Furnished Condo with Resort
515 MIRASOL CIRCLE 304 Celebration, FL 34747
For Sale
$499,000
Pending
Top-floor condo with treetop views, modern kitchen, and resort amenities.
Property Size1,465 SF
Lot Size0.27 Acres
Days on Market551
Property Features for 515 MIRASOL CIRCLE 304
General Information
Standard status
Pending
Size
1,465 SF
Lot size
0.27 Acres
Property subtype
Condo/Townhome
Building Details
Year Built
2003
Listing Agency:
CENTURY 21 CARIOTI
(863) 670-2315
Listed By:
Scarlett Williams, PA · License #3021134
(863) 670-2315
Source:
Exitrealty
Added: Jan 24, 2025
Changed: Jul 6
Last Checked: Jul 29 at 9:13AM
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 CENTURY 21 CARIOTI
Investment Insights
Based on property information with market context.
This furnished top-floor condo features 2 bedrooms and 2 bathrooms, offering a bright and spacious living environment. A screened porch provides serene treetop views. The eat-in kitchen is equipped with upgraded stainless steel appliances, granite countertops, a closet pantry, and ample cabinet space. The expansive living area includes 10-foot ceilings, a dining area, and a built-in dry bar. Wood and tile flooring extends throughout the living and dining areas, while the bedrooms are carpeted. The owner's suite features a master bath with a walk-in shower, garden tub, double sinks, and granite counters. Located in Mirasol at Celebration, residents have access to a 24-hour fitness center, concierge services, a resort-style heated pool and spa, a resident clubroom with billiards, and a business center with a private conference room. The property is situated a short distance from the town center, offering access to fine dining and local shopping. The property size is 1465 square feet.
Key Highlights
- Top‑floor, furnished 2‑bedroom, 2‑bathroom condo with serene treetop views from a screened porch.
- Chef‑inspired eat‑in kitchen with upgraded stainless steel appliances and granite countertops.
- Mirasol at Celebration amenities include a 24‑hour fitness center, concierge services, resort‑style heated pool and spa, resident clubroom with billiards, and business center.
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 | $35.0k | $23.88 |
| − Vacancy | −$2.3k | −$1.55 |
| EGI | $32.7k | $22.33 |
| − OpEx | −$14.7k | −$10.05 |
| NOI | $18.0k | $12.28 |
1,465 SF · lease $23.88/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$257.0K
$224.9K – $299.9K
NOI $17,991 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$453.0K
$396.4K – $528.5K
NOI $31,710 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Residential income property - Top-floor condo with treetop views, modern kitchen, and resort amenities.
Where is this residential income property located?
The property is located at 515 MIRASOL CIRCLE 304 Celebration, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Top‑floor, furnished 2‑bedroom, 2‑bathroom condo with serene treetop views from a screened porch.; Chef‑inspired eat‑in kitchen with upgraded stainless steel appliances and granite countertops.; Mirasol at Celebration amenities include a 24‑hour fitness center, concierge services, resort‑style heated pool and spa, resident clubroom with billiards, and business center.
