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409 Fountainhead Circle, Kissimmee, FL 34741

$2,300,000

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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.

409 Fountainhead Circle | MLS# TB8430923

This multi-family property located at 409 Fountainhead Circle, Kissimmee, FL 34741 is currently listed for sale with an asking price of $2,300,000. Search Kissimmee real estate on katherinef.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.17 Acres
Roof Type: Shingle
Taxes: $25,208
Year Built: 1988
Square Feet: 10,652

Amenities

Open Floorplan
Outdoor Grill
Tennis Court(s)

Feature Descriptions

Annual Net Income: 163130.00
Days on Site: 161
Directions: Westbound on W Columbia Ave. Property will be on the right.
Exterior: Frame
Flood Zone Code: X*
Foundation: Slab
HOA Fee: 320/ Annually
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.17
Ownership: Fee Simple
Pets Allowed: Cats OK, Dogs OK
Pool: Above Ground
Property Attached Y/N: No
Property Sub-Type: Multi Family
Sewer: Public Sewer
Showing Instructions: Appointment Only, Do Not Contact Tenants, See Remarks
Special Sale Provisions: None
Swimming Pool: Yes
Units: 12
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Water View: Lake
Zoning: X

Listed By / Shown By

Listed By

Agency Name: FLORIDA REALTY INVESTMENTS
Agency Contact: 407-207-2220

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Estimated Payment

$ 13,862.45 per month $11,090.95 Principal & Interest $2,100.67 Property Tax $670.83 Homeowner's Insurance

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