505 Rum Run # 505, Davenport, FL 33897
$265,000
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Home 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!
- MLS #: O6284402
- Address: 505 Rum Run # 505
- Unit Num: 505
- Levels: One
- City: Davenport
- Zip: 33897
- County: Polk
- Subdivision: Bahama Bay
- Community Features: Clubhouse,Community Mailbox,Fitness Center,Gated Community - Guard,Park,Playground,Pool,Restaurant,Sidewalks,Tennis Courts
- Interior Features: Ceiling Fans(s),Living Room/Dining Room Combo,Open Floorplan,Stone Counters,Walk-In Closet(s),Window Treatments
- Appliances: Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer
- Fireplace Desc: Electric
- Floor Covering: Luxury Vinyl,Tile
- Primary Bathroom Features: Tub With Shower
- Exterior Features: Balcony,Sidewalk,Sliding Doors
- Exterior Contruction: Block,Concrete,HardiPlank Type
- Foundation: Slab
- Front Exposure: East
- Roof: Shingle
- Building Sqft: 1269
Available now at $265,000
Approximate Room Sizes / Descriptions
| Primary Bathroom | 5x10 | First | |
| Bathroom 2 | 7x9 | First | Tile |
| Living Room | 13x17 | First | Luxury Vinyl |
| Kitchen | 8x12 | First | Tile |
| Dining Room | 4x8 | First | Luxury Vinyl |
| Primary Bedroom | 12x13 | First | Luxury Vinyl |
| Bedroom 2 | 11x11 | First | Luxury Vinyl |
| Bedroom 3 | 11x13 | First | Luxury Vinyl |
- Garage: False
- Garage Spaces: 0
- Carport: False
- Carport Spaces: 0
- Air Conditioning: Central Air
- Heating: Central
- Utilities: BB/HS Internet Available,Cable Connected,Electricity Connected,Sewer Connected,Water Connected
- Lot Sqft: 377.00
- Lot Acres: 0.0100
- HOA Fees: $579 Monthly
- HOA Monthly Amount: $579
- HOA/Community Assoc: Required
- Senior Community: False
- Style: Condominium
- Monthly Maintenance: $0
- Maintenance Includes: Cable TV,Guard - 24 Hour,Internet,Maintenance Grounds,Maintenance Structure,Pest Control,Pool,Recreational Facilities,Trash,Water
- Building Num Floors: 3
- Building Name Number: 33
- Condo Floor Number: 1
- Pets Allowed: Breed Restrictions,Yes
- Pet Restrictions: Buyer must independently verify pet restrictions per government and/or HOA regulations. Owners are allowed 2 registered pets under 25 lbs. Guests are not allowed pets.
- Pet Size: Small (16-35 Lbs.)
- Num Pets: 2
- Max Pet Weight: 24
- : 407-977-7600
Neighborhood
The average asking price of a 3 bedroom Davenport condo in this zip code is
$263,166 (0.7% less than this home).
This condo is priced at $216/sqft,
which is 12.2% less than similar condos
in the 33897 zip code.
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Financial
- Approx Payment:$1,343*
- Taxes:$2,758
Area Stats
These statistics are updated daily from the My Florida Regional MLS. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(407) 485-1814 and speak with one of our real estate consultants.
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Listing Courtesy of KELLER WILLIAMS ADVANTAGE REALTY.
For information or to schedule a viewing of this property (MLS# O6284402), call: 407-485-1814
505 Rum Run # 505, Davenport FL is a condo of 1227 sqft and
is currently priced at $265,000
.
This condo has 3 bedrooms.
A comparable condo for sale at 911 New Providence # 911 in Davenport is listed at $220,000.
In addition to condos, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
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Lakeside At Bass Lake, Bimini Bay and Wellington are nearby neighborhoods.
MLS O6284402 has been posted on this site since 2/26/2025 (today).