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7661 Fairfax Drive, Kissimmee, FL 34747 (MLS # O6184685)
Kissimmee, OSCEOLA COUNTY, Usa
REF: 804388
$1,745,000
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. 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 ~$200. 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!
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. 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 ~$200. 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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Currency Exchange
Kissimmee, OSCEOLA COUNTY, Usa
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in USA do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in USA takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this $1,745,000 property cost you?
| Property Price $ | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| $1,745,000 | £1,356,842 | £1,428,422 | £71,580 |
| Property Price $ | $1,745,000 |
| Minimum cost in the last six months | £1,356,842 |
| Maximum cost in the last six months | £1,428,422 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £71,580 |
Kissimmee, OSCEOLA COUNTY, Usa
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in USA do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in USA takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this $1,745,000 property cost you?
| Property Price $ | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| $1,745,000 | £1,356,842 | £1,428,422 | £71,580 |
| Property Price $ | $1,745,000 |
| Minimum cost in the last six months | £1,356,842 |
| Maximum cost in the last six months | £1,428,422 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £71,580 |
The exchange rate on the day you make an offer on your property in USA will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £71,580 more.
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