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7661 Fairfax Drive

Kissimmee, FL 34747
  • $1,745,000
  • STATUS: Active
  • ON SITE: 123 Days
  • MLS #: O6184685
$1,745,000
  • 12
    BEDS
  • 0.24
    ACRES
  • 12
    BATHS
  • 1
    1/2 BATHS
  • 6,351
    SQFT
  • $275
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2019
County:

School Ratings & Info

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 $125K+ 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!

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-07-15T23:51:35.94.
www.neflproperties.com/homes/148565798
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7661 Fairfax Drive Kissimmee, FL 34747

  • Price: $1,745,000
  • Status: Active
  • On Site: 123 Days
  • MLS #: O6184685
12
Beds
12
Baths
1
½ Baths
0.24
Acres
6,351
SQFT
$275
$/SQFT
2019
Built
Neighborhood:
Reunion West Ph 2B West
County:
Osceola
Area:
Kissimmee/Celebration
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 $125K+ 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!
Exterior Features

Architectural Style CottageFlorida Attached Garage Yn Yes Carport Yn No Construction Materials BlockStucco Covered Spaces 2 Direction Faces South Exterior Features BalconyIrrigation SystemLightingOutdoor GrillOutdoor ShowerSidewalkSliding Doors Fencing Fenced Foundation Details Slab Garage Dimensions 20x12 Lot Features LandscapedSidewalk Open Parking YN Yes Parking Features DrivewayGarage Door OpenerGround Level Patio And Porch Features CoveredRear Porch Pool Features Child Safety FenceGuniteHeatedOutside Bath Access Pool Private Yn Yes Road Frontage Type Street PavedPrivate Road Road Surface Type Paved Roof Shingle Spa Features HeatedIn Ground Spa YN Yes Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Additional Rooms Great RoomLoftMedia Room Appliances Built-In OvenDishwasherDisposalDryerElectric Water HeaterExhaust FanMicrowaveRangeRefrigeratorWasherWater Filtration SystemWine Refrigerator Building Area Total 7644 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring CarpetCeramic TileLuxury Vinyl Furnished Furnished Heating Electric Heating YN Yes Interior Features Ceiling Fan(s)High CeilingsKitchen/Family Room ComboOpen FloorplanPrimaryBedroom UpstairsStone CountersThermostatWalk-In Closet(s)Wet BarWindow Treatments Laundry Features Corridor AccessInsideUpper Level Levels Two Sewer Public Sewer Stories Total 2 Water Source Public Window Features ShadesWindow Treatments

Property Features

Association Amenities Fitness CenterGatedRecreation FacilitiesSecurity Association Approval Required Yn No Association Fee 783.67 Association Fee Frequency Monthly Association Fee Includes 24-Hour GuardCable TVCommunity PoolInternetMaintenance GroundsPest ControlPrivate RoadRecreational FacilitiesSecurityTrash Association Fee Monthly Amount 783.67 Association Fee Requirement Required Association Yn Yes Cdd Yn Yes Community Features ClubhouseFitness CenterGated Community - GuardPlaygroundPoolSidewalks Down Payment Resource No Flood Zone Code X Garage Yn Yes Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventional Minimum Lease 1-7 Days New Construction Yn No Other Fees Amount 119 Other Fees Term Monthly Ownership Fee Simple Pet Restrictions Please verify with HOA Pets Allowed Breed Restrictions Property Sub Type Single Family Residence Realtor Info As-IsNo SignSee AttachmentsShort Term Rental Allowed Security Features Gated CommunitySecurity GateSecurity LightsSecurity SystemSmoke Detector(s) Senior Community Yn No Special Listing Conditions None Tax Annual Amount 18431.37 Total Annual Fees 10832.04 Total Monthly Fees 902.67 Utilities BB/HS Internet AvailableCable AvailableCable ConnectedElectricity AvailableElectricity ConnectedPhone AvailablePublicSewer AvailableSewer ConnectedStreet LightsUnderground UtilitiesWater AvailableWater Connected Yrs Of Owner Prior To Leasing Re No Zoning RES


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of KELLY FRENCH REAL ESTATE INC: 352-988-4975.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-07-15T23:51:35.94.
 
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River + Coast Property Group
101 Liberty Center Place
St. Augustine FL, 32092