Renovated Townhome in Terra
4748 VERO BEACH PLACE Kissimmee, FL 34746
4748 VERO BEACH PLACE, Kissimmee, FL, 34746
$309,000
For Sale
$309,000
Newly renovated, professionally designed 3-bedroom townhome in Terra Verde Resort.
Property Size1,286 SF
Lot Size0.03 Acres
Price / SF$240.28
Days on Market531
Property Features for 4748 VERO BEACH PLACE
General Information
- Standard status
- Active
- Size
- 1,286 SF
- Lot size
- 0.03 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2004
Listing Agency
HOUSE PROUD REALTY
(407) 497-4835
Listed by
Charlotte Wallace · License #3454198
(407) 497-4835
Source
Exitrealty
Added: Feb 1, 2025 Checked: Jul 17 at 3:23 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOUSE PROUD REALTY
Investment Insights
Based on property information with market context.
This newly renovated and professionally designed 3-bedroom townhome is located in the Terra Verde Resort. The home has undergone a complete renovation in the past two months, featuring a renovated kitchen with quartz countertops and new stainless-steel appliances. The open-plan main living area features a relaxed coastal design with new furniture, fittings, and decor. Upstairs, the king-size master bedroom includes a remodeled en-suite bathroom. Both bathrooms have been updated with new luxury vinyl tile, shiplap walls, and designer sinks and fittings. There are two additional bedrooms: a Mickey-themed twin room and a coastal-themed queen room. This property features a fully screened courtyard and a serene view of a conservation area with no rear neighbors, benefiting from a south-facing location. The courtyard is furnished with a hot tub with a new heater and cover, and string lighting. Situated in a quiet area of the resort, the home is within walking distance of resort amenities, including a pool area, tiki bar, tennis, volleyball, and basketball courts located on a private lake. This property is intended for residential use and short-term rentals.
Key Highlights
- Newly renovated and professionally designed 3‑bedroom townhome.
- Located in the sought‑after Terra Verde Resort with access to amenities like a pool, Tiki bar, tennis, volleyball, and basketball courts.
- Rare screened courtyard with a hot tub (new heater and cover) and conservation view with no rear neighbors.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.6k | $18.36 |
| − Vacancy | −$1.5k | −$1.14 |
| EGI | $22.1k | $17.22 |
| − OpEx | −$10.0k | −$7.75 |
| NOI | $12.2k | $9.47 |
1,286 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$174.0K
$152.3K – $203.0K
NOI $12,181 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$309.0K
$270.4K – $360.6K
NOI $21,633 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
What type of property is this?
Short term rental property - Newly renovated, professionally designed 3-bedroom townhome in Terra Verde Resort.
Where is this short term rental property located?
The property is located at 4748 VERO BEACH PLACE Kissimmee, FL.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Newly renovated and professionally designed 3‑bedroom townhome.; Located in the sought‑after Terra Verde Resort with access to amenities like a pool, Tiki bar, tennis, volleyball, and basketball courts.; Rare screened courtyard with a hot tub (new heater and cover) and conservation view with no rear neighbors.
