115 ORCHID DRIVE, Davenport, FL 33897
Spacious, renovated 4-bed, 3-bath townhouse with resort amenities.
- Added:
- Mar 24, 2026
- Days on Market:
- 78
- Last Refresh:
- Apr 5 at 11:50 pm
Property Features for 115 ORCHID DRIVE
General Information
- Standard status
- Active
- Size
- 1,748 SF
- Lot size
- 0.02 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2002
Listing agent Taufiq Ul Islam License #3415676
Listing office BEST ORLANDO LIVING REALTY (407) 963-6692
Listing date Mar 24, 2026
Source Exitrealty
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 BEST ORLANDO LIVING REALTY
HighLights
- Newly renovated 4 bed, 3 bath townhouse
- Located in a secured, gated community within Island Club Resort
- Resort‑style amenities including private gym, swimming pool, basketball court, volleyball, kids play area, and tennis court
- Upgraded kitchen, appliances, and new flooring
- Centrally located in Davenport with Publix, pharmacy, food court, bar, pub, and gas station within 2‑3 minutes driving distance
- Potential for high rental revenue
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.1k | $18.36 |
| − Vacancy | −$2.0k | −$1.14 |
| EGI | $30.1k | $17.22 |
| − OpEx | −$13.5k | −$7.75 |
| NOI | $16.6k | $9.47 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Polk
- State
- Florida
- Longitude
- -81.6804492
- Latitude
- 28.3111497
