409 Fountainhead Circle, Kissimmee, FL 34741

$2,250,000
20
BD
19
BA
10,652
SqFt

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List Price
$2,250,000
Status
Active
Days on Market
306
Price Change
▼ $50,000 1775519596
MLS#
TB8430923
Property Style
Multi-Family 5+
Year Built
1988
Bedrooms
20
Bathrooms
19
Living Area
10,652
Lot Size
7,496
Acres
0.17
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Bella Vista Condo
MLS Area Major
Kissimmee (Downtown East)

Property Description

Bella Vista Condos, is a stabilized 12-unit condominium portfolio located at 409 Fountainhead Circle, Kissimmee, Florida 34741. Units are located in separate buildings inside the apartment complex. Located just 10 miles from Walt Disney World Resort (about a 15 minute drive). This close proximity positions the property to attract a steady rental base from the region’s thriving workforce tied to the tourism, hospitality, and service industries. Additionally, residents benefit from easy access to world-class entertainment, shopping, and dining that make the Kissimmee/Disney corridor one of the most dynamic residential markets in Florida. Built in 1988, Bella Vista Condos consists of 12 individually owned condo units across a larger mid-rise development, totaling 10,652 rentable square feet. The portfolio features a balanced unit mix of 1, 2, and 3-bedroom units. All units are outfitted with central AC and screened-in patios or balconies. Tenants are responsible for electric (separately metered), while water and trash service are included in HOA Fees. Landlord recovers costs via a utility recovery fee. The property sits on a sizable 16.6-acre community, providing residents with open space and shared amenities including a tennis court, swimming pool, playground, and more. The property is also minutes from Downtown Kissimmee, The Loop Shopping Center, and major commuter routes like US-192 and the Florida Turnpike, enhancing convenience for working professionals.

Additional Information

Taxes
$25208
Annual Gross Income
241053
Hoa Fee
$320
HOA Payment Schedule
Annually
Community Features
No Deed Restriction
Zoning
X
Interior Layout
Open Floorplan
Interior Features
Open Floorplan
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Frame
Exterior Features
Outdoor Grill, Tennis Court(s)
Roof
Shingle
Foundation
Slab
Pool
Private
Pool Type
Above Ground
Water View
Lake
Pets
Allowed
Flood Zone Code
X*
Parcel ID
16-25-29-1039-0005-2330
Legal Description
BELLA VISTA A CONDO CB 9 PG 93-113 OR 3156/106 BLDG 5 UNIT 233

Listing courtesy of FLORIDA REALTY INVESTMENTS. 407-207-2220

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