Here’s a fantastic opportunity to own a three-bedroom and three-bathroom buy-and-hold property in the highly desirable Davenport area, just minutes away from major attractions. This resort-style community is perfect for both short and long-term rental options. With short-term rental rates ranging from $150 per night during the low season to $219+ per night during the peak season, this option has the potential to double your income with a sixty-five percent occupancy rate. Long-term rental rates also remain strong, ranging between $1,300 – $1,500 per month.
The townhome is in turnkey condition and requires only minimal cosmetic updates to get up and running right away. Additionally, a brand-new HVAC system was installed in November 2022. With HOA dues covering basic exterior maintenance, this is a hassle-free investment opportunity. Based on neighboring comparables, we estimate the after-repair value of this property to be $350,000, making it an attractive investment for both seasoned investors and first-time buyers alike. Don’t miss out on this hot gem! Contact us today for more information.