$690,000
●
House -
Off Market
601 Drop Shot DRIVE
DAVENPORT, FL 34747
5 Beds
5 Baths
3,081 Ft²
$722,370
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
Luxurious two-story single-family home FULLY FURNISHED is the
perfect vacation get away for you and your family. There are five
bedrooms and five bathrooms. The owner bedroom, located on the
second floor, has a private bathroom with a tub, separate shower,
and his and her sinks. Additional rooms include a family room,
recreation room, media room. Enjoy the resort style pool,
spa, basketball, fitness center, on site concierge, and much more.
CHAMPIONS GATE RESORT ORLANDO OASIS CLUB CLUBHOUSE AND WATER-PARK:
Amenities will include: Lazy River, Water-slides, Swim-Up Bar,
Water Falls, Beach Entry, Spa, Splash Pad, Grill, Bar, Fitness
Area, Theatre, Games Room, Tiki Bar and Cabanas. All of these
amenities, plus seven tennis courts are INCLUDED in HOA. This comes
future bookings may transfer. Eight video cameras outside the
house are included. IT'S A VACATION HOME , IT'S BEING RENTED
ALMOST ALL THE TIME, please text me for access.
Unit Size
3,081 Ft²
Days on Market
231 days
Land Size
0.14 acres
Price per sqft
$230
Property Type
House
Property Taxes
$601
HOA Dues
$440
Year Built
2020
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Stellar MLS #O6052359)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2025 | Listed | $700,000 | |
| Listed | |||
| | |||
|
This fully furnished 5-bedroom, 5-bathroom property in Champions Gate Resort is a prime investment opportunity. Perfectly designed as a short-term vacation rental, it’s located in one of Orlando’s premier resort communities, offering endless amenities and exceptional guest appeal. The home features a spacious owner’s suite with a private bathroom, a family room, recreation room, and media room. Guests will love access to the Oasis Clubhouse and Water Park, which boasts a resort-style pool, lazy river, water slides, tiki bar, fitness center, and more—all included in the HOA. With year-round bookings and future reservations available to transfer, this property is ready to generate income immediately. Don't miss this incredible opportunity!
| |||
| Apr 14, 2023 | Sold | ||
| Sold | |||
| Jan 22, 2023 | No longer available | - | |
| No longer available | |||
| Jan 11, 2023 | Price Increased |
$710,000
↑ $10K
(1.4%) | |
| Price Increased | |||
| Aug 17, 2022 | Price Decreased |
$700,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
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Property Highlights
Parking Available
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Citrus Ridge
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Listed by: Cristina Lopez
OPTIMAR INTERNATIONAL REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6052359
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
OPTIMAR INTERNATIONAL REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6052359
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