Furnished Short-Term Rental
New
For Sale
$745,000
3712 LANA Avenue, Davenport, FL 33897
Residential Income, Davenport, FL
Property Size4,036 SF
Lot Size0.14 Acres
Price / SF$184.59
Days on Market4
Property Features for 3712 LANA Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RL-1
Bedrooms
16
Full bathrooms
12
Half bathrooms
13
Rooms
Bedroom 5, Bedroom 7, Bedroom 8, Bedroom 6, Bathroom 4, Bedroom 11, Bathroom 20, Bedroom 12, Bathroom 8, Bathroom 10, Bathroom 3, Bathroom 12, Bathroom 17, Bathroom 25, Bathroom 19, Bedroom 13, Bathroom 6, Bathroom 18, Bedroom 2, Bathroom 7, Bathroom 9, Bathroom 15, Bathroom 24, Bedroom 1, Bathroom 2, Bathroom 23, Bedroom 10, Bathroom 21, Bedroom 14, Bedroom 16, Bathroom 5, Bathroom 1, Bathroom 11, Bedroom 4, Bathroom 14, Bedroom 3, Bedroom 9, Bathroom 22, Bedroom 15, Bathroom 16, Bathroom 13
Spa
1
Patio and Porch features
Patio
Pets allowed
Yes, Breed Restrictions
Pool private
1
Exterior features
Barbecue, Courtyard, Garden, Lighting, Storage, Tennis Court(s)
Subdivision
WINDSOR ISLAND RESORT PHASE 2B
Standard status
Active
APN
132526998015005630
Size
4,036 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
WINDSOR ISLAND RESORT PHASE 2B PB 190 PG 47-51 LOT 563
Tax Annual Amount
11618
HOA Fee
$712 Monthly
Legal Description
WINDSOR ISLAND RESORT PHASE 2B PB 190 PG 47-51 LOT 563
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
game room
private pool & spa
Building Details
Year built
2022
Floors in Building
2
Number of units
2
Flooring type
Tile
Building materials
CBS, Stucco
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
United Realty Group, Inc
(561) 235-2127
Listed By:
Veronica Robles · License #3148949
(561) 504-7861
Added: Sep 22
Changed: Sep 24
Last Checked: Sep 25 at 5:06AM
MLS# B26079882
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2022, this 4,036-square-foot short-term rental property offers 8 bedrooms and 6 bathrooms on a 0.14-acre lot in Windsor Island Resort. The home is furnished and includes a private pool, spa, game room, patio, courtyard, barbecue area, storage, and Disney-themed bedrooms. Tile flooring, central heating, and central air conditioning support the interior configuration, while CBS and stucco construction provide the exterior finish.
The property is located in Davenport, Florida, within the 33897 postal area. Public water and public sewer serve the residence, with cable available. Exterior features also include lighting, garden space, and tennis court access. The property carries RL-1 zoning and includes a shingle roof.
The property is located in Davenport, Florida, within the 33897 postal area. Public water and public sewer serve the residence, with cable available. Exterior features also include lighting, garden space, and tennis court access. The property carries RL-1 zoning and includes a shingle roof.
Key Highlights
- 4,036‑square‑foot furnished short‑term rental property
- 8 bedrooms and 6 bathrooms
- Private pool and spa with patio area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,229
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$764,580
$764.6K
Cap Rate 7%
$546,129
$546.1K
Cap Rate 9%
$424,767
$424.8K
Market Conditions
NOI Build-Up for 4,036 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$74.1K $18.36/SF
− Vacancy
−$4.6K −$1.14/SF
EGI
$69.5K $17.22/SF
− OpEx
−$31.3K −$7.75/SF
NOI
$38.2K $9.47/SF
Area
Polk County, FL
Vacancy
6.20%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$764,580
Cap Rate 7%
$546,129
Cap Rate 9%
$424,767
Alternative Uses
Best Use
Apartment 5plus
$546.1K
$477.9K – $637.2K
NOI $38,229 @ 7.0% cap · market cap 5.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$969.9K
$848.7K – $1.13M
NOI $67,892 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Explore this area
Business Placement
Demographics for 33897, FL
25,352
Population
13,291
Households
1.9
Avg Household Size
38
Median Age
28%
College-Educated
94%
High-School Grad
41.8 sq mi
ZIP Area
607
Density / Sq Mi
$73,457
Median Household Income
$36,154
Median Earnings
$1,880
Median Rent
$279,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Eight-bedroom vacation residence with a private pool, spa, game room, and themed guest accommodations.
Where is this short term rental property located?
The property is located at 3712 LANA Avenue Davenport, FL.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: 4,036‑square‑foot furnished short‑term rental property; 8 bedrooms and 6 bathrooms; Private pool and spa with patio area
