Furnished Short-Term Rental
New
For Sale
$174,999
105 RUM RUN, Davenport, FL 33897
The ground-floor residence is set up for vacation rentals and comes with access to Bahama Bay Resort amenities.
Property Size1,227 SF
Price / SF$142.62
Days on Market5
Property Features for 105 RUM RUN
General Information
Standard status
Active
Size
1,227 SF
Property subtype
Condo - Hotel
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Additional Details
Furnished
Yes
Gross Income
$14,500
Amenities
heated community pools
hot tubs
splash pad
fitness center
tennis and basketball courts
walking trails
lakeside beach with a pier
0.01 acres
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 26-25-12-999967-371050, Public Survey Range: 26, Public Survey Section: 12, Annual Amount: $2,676.2, Tax Block: 371, Tax Book Number: 17-11, Legal Description: BAHAMA BAY, A CONDOMINIUM CONDO BK 17 PGS 11 THRU 15 & OR 6358 PGS 1480 THRU 1496 PHASE 37 UNIT 37105 & AN UNDIVIDED INTEREST IN THE COMMON ELEMENTS AS PER CONDO DECLARATION, Lot: 050, Year: 2025, Zoning: RESI
Carpet, Tile
Central Air
Central, Electric
Laundry Closet
Listing ID: MFRS5159054, Standard Status: Active, MLS Status: Active, Property Subtype: Condo - Hotel, On market as of 2026-10-07, Special Conditions: None
Open
3 total bedrooms
Built in 2005, Living area: 1227, Living area units: Square Feet, Building faces West, 3 stories, Levels: One
Subdivision: BAHAMA BAY RESORT, MLS Area (Major): 33897 - Davenport, County/Parish: Polk
2 total bathrooms, 2 full bathrooms
Fitness Center, Gated Community - Guard, Playground, Pool, Restaurant, Sidewalks, Tennis Court(s)
BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Water Available, Water Source: Public
Slab
Allowed: Number Limit, Size Limit, Yes
Road Surface: Paved
Sidewalk
Ceiling Fans(s)
Gated Community
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Association Fee: $596.12, Fee Frequency: Monthly, Fee Includes: Guard - 24 Hour, Cable TV, Internet, Maintenance Grounds, Recreational Facilities, Sewer, Trash, Water
Building Details
Year Built
2005
Listing Agency:
TEAM DONOVAN
(407) 705-2616
Listed By:
James Donovan · License #3110116
(407) 705-2128
Source:
Miharaandassociates
Added: Oct 7
Changed: Oct 11
Last Checked: Oct 11 at 8:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TEAM DONOVAN
Investment Insights
Based on property information with market context.
This furnished, ground-floor condo in Bahama Bay Resort has 3 bedrooms, 2 bathrooms and 1,227 square feet. A private patio extends the living space outdoors. The unit is zoned for short-term rentals and has an active Airbnb presence with professional management. Updates include furniture and decor installed in 2023, new kitchen appliances, dryer service in 2025, an AC transformer replaced in July 2026 and an HOA roof replacement in February 2026. The sale includes the furnishings, excluding the owner's closet.
Resort amenities include multiple heated pools, hot tubs, a splash pad, fitness center, tennis and basketball courts, walking trails, and a beach with a pier on the lake. Walt Disney World, Universal, dining and shopping are described as minutes away. The property recorded 165 booked nights in 2025 and has a confirmed Q1 2027 booking.
Resort amenities include multiple heated pools, hot tubs, a splash pad, fitness center, tennis and basketball courts, walking trails, and a beach with a pier on the lake. Walt Disney World, Universal, dining and shopping are described as minutes away. The property recorded 165 booked nights in 2025 and has a confirmed Q1 2027 booking.
Key Highlights
- 3 bedrooms, 2 bathrooms and 1,227 square feet
- Ground‑floor condo with private patio
- Zoned for short‑term rentals; professional management and active Airbnb presence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,622
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,440
$232.4K
Cap Rate 7%
$166,029
$166.0K
Cap Rate 9%
$129,133
$129.1K
Market Conditions
NOI Build-Up for 1,227 SF
Gross rent
$22.5K $18.36/SF
− Vacancy
−$1.4K −$1.14/SF
EGI
$21.1K $17.22/SF
− OpEx
−$9.5K −$7.75/SF
NOI
$11.6K $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 Rate 5%
$232,440
Cap Rate 7%
$166,029
Cap Rate 9%
$129,133
Alternative Uses
Best Use
Apartment 5plus
$166.0K
$145.3K – $193.7K
NOI $11,622 @ 7.0% cap · market cap 6.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$294.9K
$258.0K – $344.0K
NOI $20,640 @ 7.0% cap · market cap 11.79%
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
160
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Short term rental property - The ground-floor residence is set up for vacation rentals and comes with access to Bahama Bay Resort amenities.
Where is this short term rental property located?
The property is located at 105 RUM RUN Davenport, FL.
What is the asking price?
The asking price for this property is $174,999.
What are key features of this property?
This property features: 3 bedrooms, 2 bathrooms and 1,227 square feet; Ground‑floor condo with private patio; Zoned for short‑term rentals; professional management and active Airbnb presence
