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Bella Piazza
Introduction:
It is located right behind the Publix Shopping Center (Berry Town Center). Location Map: Link. It is a shopping plaza that is always packed with traffics from Applebees, Regions Bank and SunTrust Bank and Big/New Gas Station in the front and Doctor's office in the back. It is located 5-6 miles (2 mile on why 27 and 3-4 miles on Hwy 192 and then 429) South of Disney West Main Gate (Animal Lodge and Animal Kingdom).
It is composed of 10 buildings and 185 units. They have sold between 30 and 40 of them and there are about 8 left as of today. They are of good locations which they usually release at the later phase to make the sale easier. CALL NOW SO I CAN EMAIL YOU THE AVAILABILITY FOR YOU TO CHOOSE.
Pricing:
Capri: 1098sqf, 2br/2ba $115,000 Original price: $290,950 then $217,000
Roma: 1323sqf, 3br/3ba $121,000
Original price: $307,950 then $232,000
Florence: 1391sqf, 3br/3ba $130,000
Original price: $311,950 then $241,000
Palermo: 1539sqf, 4br/3ba $150,000
Original price: $344,950 then $262,000
Floor Plans and Gallery:
Link
Included Features:
Community
· Mediterranean Accented Architecture with Tile Roof
· Elevators in All Buildings
· Spacious Club House
· Game Room
· Business Center
· Three Resort-style Pools (2+1)
· Spa
· Children's Water Playground at Main Pool/Clubhouse
· Short Walk to Dining, Grocery and Shopping
· Fitness Center
· Outdoor Kitchen/BBQ Grills
· Lush Tropical Landscaping
Kitchen
· Granite Countertops
· Porcelain Tile Backsplash
· Wood Grain Cabinets
· Black on Black Appliances
· Side-by-Side Refrigerator, Microwave, Dishwasher, Stove/Oven
· Raised Breakfast Bar
· Stainless Steel Sink (double bowl)
· Pantry
· 16" Porcelain Tile
· Full-size Stackable Washer/Dryer
 Residence
· 16" Porcelain Tile throughout Entry, Kitchen, Dining, Living and Baths
· Textured Interior Walls and Ceilings
· Rounded Sheetrock Corners
· Private Patio/Balconies
· Interior Lockable Owner's Closet
· Walk-in Closets
· Linen Closets
· Built-in Shelves (in Dining area)
· Pass-through Views
· Fully Furnished -Two Designer Packages to Choose From
· Crown Molding (in Kitchen, Living and Dining)
 Bath
· Granite Vanity Countertops in all Baths
· Wood Grain Cabinets
· 16" Porcelain Tile
· Garden Tub in Master Bath
· Separate Shower in Master Bath
· Double Vanity in Master Bath
Rental Analysis:
1. Short-Term Rental
Resort community will be rented for
Low Season $99/nt 10 out of 52 weeks
Mid Season $109/nt 15 out of 52 weeks
High Season $119/nt 22 out of 52 weeks
Peak Season $139/nt 5 out of 52 weeks
Occupancy rate will be around 50%-60% without owner participation. 60%-70% with owner participation.
Gross Rental Income: $115 (avg rate) *60% * 30days*20% commission=$1656/Month (Assuming owner will not participate bring in bookings. Otherwise you will save the 20% commission).
Expenses (Monthly):
HOA: $370/month (Capri $295 Roma $363 Florence $386 Palermo $425) including water, 100 channel cable, telephone, Homeowner insurance, clubhouse facilities.
Property tax: $175/Month
Management Fee: $89
Mortgage (80% financing, 5% rate Int Only): $400
Cleaning Fee: $130/month
Electricity: $125
Total Expenses: $1289
Net Income: $1656-$1289=$367
2. Long-Term-Rental
3Br model as an example:
Monthly rental after 10% management fee: $1125
Expenses:
HOA: $370
Property Tax: $175
Mortgage: $400
Total expenses: $875
Net Income: $1125-$875=$250
Availability:
Please call for most updated inventory list ...
There are units that are unfurnished. You will get $8000 credit. Since it costs about $15k-$18k, you should need the one with furniture and you can pack the furniture into mortgages.
As their preferred broker, we have larger inventory and more influence in changing units from the un-discounted price inventory to the discounted price inventory.
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