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505 Rum Run, Davenport, Florida 33897

  • $265,000
505 RUM RUN, Davenport, FL 33897
Hold For Sale
505 Rum Run, Davenport, Florida 33897
505 RUM RUN, Davenport, FL 33897
  • $265,000

Overview

Property ID: HZO6284402
  • Condominium, Residential
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1269
  • Sqft
  • 2006
  • Year Built

Description

Perfect investor opportunity! FULLY FURNISHED 3 Bedroom, 2 Bathroom ground floor condo unit located within the beautiful, gated Bahama Bay Resort. Step inside to the spacious, open floorplan with beautiful plank flooring and crown moulding running throughout the home, and tile in the wet areas. The updated kitchen is equipped with stainless steel appliances, stone countertops, tile backsplash, 32” cabinets and a breakfast bar overlooking the family room. A dinette area is also conveniently located right off of the kitchen. A private, screened-in patio allows residents to enjoy outdoor views in a comfortable setting. Residents of Bahama Bay Resort have access to a variety of amenities, including a clubhouse, fitness center with sauna, multiple pools and spa, tennis and basketball courts, shuffleboard, and paved nature trails for outdoor activities. Also, an on-site restaurant and bar for convenient dining experiences, and a full-sized fishing dock on Lake Davenport for residents who enjoy fishing! Conveniently located near major Orlando theme park attractions, Disney World, shopping centers, and restaurants, offering residents easy access to a variety of entertainment and dining options. This condo presents an excellent opportunity for those seeking a vacation home or a short-term rental investment in a well-appointed community with a range of amenities. For Investors or Vacation Homeowners, this property has an 8.9% cap rate at the current price, a Cash-on-Cash Return of 10.82%, and has made over 121K in the past two years! Don’t wait – Schedule a showing today!

  • Address 505 RUM RUN
  • City Davenport
  • State/county FL
  • Zip/Postal Code 33897
  • Country US

Details

Updated on February 28, 2025 at 10:18 pm
  • Property ID: HZO6284402
  • Price: $265,000
  • Property Size: 1269 Sqft
  • Land Area: 0.01 Acres
  • Bedrooms: 3
  • Bathrooms: 2
  • Year Built: 2006
  • Property Type: Condominium, Residential
  • Property Status: Hold, For Sale

Additional details

  • Listing Terms: Cash, Conventional
  • Association Fee: 578.74
  • Roof: Shingle
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Luxury Vinyl, Tile
  • County: Polk
  • Property Type: Residential
  • Community Features: Clubhouse, Community Mailbox, Fitness Center, Gated Community - Guard, Park, Playground, Pool, Restaurant, Sidewalks, Tennis Courts

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