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Key Details
Sold Price $249,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,227 sqft
Price per Sqft $202
Subdivision Bahama Bay A Condo
MLS Listing ID G5060284
Sold Date 10/17/22
Bedrooms 3
Full Baths 2
Construction Status Appraisal,Financing,Inspections
HOA Fees $534/mo
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 2005
Annual Tax Amount $1,364
Lot Size 435 Sqft
Acres 0.01
Property Description
Are you ready to own your very own slice of Paradise?!
This Condo has 3 bedrooms 2 bathrooms Fully Furnished with No Rear Neighbors and Lake View. It is located in the Beautiful Bahama Bay Resort & Spa community in Davenport, Florida. This Abacos Model features over 1,200 SqFt. of living space with a fully equipped kitchen including all small & large appliances! This is the perfect investment opportunity for anyone looking to purchase their very own Airbnb! This unit has continuously maintained 100% occupancy rate throughout the years! Normally the average ROI on an investment property is 4-5% yearly!! THIS UNIT'S CAP Rate for a Cash Purchase is an average of 9.7% ROI & 19% ROI for a Finance Purchase!! Along with this investment the Resort is one of the best maintained properties in the area with lush grounds and mature landscaping. The community offers 4 resort style pools, a kiddie splash pad, tennis & basketball courts, shuffle board, play ground, and the Tradewinds Restaurant that is located next to the beach area overlooking the large fishing pier on Lake Davenport. Aside from all the fabulous amenities, Bahama Bay Resort & Spa is located minutes away from Disney, Local Tourist Attractions, Restaurants, & Shopping Centers!! Please note this is a short term rental community & owner's may reside there up to 175 days within a twelve month calendar period! Please call us if you'd like an Investment Earnings Portfolio!!!!
Location
State FL
County Polk
Community Bahama Bay A Condo
Interior
Interior Features Ceiling Fans(s), High Ceilings, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Other, Range, Refrigerator
Laundry Inside
Exterior
Exterior Feature Outdoor Grill, Private Mailbox, Sidewalk
Garage Guest, Open
Pool Other
Community Features Community Mailbox, Deed Restrictions, Fishing, Fitness Center, Park, Playground, Pool, Sidewalks, Tennis Courts, Water Access, Waterfront
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Public
Amenities Available Clubhouse, Dock, Fitness Center, Gated, Laundry, Park, Playground, Pool, Security, Shuffleboard Court, Tennis Court(s)
Waterfront false
View Y/N 1
Water Access 1
Water Access Desc Lake,Pond
View Water
Roof Type Shingle
Porch Covered, Patio, Rear Porch, Screened
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Pets Allowed Yes
HOA Fee Include Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Internet, Maintenance Structure, Maintenance Grounds, Pool, Recreational Facilities, Trash, Water
Senior Community No
Ownership Fee Simple
Monthly Total Fees $534
Acceptable Financing Cash, Conventional, Other
Membership Fee Required Required
Listing Terms Cash, Conventional, Other
Num of Pet 2
Special Listing Condition None
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Bought with LMI GROUP & ASSOCIATES INC
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