Condominium at 5048 SHOREWAY LOOP #40304, ORLANDO
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$619,000

5048 SHOREWAY LOOP #40304
ORLANDO, FL 32819
Listed by Drew Frahm · VISTA CAY REALTY COMPANY
Bedrooms
3
Bathrooms
2
Living area
2,097 sqft
Year built
2006

About this home

4th FLOOR condo FULLY FURNISHED, SHORT-TERM RENTAL APPROVED and ideally positioned in the heart of Orlando’s tourism and convention district in Vista Cay Resort. This spacious 3-bedroom, 2-bath condominium offers an impressive 2,097 square feet, providing substantially more living space than many traditional vacation rental condos. Important recent updates include A/C REPLACED IN 2022, WATER HEATER REPLACED IN 2021 and NEW REFRIGERATOR IN 2026, providing valuable upgrades for the next owner. Whether used as an AIRBNB, VRBO, vacation rental, second home, long-term rental or full-time residence, Vista Cay offers outstanding ownership flexibility with NO REQUIRED PROPERTY MANAGEMENT COMPANY, allowing owners to choose how their property is managed and rented. The residence features an expansive open floor plan, laminate and ceramic tile flooring, a spacious kitchen with granite countertops, solid wood cabinetry and pantry, generous living and dining areas, and a private balcony. The primary suite includes an en-suite bath with dual sinks, soaking tub and separate shower, while two additional bedrooms provide comfortable accommodations for guests. Offered FULLY FURNISHED, the property provides an excellent foundation for an investor seeking a furnished Orlando vacation rental. Vista Cay Resort is one of Orlando’s established SHORT-TERM RENTAL communities and enjoys an exceptional location directly across from Universal EPIC Universe and adjacent to the Orange County Convention Center, providing access to both leisure and convention-driven visitors. The resort is minutes from Universal Orlando Resort, SeaWorld, International Drive, ICON Park, restaurants, shopping and entertainment, with convenient access to Walt Disney World and Orlando International Airport. Vista Cay’s extensive amenities include multiple resort-style pools, hot tubs, pool bars, clubhouse, updated fitness center, basketball court, playground, game room, movie room, business center, approximately two-mile lakefront walking/jogging trail, BBQ areas and EV charging. The gated resort also offers elevator-served condominium buildings, and association fees include cable TV, internet, water, trash, exterior and grounds maintenance and community pool maintenance. SHORT-TERM RENTALS INCLUDING AIRBNB AND VRBO ARE PERMITTED, along with long-term rental and personal occupancy, and owners are not restricted to a designated property management company. With its 2,097-square-foot floor plan, furnished condition, recent A/C, water heater and refrigerator updates, resort amenities and prime location near Epic Universe and the Orange County Convention Center, this Vista Cay condo offers an attractive opportunity for investors looking to expand an Orlando Airbnb/VRBO portfolio or buyers seeking a vacation home with flexible rental options.

Property details

MLS #
MFRO6442861
Property type
Condominium
Subdivision
VISTA CAY/HARBOR SQUARE PH 4
Status
Active
Days on market
1
On market date
September 17, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.05 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
TANGELO PARK ELEMENTARY
2.04 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
481
Student:teacher ratio
16.6:1
District
ORANGE
Middle
FREEDOM MIDDLE
2.29 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,099
Student:teacher ratio
18.6:1
District
ORANGE
High
FREEDOM HIGH
2.56 mi away · Grades 8-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,915
Student:teacher ratio
22.1:1
District
ORANGE

Walkability

Blended score for ORLANDO's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

69
Walkable
out of 100
EPA National Walkability Index
13.7 / 20 -- Above average walkable
Google Places amenity density
70 / 100
Restaurants & cafes20
Grocery stores2
Parks0
Schools2
Transit stops15
Pharmacies2

Market position

How this listing compares to current activity in ORLANDO, from live MLS data.

On the market 1 days -- 105 fewer days than ORLANDO's current average of 106 days.
For reference, the median list price across 7,606 active listings in ORLANDO right now is $250,000.

Mortgage calculator

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Est. monthly payment
$3,878/mo
$123,800 down
$495,200 loan
Principal & interest$3,212
Property tax (est.)$516
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 21 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.