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Four Corners 34747 Emerald Island
8663 La Isla DRIVE
$495,000
● House - Off Market

8663 La Isla DRIVE

KISSIMMEE, FL 34747
bedrooms
7 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
2,881 Ft²
$572,855
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Great vacation home at Emerald Island Resort... open floor plan, high ceiling, heated pool/spa, Luxury design and decoration....7 bedroom 4.5 baths, New roof  was replaced on 2018, new water heater on 2019, newer air conditioner... 24 hour gate guard security resort, big resort pool, hot tub, sauna, fitness room, cyber Internet room, numerous playgrounds, a sand volleyball court, tennis center and a nature trail to enjoy.. It have a Great opportunity awaits you in this executive villa in Emerald Island Resort, you may use it as a high cash flow short rental property , a vacation home or residence with resort style.
Unit Size
2,881 Ft²
Days on Market
71 days
Land Size
0.14 acres
Price per sqft
$177
Property Type
House
Property Taxes
$382
HOA Dues
$347
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #S5055243)

Price History

Date / Event Date Event Price
Nov 1, 2021 Sold
Premium
Sold
Aug 19, 2021 Listed by MAGICMIND REALTY LLC $509,000
Listed by MAGICMIND REALTY LLC
Jan 3, 2012 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 3,301
  • Gross Building Area: 3,757
  • Building Area: 2,881
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 2,881
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD ISLAND RESORT PH 5A
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 0111
  • State Land Use Code: 0111
  • Legal Description 1: EMERALD ISLAND RESORT PHASE FIVE-A PB 16 PGS 171-172 LOT 152

Neighborhood

  • School District Name: Osceola County School District
  • Census Tract: 040806

Zoning

  • Zoning: OPUD

Geography

  • Assessors Map Reference: PB 16 PG 171-17
  • Subdivision Phase Number: 5
  • Subdivision Tract Number: 3058
  • Parcel: 09-25-27-3058-0001-1520
  • Block: 1520
  • Lot: 152
  • Meridian: SEC 09 TWN 25S RNG 27E
  • Municipality: OSCEOLA COUNTY
  • Latitude: 28.3284
  • Longitude: -81.6265

    Address

  • Full Address: 8663 La Isla Dr
  • Address - House Number: 8663
  • Address - Street Name: La Isla
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Kissimmee
  • Zip Code: 34747

Valuation

    Tax

  • Total Area: 3,757
  • Tax Year: 2022
  • Tax Amount: $579,430
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1513
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 81
  • Final Value: 611,207
  • High Value: 703,684
  • Low Value: 518,730

    Market Valuation

  • Market Total Value: $394,700
  • Market Land Value: $60,000
  • Market Improvement Value: $334,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $394,700
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $334,700

    Sales

  • Current Sale Contract Date: Oct 26, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021169693
  • Previous Sale Recording Date: Jan 03, 2012
  • Previous Sale Contract Date: Dec 22, 2011
  • Previous Sale Amount: $327,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Citrus Ridge

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$204

Below Asking

0.02%

Average Days on Market

102

Average Home Size

2347 ft²

Average Home Age

11.4 years

Currently For Sale

2005 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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STELLAR

Listed by: Huafeng Fang
MAGICMIND REALTY LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# S5055243
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 8663 La Isla Drive built and last sold?
The property at 8663 La Isla Drive was built in 2005 and last sold on Oct 26, 2021 for $495,000.
How much is this home worth?
The estimated value of the home located at 8663 La Isla Drive is $0.
What are some comparable homes to 8663 La Isla Drive?
There are currently no comparable homes to 8663 La Isla Drive.
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