Residential Property - Townhouse in Kissimmee
Listing Price: $369,000 (Mortgage Calculator →)
Description of Property
Excellent investment opportunity. Located in the exclusive gated community of Compass Bay, one of the few communities in Kissimmee that permits short-term rentals (Airbnb/VRBO). The property is currently tenant-occupied, providing immediate rental income from day one. This well-maintained residence features 3 bedrooms, 2.5 bathrooms, and 1,882 square feet of living space, along with high-quality upgrades, including Luxury Vinyl Plank (LVP) flooring throughout with no carpet. The garage has been professionally converted into a fourth bedroom, complete with its own independent air-conditioning unit and upgraded flooring, offering a versatile space that can be used as a bedroom, home office, gym, or game room, while still retaining the option to function as a garage. Its prime location makes this property an outstanding investment, situated approximately 7–10 minutes from Walt Disney World, 15 minutes from SeaWorld Orlando, 18–22 minutes from Universal Orlando Resort, 8 minutes from The Loop Shopping Center, and 20–25 minutes from Orlando International Airport (MCO). It also offers convenient access to US-192, Osceola Parkway, and SR-417, providing easy connectivity to Central Florida's major attractions, shopping, dining, and entertainment. An ideal opportunity for investors seeking immediate cash flow, a property in a high-demand location for both tourists and residents, and the flexibility to continue as a long-term rental or potentially transition to the vacation rental market in the future, subject to community regulations and the terms of the existing lease
Bedrooms: 3
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 2,200
Garage: Yes1 vehicles
Carport: Yes1 vehicles
Community Pool: Yes
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Townhouse
City: Kissimmee
County: Osceola
Subdivision: Compass Bay Unit 1
Bedrooms: 3
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 2,200
Sq. Ft. Living Area: 1,882
Cost per (heated) sqare foot: $196
Year built: 2008
Annual Tax: $4,079
HOA Fee: $762 Quarterly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Pool Maintenance
Appliances: Washer
Flooring: Ceramic Tile
Schools
Elementary School: Reedy Creek Elem (K 5)
Middle/Junior High School: Kissimmee Middle
High School: Celebration High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Tile
Exterior Features: French Doors
Garage: Yes
Garage Spaces: 1
Carport: Yes
Carport Spaces: 1
Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Central
Sewer: Public Sewer
Water Source: Public
Community Features: Pool
Lot Information
Lot Size (acres): 0.04
Lot Size (sq. ft.): 1,873 square feet
Lot Dimensions: 22 x 85
Front Exposure: East
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 022528307300010250
Zoning: STRPD
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: COMPASS BAY UNIT ONE PB 20 PG 57-60 LOT 25
Section: 2
Range: 28E
Listing courtesy of MY REALTY GROUP, LLC.. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.