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Mona Lisa at Celebration Information

Floor Plans

Celebration Home Information

 Celebration Homes under $750,000
Celebration Homes Over $750,000
Celebration Condos Listings
Artison Park New Construction
Carlyle Residences Celebration
Mirasol at Celebration
Mona Lisa at Celebration

One and Two Bedroom Condos are available beginning at $324,000. 


Receive a 1% rebate on the unit price at time of closing by working with ReMax Marketplace! 


Orlando Condo-Hotels

Mona Lisa at Celebration
Lake Buena Vista
Resort Village
The Villas at
Champions Gate
Floridays Orlando Resort
Westin Imagine Orlando Residences

Monthly Condo and maintenance fees range from $330 to $550 per month and include common area property taxes, utilities, insurance and reserves for replacement.  These fees can be taken directly out of the monthly rental income for the unit.
 



Mona Lisa at Celebration
Condominium Hotel

 

Mona Lisa at Celebration is in the last months of its pre-construction sales for the 5-story, 240 unit luxury condominium hotel comprised of one-bedroom and two-bedroom fully-furnished and decorated suites that will open in May 2008.  Amenities will include a resort-style outdoor pool, landscaped grounds, and enclosed courtyard and rooftop observation deck.  Other amenities will include up to 5,000 square feet of reception and meeting space, high-speed internet access, and an upscale full-service restaurant.  In addition, the complex is located across from Celebration Health and near the Celebration Golf Club, offering owners and guests access and discounts for the  use of their world-class facilities.  Downtown Celebration, Florida will be accessible via the Celebration Trolley, neighborhood electric vehicle (NEV) rental, bike rental and a shuttle service.

Location

Mona Lisa at Celebration is located on 12.3 acres located in Celebration, Florida, an award winning master planned community developed by the Disney Company and adjacent to the Walt Disney World Resort. The site is located in Celebration Place, near the interchange of Interstate 4 and State Route 192. Click here for a map detailing the convenient location to the Walt Disney World Theme Parks.

Unit Summary

240 condominium hotel units include 80 one-bedroom units averaging 700 square feet and 160 two bedroom units averaging 1000 square feet.  All units will include balconies or patios and will be professionally decorated and fully furnished.  Each unit will include either king-sized beds or two full sized beds, couches with fold-away beds, dinettes, and color televisions in each living space.  Other features include high-speed internet connections, full kitchenettes, ceramic tile flooring, granite and cultured marble countertops, 9' ceilings and upgraded cabinets.  Alternative furniture packages will be available to unit owners for an additional cost.




Floor Plans

 

Da Vinci 2 B/R Exterior Corner Balcony Suite (View)

Da Vinci 2 B/R Exterior Suite (View)
Michelangelo 1 B/R Exterior Suite (View)
Monet 2 B/R Corner Balcony Suite (View)
Monet 2 B/R Interior Suite (View)


Condominium Hotels

Mona Lisa at Celebration is not for everyone.  If you are looking for a full time residence, Mona Lisa at Celebration is not an option.  Unit owners are limited to personal use of 179 days per year.  This restriction is based upon local hotel zoning, rather than simply imposed by the developer. 

However, if you travel to the Walt Disney World resort and are looking for a vacation home this may be the best option for you.  The hotel management company will rent your unit when you are not using it on a rotation basis at prevailing hotel rates.  Luxury hotels in the Disney area historically have a higher room rate and occupancy than other areas in Orlando and the national average.  Room rents are split with 60% of the rent to the unit owner, 35% to the management company and 5% to a reserve for maintenance and repair of the unit interiors.

 

Summary

Condominium Hotels are relatively new products.  Orlando has not had condominium hotels in the past, although a number are under construction or development at this time.  Some of the advantages of the Mona Lisa at Celebration are:

  • A vacation friendly location in an area that has higher occupancies and higher room rates than other areas of Orlando.  The location on the south end of the Walt Disney World Resort gives easy access to the Disney theme parks and the town of Celebration.

  • For vacation homes it provides the opportunity to generate income to offset any costs when you are not there.  Although there is no history at this time, the current luxury room rates and occupancies in the area suggest that the income may offset most costs.  Room rates at Mona Lisa at Celebration have not yet been determined.

  • Tax benefits that are not available in most timeshares.  Since you purchasing the unit, mortgage interest and property taxes are fully deductible.  Because you are renting the unit, your monthly fees should be fully deductible.  Please meet with your accountant to verify any tax deductions.
     

 

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619 Celebration Avenue

Celebration, FL 34747
 

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kim.hawk@celebration.fl.us