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For sale
  • $699,000

    5048 SHOREWAY LOOP #40404, ORLANDO, FL 32819

    3beds
    2,097sqft
    : 
    $5,510/mo
    Get pre-qualified
    Condominium
    Built in 2006
    -- sqft lot
    $667,400 Zestimate®
    $333/sqft
    $646/mo HOA

    What's special

    Top-floor corner residenceCompletely remodeled bathroomsFull laundry roomMultiple resort-style heated poolsGenerous storageWater softener systemHigh-quality tile flooring throughout
    UPGRADED PENTHOUSE CORNER LAKE-VIEW CONDO in Vista Cay Resort, offering an exceptional opportunity for Airbnb and VRBO investors, 1031 Exchange buyers, vacation-home buyers, second-home owners, or full-time residents in one of Orlando’s premier resort communities where short-term rentals are permitted. Owners have the flexibility to self-manage or choose their preferred property management company, providing greater control over rental strategy and operating expenses. Ideally positioned directly across from the main entrance to Universal’s Epic Universe and adjacent to the Orange County Convention Center, this beautifully FULLY REMODELED top-floor corner residence offers 3 bedrooms, 2 bathrooms, plus a versatile den/office/flex room, a spacious primary suite with a remodeled private en-suite bath, two additional bedrooms, a second full bath, full laundry room, and generous storage. The open-concept interior is filled with natural light and showcases HIGH-QUALITY TILE FLOORING THROUGHOUT, CROWN MOLDING, COMPLETELY REMODELED BATHROOMS, A GLASS-ENCLOSED WALK-IN SHOWER IN THE PRIMARY SUITE, UPGRADED HIGH-END KITCHEN APPLIANCES, WATER SOFTENER SYSTEM, CUSTOM LAUNDRY CABINETRY WITH LED LIGHTING, and a private balcony with beautiful lake views. Major improvements include a 2018 A/C SYSTEM, ALL A/C COPPER REFRIGERANT LINES REPLACED IN 2025, and a 2018 WATER HEATER, adding value and confidence in the home’s major systems. Vista Cay Resort is a gated destination community offering an impressive array of amenities, including multiple resort-style heated pools, hot tubs, children’s water features and splash pad, pool bars, game room, fitness center, clubhouse, concierge services, walking and jogging trails, beautifully maintained grounds, and convenient access to nearby shopping, restaurants, and entertainment. The location provides excellent connectivity to I-4, SR 528/Beachline Expressway, Orlando International Airport, International Drive, Universal Orlando Resort, SeaWorld, Walt Disney World, Downtown Orlando, shopping destinations, and Central Florida’s major attractions. With Orlando welcoming more than 77 million visitors in 2025, the continued draw of Epic Universe, and strong year-round convention activity, Vista Cay is strategically positioned within Orlando’s tourism and hospitality corridor. Adding to the area’s long-term 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 supporting demand for nearby accommodations. Whether you are expanding an existing Airbnb or VRBO portfolio, completing a 1031 Exchange, purchasing an Orlando vacation rental, or looking for a second home with rental flexibility, this penthouse corner lake-view condo offers a compelling combination of location, upgrades, resort amenities, rental flexibility, and investment potential. A detailed list of furniture and furnishings included in the sale is attached to the MLS documents, and the den image has been virtually enhanced using AI for marketing purposes. Schedule your private showing today.
    127 days
    70
    3

    Zillow last checked:

    Listing updated:

    Listed by:

    Gabriela Buche 815-790-6419,

    VISTA CAY REALTY COMPANY 407-996-4656

    Source: Stellar MLS,MLS#: O6421145MLS LogoOriginating 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: 213 days
      • Listing terms: Conventional
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $667,400

        $634,000 - $701,000

        $3,787/mo

        Price history

        DateEventPrice
        7/1/2026Listed for sale$699,000+99.7%$333/sqft
        Source: Stellar MLS #O6421145 Report a problem
        9/22/2017Sold$350,000-13%$167/sqft
        Source: Public Record Report a problem
        7/25/2006Sold$402,100$192/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 32819

        Getting around

        25 / 100
        Car-Dependent
        45 / 100
        Some Transit
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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