7661 FAIRFAX DR, Kissimmee, FL 34747 – O6184685 - Ricardo Simon

$1,622,500

Est. payment -/mo

$1,745,000

7.0%

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

12 Beds

13 Baths

6,351 SqFt

SOLD DATE : 11/01/2024

Key Details

Sold Price $1,622,500

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 6,351 sqft

Price per Sqft $255

Subdivision Reunion West Ph 2B West

MLS Listing ID O6184685

Sold Date 11/01/24

Bedrooms 12

Full Baths 12

Half Baths 1

Construction Status Inspections

HOA Fees $783/mo

HOA Y/N Yes

Originating Board Stellar MLS

Year Built 2019

Annual Tax Amount $18,431

Lot Size 10,454 Sqft

Acres 0.24

Property Description

An investor's paradise! Introducing 7661 Fairfax Dr, affectionately termed “The Oasis”. This unparalleled 12-bedroom marvel is nestled in the heart of Encore Resort, boasting 12.5 bathrooms, sprawling over 6,300 square feet, and accommodating up to 30 guests. It features the most spacious floor plan in the Encore Resort, a rarity that spikes its demand. Over the last two years, "The Oasis" has impressively GENERATED AN AVERAGE OF $224,000 in ANNUAL GROSS RENTS, maintaining a 62% OCCUPANCY RATE with an AVERAGE NIGHTLY RATE of ~$1000/night. THIS HOME ALREADY HAS $180K ON THE BOOKS FOR 2024 & BEYOND! Initially acquired unfurnished in 2021, approximately $400,000 was invested in elevating its interiors and exteriors with luxurious furnishings, themed spaces, and an entertainment-packed game room. A recent addition includes a substantial 20.4 kilowatt Tesla solar system, fully paid off before closing, slicing the AVERAGE MONTHLY ELECTRIC BILL DOWN TO $150.00/MONTH. Both adults and younger guests have a variety of options to choose from with uniquely themed sleeping areas. Options range from the enchanting forest-themed bunk rooms, a deep-sea submarine chamber, to a whimsical Dr. Seuss-inspired sanctuary. Entertainment is on another level with a custom ~$25k 1965 Ford Mustang pool table, dual classic upright arcades for challenging the highest scores, and custom DJ lighting that sets an unparalleled ambiance. The property also features a theater room, equipped with a large projector screen and plush custom seating for over ten viewers, promising endless nights of movies and relaxation. "The Oasis" redefines luxury living and entertainment, offering an unmatched experience.
Guests will enjoy the amenities at the Encore at Reunion Resort including a spectacular clubhouse, award winning restaurant, a Water Park, full-service spa, two playgrounds, state-of-the-art gym, basketball, volleyball & tennis courts. The HOA fee covers 24-hour gated entrances & roaming security, trash pickup, & an annual exterior house cleaning. A concierge desk is available at the clubhouse to assist with booking tickets, meals, airline check ins, resort provided shuttles to parks, & more. Enjoy being minutes away from three golf courses and in the heart of attractions, shopping, dining and more. Call us today to schedule your private tour!

Location

State FL

County Osceola

Community Reunion West Ph 2B West

Zoning RES

Rooms

Other Rooms Great Room, Loft, Media Room

Interior

Interior Features Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments

Heating Electric

Cooling Central Air

Flooring Carpet, Ceramic Tile, Luxury Vinyl

Furnishings Furnished

Fireplace false

Appliance Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Filtration System, Wine Refrigerator

Laundry Corridor Access, Inside, Upper Level

Exterior

Exterior Feature Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors

Parking Features Driveway, Garage Door Opener, Ground Level

Garage Spaces 2.0

Fence Fenced

Pool Child Safety Fence, Gunite, Heated, Outside Bath Access

Community Features Clubhouse, Fitness Center, Gated Community - Guard, Playground, Pool, Sidewalks

Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Available, Sewer Connected, Street Lights, Underground Utilities, Water Available, Water Connected

Amenities Available Fitness Center, Gated, Recreation Facilities, Security

Roof Type Shingle

Porch Covered, Rear Porch

Attached Garage true

Garage true

Private Pool Yes

Building

Lot Description Landscaped, Sidewalk, Paved, Private

Story 2

Entry Level Two

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Architectural Style Cottage, Florida

Structure Type Block,Stucco

New Construction false

Construction Status Inspections

Others

Pets Allowed Breed Restrictions

HOA Fee Include Guard - 24 Hour,Cable TV,Pool,Internet,Maintenance Grounds,Pest Control,Private Road,Recreational Facilities,Security,Trash

Senior Community No

Ownership Fee Simple

Monthly Total Fees $902

Acceptable Financing Cash, Conventional

Membership Fee Required Required

Listing Terms Cash, Conventional

Special Listing Condition None

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Submit

Ricardo Simon

ricardo.simon@lptrealty.com +1(407) 476-6263

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by KELLY FRENCH REAL ESTATE INC
Bought with WRA BUSINESS & REAL ESTATE

"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

+1(407) 476-6263

ricardo.simon@lptrealty.com