Exceptional investment opportunity to own a FULLY REMODELED, modern PENTHOUSE CORNER LAKE-VIEW CONDO in the premier Vista Cay Resort. Being in one of Orlando's few short-term rental zoned communities (only a few communities in Orange County are zoned for short term rentals), makes it ideal for Airbnb, VRBO, vacation rental investors, second-home buyers, or full-time residents – really with no restrictions. Owners have the flexibility to self-manage or choose their preferred property management company. Ideally located directly across from the main entrance to Epic Universe and adjacent to the Orange County Convention Center. This spacious owner occupied condo offers a spacious primary suite features a private remodeled en-suite bath; two additional bedrooms, second bathroom, a full laundry room, the den/office, perfect for remote work or additional guest space. The open floor plan showcases newer high quality tile flooring and crown molding throughout, beautifully remodeled bathrooms, including a glass-enclosed walk-in shower in the primary suite, top-of-the-line upgraded kitchen appliances, water softener system, custom laundry room cabinets with LED lighting, abundant natural light, and a private balcony overlooking the lake. Major capital improvements include a 2018 AC system, all new AC copper refrigerant (Freon) lines replaced in 2025, and a 2018 water heater, providing added value and peace of mind. and ample storage complete this exceptional home. Vista Cay Resort features outstanding amenities, including multiple resort-style heated pools, children's water features and splash pad, hot tubs, pool bars, game room, fitness center, clubhouse, concierge services, walking trails, and beautifully maintained grounds. Conveniently located just minutes from I-4 via SR 528 (Beachline Expressway), the property provides quick access to Downtown Orlando, Orlando International Airport, Walt Disney World, Universal Orlando Resort, SeaWorld, shopping malls, International Drive, and all of Central Florida's major attractions. With more than 77 million visitors to Orlando in 2025, the opening of Epic Universe, and year-round convention traffic, this property is ideally positioned to benefit from one of Central Florida's strongest vacation rental markets. Adding to its investment appeal, the Orange County Convention Center is undergoing a $560 million expansion that will add approximately 44,000 square feet of meeting space, further increasing demand for nearby accommodation. Whether you're looking to expand your Airbnb portfolio, purchase a vacation home with rental income potential, or invest in one of Orlando's fastest-growing tourism corridors, this property offers outstanding value and long-term potential. A detailed list of furniture and furnishings included in the sale is attached to the MLS documents. One room image, the den, has been virtually enhanced using AI for marketing purposes.
For sale
$699,000
5048 SHOREWAY LOOP #40404, ORLANDO, FL 32819
3beds
2,097sqft
Condominium
Built in 2006
-- sqft lot
$661,800 Zestimate®
$333/sqft
$646/mo HOA
What's special
Beautifully remodeled bathroomsTwo additional bedroomsSecond bathroomAbundant natural lightPrivate remodeled en-suite bathOpen floor planFull laundry room
- 64 days
- 87
- 2
Zillow last checked:
Listing updated:
Listed by:
Gabriela Buche 815-790-6419,
VISTA CAY REALTY COMPANY 407-996-4656
Source: Stellar MLS,MLS#: O6421145
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Bedroom 3
- Features: Built-in Closet
- Level: First
Primary bathroom
- Level: First
Bathroom 2
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central, Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Crown Molding, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
- Flooring: Ceramic Tile
- Has fireplace: No
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 2,097
- Total interior livable area: 2,097 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony
- Pool features: In Ground, Tile
- Has spa: Yes
- Spa features: In Ground
- Has view: Yes
- View description: Water, Lake
- Has water view: Yes
- Water view: Water,Lake
- Body of water: LAKE CAY
Lot
- Size: 2,376 Square Feet
- Residential vegetation: Trees/Landscaped
Details
- Parcel number: 062429888740404
- Zoning: P-D
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Mediterranean
- Property subtype: Condominium
Materials
- Block
- Foundation: Slab
- Roof: Tile
Condition
- Completed
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Gated Community - No Guard, Irrigation-Reclaimed Water, Playground, Pool
- Security: Fire Alarm, Fire Sprinkler System, Gated Community
- Pet fee: $0 monthly
- Subdivision: VISTA CAY/HARBOR SQUARE PH 4
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Clubhouse, Elevator(s), Fitness Center, Gated, Playground, Pool
- Services included: Cable TV, Community Pool, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Trash, Water
- HOA fee: $646 monthly
- HOA name: Optimum Community Management
- HOA phone: 407-313-4460
Location
- Region: Orlando
Financial & listing details
- Price per square foot: $333/sqft
- Tax assessed value: $429,900
- Annual tax amount: $7,506
- Date on market: 7/1/2026
- Cumulative days on market: 110 days
- Listing terms: Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$661,800
$629,000 - $695,000
$3,860/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for sale | $699,000+99.7%$333/sqft |
Source: | ||
| 9/22/2017 | Sold | $350,000-13%$167/sqft |
Source: Public Record Report a problem | ||
| 7/25/2006 | Sold | $402,100$192/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,456 +17.5% | $379,601 +10% |
| 2023 | $5,493 +10.9% | $345,092 +10% |
| 2022 | $4,951 +9.5% | $313,720 +10% |
| 2021 | $4,521 -0.8% | $285,200 |
| 2020 | $4,558 -1.6% | $285,200 |
| 2019 | $4,633 +1.8% | $285,200 +3% |
| 2018 | $4,553 | $276,800 +11.9% |
| 2017 | $4,553 +21% | $247,400 -1.2% |
| 2016 | $3,764 +1.7% | $250,500 -0.4% |
| 2015 | $3,702 +11.6% | $251,600 +14.3% |
| 2014 | $3,317 +12.9% | $220,200 +14% |
| 2013 | $2,938 +27.5% | $193,171 +48.9% |
| 2012 | $2,305 -59.3% | $129,745 -61.9% |
| 2008 | $5,660 +0% | $340,300 -0.2% |
| 2007 | $5,659 +404.1% | $340,865 +451.8% |
| 2006 | $1,123 | $61,775 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32819
Nearby schools
Schools provided by the listing agent
- Elementary: Tangelo Park Elem
- Middle: Westridge Middle
- High: Freedom High School
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







