$300,000
Active

3150 PARADOX CIRCLE Unit 405

KISSIMMEE, FL 34746 — THE TERRACES AT STOREY LAKE
2 Beds
2 Baths
1,196 sqft
0.03 acres
Built 2020

About This Property

Virtually Staged. Premier investment opportunity at Storey Lake Resort! This beautifully appointed 2-bedroom, 2-bathroom condominium offers exceptional income-generating potential in Central Florida's most coveted short-term vacation rental destination. Featuring an open-concept layout, the modern kitchen showcases quartz countertops, 42-inch cabinetry, and stainless steel appliances, flowing seamlessly into a spacious living and dining area. In-unit washer and dryer, custom window blinds, and beautiful finishes complete the unit—furniture is negotiable and available for separate purchase. Guests enjoy exclusive access to world-class resort amenities including a lazy river, resort-style pool, splash pad, double water slides, fitness center, kayak rentals, miniature golf, volleyball court, and multiple sports courts. Located just 7 minutes from Walt Disney World Resort, 3.5 miles from Disney Springs, and 3.2 miles from Orlando International Premium Outlets, this prime location ensures year-round demand from leisure travelers. Whether expanding your investment portfolio, capitalizing on strong short-term rental income, or securing a personal vacation retreat, this property delivers outstanding returns with an unbeatable location, exceptional amenities, and proven rental demand—making it an intelligent investment choice for savvy investors.

Property Details

Basics

Property Type
Residential
Property Subtype
Condominium
MLS Number
P4939060
Days on Market
1
Year Built
2020
Levels
One
Architectural Style
Other
Floor Number
4
Additional Rooms
Inside Utility
Direction Faces
Northwest
Occupant Type
Vacant

Size & Structure

Living Area
1,196 sqft
Total Area
1,196 sqft
Lot Size
0.03 acres
Lot Sq Ft
1,266 sqft
Bedrooms
2
Full Baths
2
Stories
4

Interior

Flooring
Tile
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Interior Features
Ceiling Fans(s), Elevator, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Window Treatments
Laundry
Electric Dryer Hookup, Inside, Laundry Closet, Same Floor As Condo Unit, Washer Hookup
Furnished
Negotiable
A/C
Central Air
Heating
Central, Electric

Exterior & Lot

Exterior Features
Balcony, Courtyard, Sidewalk
Construction
Block
Roof
Metal
Foundation
Slab
Patio/Porch
Deck
Lot Features
City Limits, Landscaped, Near Golf Course, Private, Sidewalk, Paved
View
Pool

Water & Pool

Community & HOA

HOA
Yes
HOA Fee
$405/Monthly
HOA Amenities
Clubhouse, Elevators, Fitness Center, Gated, Golf Course, Maintenance, Optional Additional Fees, Park, Pool, Recreation Facilities
Condo Fees
$214/Monthly
Community Features
Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf, Park, Playground, Pool, Sidewalks
Pets Allowed
Yes
CDD
Yes

Utilities & Systems

Water
Public
Sewer
Public Sewer
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Connected, Underground Utilities, Water Available, Water Connected
Cooling
Central Air
Heating
Central, Electric
Flood Zone
X
Parking
Curb Parking, Guest, Off Street, Open

Financial

List Price
$300,000
Annual Taxes
$5,617
Tax Year
2025
Listing Terms
Assumable, Cash, Conventional, FHA, VA Loan
Special Conditions
None
Possession
Close Of Escrow

Schools

Elementary
Floral Ridge Elementary
Middle School
Kissimmee Middle
High School
Celebration High

Virtual Tour

View Virtual Tour

Location