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About this home
4609 Formby CT is a 1999-built home in Lake Berkley Resort, Kissimmee. Inside you'll find 4 bedrooms, 3 bathrooms, and 1,844 square feet of living space. Listed at $464,000 (about $252/sqft), 129 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $415 quarterly.
Turnkey STR that made ~$65kin revenue last year! Currently managed by Blue Gems Management and can be seamlessly transferred over to you without missing existing income generating reservations. As an investor you know that this property is worth snatching up just because of its figures, but let's also discuss its features: Luxury Vinyl Plank flooring throughout means no carpet to replace each year, while providing a lux feel under foot and warmth to the design esthetics. Kitchen dons quartz countertops, single basin sink, subway tile backsplash, matte black fixtures, stainless appliance suite, and a 4 seat eating space in addition to the separate Dining Room. 3 of the Bedrooms (including the Primary) are downstairs, each with Full Bathrooms featuring their own design styles and finishes, while maintaining an airy and welcoming cohesiveness throughout the home. Window treatments and Blinds in every room. Sliding door opens from the living room, with multiple entertainment areas, out to the screened lanai and swimming POOL. In the evening you or your guests won't have to worry about pesky Florida insects and can enjoy overhead string light ambiance while sharing memories and planning for the next exciting theme park day ahead. Also a great option to convert the garage to a theatre/arcade for added rental pricing and resale benefit. Gotta love an equity opportunity! Lake Berkley Resort is a Gated community with: Tennis, Basketball, Beach Volleyball, Walking Trails, Fishing Pier, Beach area, and More. Booking daily so schedule your showing ASAP.
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The essentials
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Details
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.
Price history
Neighborhood
Market insights
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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
$464,000
$252 per sq ft
Beds and baths
4 beds, 3 baths
Size
1,844 sq ft
Time on market
129 days
Year built
1999
Monthly payment
About $3,266/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,711 annual tax bill, insurance, and the $415/qtr HOA fee.
HOA fee
$415/qtr
Managed by Leland 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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