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Wade M. Berlin

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3000 Penelope Loop
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PRICED AT ONLY: $979,900

Address: 3000 Penelope Loop, KISSIMMEE, FL 34746

Description

**Discover Your Dream Vacation Home in The Cove at Storey Lake!** Welcome to this stunning single family home in the sought after community of The Cove at Storey Lake in Kissimmee, FL. Built in 2022 and very lightly used, this home was only recently introduced to a short term rental program and is in exceptional condition. With 9 bedrooms, 5 full bathrooms, and $138,000 in high quality furniture and custom themingadded in 2022 and still like newthis property offers a perfect blend of luxury, comfort, and entertainment. Set on a prime corner lot with no rear or side neighbors, the home provides ultimate privacy and breathtaking conservation and water views. The outdoor area is a true oasis, featuring a screen enclosed pool and spa where you can relax while taking in the serene surroundings. Inside, the home is a masterpiece of design and fun! Themed bedrooms and entertainment spaces create unforgettable experiences for all ages. Children will love the Princess Bedroom, the Mickey Mouse Clubhouse Room complete with double bunk beds and a slide, and the Jurassic World Room. The Marvel themed game room loft offers hours of family fun, while the Star Wars theater room provides an out of this world movie experience. Adults will appreciate the tasteful, elegant dcor in several bedrooms designed for relaxation. The open concept living area is ideal for gatherings, with a modern kitchen featuring granite countertops, high end appliances, and plenty of storage. The space seamlessly connects to the dining and living areas, all illuminated by abundant natural light from large windows and sliding glass doors. Beyond the home itself, The Cove at Storey Lake is a top tier community offering incredible amenities in two separate locations. Residents and guests enjoy a resort style pool, water park, lazy river, fitness center, basketball and tennis courts, and a clubhouse. Located just minutes from Orlando's world famous theme parks, shopping, dining, and entertainment, this home is not only a private sanctuary but also an excellent investment opportunity. Whether you're looking for a second home or a vacation rental property, this is your chance to own a piece of paradise in one of Florida's most desirable destinations. Although the current owner has primarily used the home as their personal vacation home, for those interested in maximizing its rental potential, short term rental data on Rabbu projects Airbnb revenue for this property at $106,040 annually, with an impressive 10.7% yield. A report showcasing this potential is included in the attachments. **Schedule your private tour today and see firsthand what makes this property truly extraordinary!**
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  • MLS#: S5135658 ( Residential )
  • Street Address: 3000 Penelope Loop
  • Viewed: 2
  • Price: $979,900
  • Price sqft: $207
  • Waterfront: No
  • Year Built: 2022
  • Bldg sqft: 4738
  • Bedrooms: 9
  • Total Baths: 5
  • Full Baths: 5
  • Days On Market: 2
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Lighting, Sidewalk
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 4707.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Corner Lot, Cul-De-Sac, Landscaped, Sidewalk, Private
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Pool Features: Heated, In Ground, Lighting
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
Amenities
  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Park, Playground, Pool, Security, Tennis Court(s), Trail(s)
Finance and Tax Information
  • Home Owners Association Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Internet, Maintenance Grounds, Private Road, Recreational Facilities, Security, Trash
  • Home Owners Association Fee: 294.04
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Association Name: The Cove at Storey Lake
  • Association Phone: 407-787-8702
  • Country: US
  • Furnished: Furnished
  • Interior Features: Built-in Features, Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Legal Description: COVE AT STOREY LAKE 4 PB 30 PGS 18-35 LOT 349
  • Levels: Two
  • Area Major: 34746 - Kissimmee (West of Town)
  • Occupant Type: Tenant
  • Parcel Number: 07-25-29-5178-0001-3490
  • View: Pool, Trees/Woods, Water
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Wade M. Berlin