4 Bedroom 2 Bathroom Investment Property For Sale in Kissimmee, Florida.

4 bedroom, 2 bath Key West model detached villa property for sale in Kissimmee, Florida. This property is situated close to all amenities and major attrations.You won’t believe how beautiful a home your money buys with our exciting new 4 bedroom, 2 bath Key West model.

A spacious Great Room is only the beginning of the generous and luxurious spaces. The privacy-designed split floor plan transforms the master suite into an elegant retreat. The Great Room separates it from three additional bedrooms that provide abundant space for family members and guests. The Key West’s luxurious standard features include decorative paving, a gourmet kitchen with eat-in breakfast nook, high ceilings, and more.

About Tuscany Preserve

Lake Marion the Ideal Location to Discover Florida

Ideally located in a serene nature reserve-like environment, it seems hard to believe that the Tuscany Preserve Community is only 35 minutes to the great attractions, including Walt Disney World, Sea World and Universal Studios. Orlando International Airport is also within easy reach. To the east, the Atlantic Beaches are within easy driving distance, with Bike Week and NASCAR racing in Daytona Beach. To the west, the Gulf coast beaches beckon.

In the serene natural environment where the spectacular spring-fed waters of the 3,006 - acre Lake Marion set the ambiance for the finest in Florida living, the enchanting enclave of Tuscany Preserve holds the promise of everything you’ve ever dreamed of owning. Tuscany Preserve is the Florida life everyone seeks. Don’t miss this opportunity to have it for your very own.

Close to Disney

And closer to perfection, a lifestyle that offers the serenity and seclusion of a world apart, it’s within minutes of great Central Florida recreation, including 4 nearby golf courses, horseback riding and more.

Convenient shopping and medical facilities are a short drive away, and a major regional mall is also nearby. The greatest of world-class attractions that include Walt Disney World, Sea World and Universal Studios are a 35 minute trip, with the Orlando International Airport another 15 minutes from there. The white, smooth sandy Atlantic and Gulf beaches are an easy drive away.

The Key West

• 4 Bedrooms
• 2 Luxury Bathrooms
• Private Pool
• Spacious Lounge
• Fully Fitted Kitchen
• Close to Disney and major attractions
• Air conditioned square footage 1,779
• Total square footage 2,330

Things to do

Welcome to Tuscany Preserve, a luxurious gated community that offers you a great lifestyle with all the amenities at a surprisingly affordable price. Come and discover all that our community has to offer you as you prepare to buy a home in the heart of Central Florida.

As a Tuscany Preserve resident you’ll have access to the many pleasures of Lake Marion. Premier bass fishing, canoeing, kayaking and water sports, marina docks, lakeside park with picnic shelters and BBQ grills. There are also nature trails, beach volleyball and an old-fashioned gazebo where you can gather with family and friends to toast the blazing sunsets over the lake.

• Gated main entry
• Beautiful landscaping throughout
• Lakes with illuminated fountains
• Wildlife preserve areas
• The beauty of native vegetation
• Automatic sprinkler system for lush surroundings
• 2 Fabulous 5,000 sq. ft. Clubhouses and recreation areas
• Kitchen and multi-function room for gatherings and events
• 2 Fitness Centre with professional grade workout equipment, aerobics area,saunas
• Barbeque area
• Lighted Tennis Courts

Why invest or buy?

Invest: Low prices.   Florida property prices have now begun to stabilise and are showing every sign of growing from this low point.  As long as your plan is not to make a quick profit then Florida can be an ideal place to invest – prices are low, rental income is strong and mortgages are freely available.

No-one is prevented from owning property in Florida and the systems for buying and registering property ownership are amongst the most stringent in the world.

It is common when buying property in the US to buy Title Insurance as part of the transaction.  This confirms and insures that you have proper title to the property and protects against unforeseen claims arising after the purchase (for example, in the US an unpaid
tradesman has a claim against any property he has worked on – not
something that is easy to check prior to purchase)

Buying:

Buying property in Florida is safe and easy - foreigners enjoy the same property rights as locals. Every year, thousands of property transactions are conducted without problems. When a new property is being built in Florida and prior to closing, an orientation (walk thru) with the builder takes place. This involves either you or your representative checking the property to ensure entire buyer satisfaction (snagging list).

The 'Title Company' conveys the title (a title insurance policy is issued) & then ensures that the appropriate monies are distributed to all of the relevant parties. They do not act for either seller or buyer and you can rest assured that the money is protected and will be dispersed correctly. The closing costs are similar in many ways to the items that we pay in the UK: Stamp duties, etc. 

What are the costs involved in buying a property?

It is sensible to budget for up to 4.5% of the total purchase price, to include disbursements (this is the maximum sum it should cost you). A cash purchase should reduce this sum to nearer 2%.

What about taxes?

The property taxes on your home normally amount to approx. 1.5% of the property's value and this is commonly paid on a monthly basis along with your mortgage payments. A sales tax (VAT) must be charged on all rental income and this is currently 12%. The tax treaty between the UK and USA means that double income tax is avoided, although all rental income must be declared.

As a guide, all relevant expenses including the mortgage interest, can be off set against any due tax from rental income and it is not uncommon for an ultimate payment to be minimal, once all of the appropriate expenses are taken into account. In some cases it may even be wiped out completely, although it will all depend entirely on the individual’s personal circumstances.

It is always wise to seek independent advice on tax matters as circumstances can vary significantly from one person to another.

Can I get a mortgage to buy my property?

If you wish to purchase a Florida property with a mortgage, then subject to qualification, it is a relatively simple matter.

You should be able to obtain up to 80% of the purchase price or valuation (appraisal), whichever is the lower. Fixed and/or variable rate loans of up to 30 years are normally available, regardless of age.

You will need to provide the lender with a list of certain documentation, as proof of your ability to repay the loan on your property. Normally the best available rates are readily obtained by supplying the maximum documentation. We recommend that you take the documents with you during your visit, subject to you not having already supplied the information during pre-qualification by a suitable lender.

Costings

Purchase Cost

Sale Price                          $ 349,900

Gifted Deposit                   $ 109,900

Closing Cost                      Gifted       

65% Mortgage                  $ 228,000

Cash Deposit                    $ 12,000

Administration charge        $ 8,000

Running Cost

Bills / Utilities             Paid by Developer

Rentals pa                  $ 19,200        9 month   

Yearly Costs              $ 4,320        Tax Insurance

Yearly Mortgage        $ 10,140        6.50%

Profit                          $ 4,740        pa

 If you would like more information about our property for sale in Florida, or have any questions in regards to owning, buying or investing in a property in Florida, then please feel free to contact us.

Facilities in this property

Air conditioning, Garden, Garage, Car Parking, Private swimming pool

Facilities near this property

Hospital & Medical Emergency, Doctors surgery, Dentist, Airport, Parks & Gardens, Car Parking, Golf driving-range, Golf course, Gym, Spa, Tennis Court, Swimming Pools, Childrens Playgrounds, Adventure park, Nature reserves, Outdoor activities, Beach / Coast, Bars & Nightclubs, Restaurants, Cafe & eaterys, Hotel, Shopping centre, Mall, Other

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