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About this home
164 Castaway Beach Way is a 2004-built home in Terra Verde Ph 02, Kissimmee. Inside you'll find 7 bedrooms, 5 bathrooms, and 2,834 square feet of living space. Listed at $520,000 (about $183/sqft), 176 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $1,400 quarterly.
Preferred lender credit available. Vacation investment opportunity located in the 24-hour guard gated and award winning resort community of Terra Verde. This 7-bedroom, 4.5-bath home with a private pool is fully furnished, meticulously maintained and professionally managed making it short-term rental ready. Updates from 2022 include a new roof, a/c unit, and upstairs flooring. Spacious interior layout ideal for entertaining large families or gatherings with the primary bedroom downstairs and guest bedrooms upstairs. Enjoy the resort lifestyle right outside your door surrounded by palm trees, tropical plants and community lakeside living. Outdoor community amenities include a heated zero-entry pool, hot tub, basketball and tennis courts, sand volleyball, lakeside hammocks, adult-only lounge, children's play area, fitness equipment, cornhole, Terra Verde Tiki Bar & Grill, walking trail and two stocked resort lakes for catch and release fishing. The 6,000 sqft clubhouse provides a movie theater room, game room, fitness center with sauna and more. Terra Verde allows short term rentals up to 120 days or less and the owner occupancy can not exceed 25%. Prime location for all residents and guests, conveniently located to Walt Disney World, Universal Studios, SeaWorld, Orlando International Airport, world-class golf, shopping, and dining making this the perfect vacation investment or personal getaway.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$520,000
$183 per sq ft
Beds and baths
7 beds, 5 baths
Size
2,834 sq ft
Time on market
176 days
Year built
2004
Monthly payment
About $4,032/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,111 annual tax bill, insurance, and the $1,400/qtr HOA fee.
HOA fee
$1,400/qtr
Managed by Terra Verde Resort Master Association.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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