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About this home
5048 Shoreway Loop #40404 is a 2006-built home in Vista Cay/Harbor Square Ph 4, Orlando. Inside you'll find 3 bedrooms, 2 bathrooms, and 2,097 square feet of living space. Listed at $699,000 (about $333/sqft), 101 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $782.75 quarterly.
UPGRADED PENTHOUSE CORNER LAKE-VIEW CONDO in Vista Cay Resort, offering an exceptional opportunity for Airbnb and VRBO investors, 1031 Exchange buyers, vacation-home buyers, second-home owners, or full-time residents in one of Orlando’s premier resort communities where short-term rentals are permitted. Owners have the flexibility to self-manage or choose their preferred property management company, providing greater control over rental strategy and operating expenses. Ideally positioned directly across from the main entrance to Universal’s Epic Universe and adjacent to the Orange County Convention Center, this beautifully FULLY REMODELED top-floor corner residence offers 3 bedrooms, 2 bathrooms, plus a versatile den/office/flex room, a spacious primary suite with a remodeled private en-suite bath, two additional bedrooms, a second full bath, full laundry room, and generous storage. The open-concept interior is filled with natural light and showcases HIGH-QUALITY TILE FLOORING THROUGHOUT, CROWN MOLDING, COMPLETELY REMODELED BATHROOMS, A GLASS-ENCLOSED WALK-IN SHOWER IN THE PRIMARY SUITE, UPGRADED HIGH-END KITCHEN APPLIANCES, WATER SOFTENER SYSTEM, CUSTOM LAUNDRY CABINETRY WITH LED LIGHTING, and a private balcony with beautiful lake views. Major improvements include a 2018 A/C SYSTEM, ALL A/C COPPER REFRIGERANT LINES REPLACED IN 2025, and a 2018 WATER HEATER, adding value and confidence in the home’s major systems. Vista Cay Resort is a gated destination community offering an impressive array of amenities, including multiple resort-style heated pools, hot tubs, children’s water features and splash pad, pool bars, game room, fitness center, clubhouse, concierge services, walking and jogging trails, beautifully maintained grounds, and convenient access to nearby shopping, restaurants, and entertainment. The location provides excellent connectivity to I-4, SR 528/Beachline Expressway, Orlando International Airport, International Drive, Universal Orlando Resort, SeaWorld, Walt Disney World, Downtown Orlando, shopping destinations, and Central Florida’s major attractions. With Orlando welcoming more than 77 million visitors in 2025, the continued draw of Epic Universe, and strong year-round convention activity, Vista Cay is strategically positioned within Orlando’s tourism and hospitality corridor. Adding to the area’s long-term investment appeal, the Orange County Convention Center is undergoing a $560 million expansion that will add approximately 44,000 square feet of meeting space, further supporting demand for nearby accommodations. Whether you are expanding an existing Airbnb or VRBO portfolio, completing a 1031 Exchange, purchasing an Orlando vacation rental, or looking for a second home with rental flexibility, this penthouse corner lake-view condo offers a compelling combination of location, upgrades, resort amenities, rental flexibility, and investment potential. A detailed list of furniture and furnishings included in the sale is attached to the MLS documents, and the den image has been virtually enhanced using AI for marketing purposes. Schedule your private showing today.
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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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 is the fee 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
$699,000
$333 per sq ft
Beds and baths
3 beds, 2 baths
Size
2,097 sq ft
Time on market
101 days
Year built
2006
Monthly payment
About $4,882/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,507 annual tax bill, insurance, and the $782.75/qtr HOA fee.
HOA fee
$782.75/qtr
Managed by Optimum Community Management.
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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