Championgate Vacation Home
1144 CHALLENGE DRIVE Davenport, FL 33896
1144 CHALLENGE DRIVE, Davenport, FL, 33896
$419,000
Pending
For Sale
$419,000
Pending
Fully furnished vacation home in Championgate, near Orlando theme parks.
Property Size1,914 SF
Lot Size0.06 Acres
Days on Market617
Property Features for 1144 CHALLENGE DRIVE
General Information
- Standard status
- Pending
- Size
- 1,914 SF
- Lot size
- 0.06 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2021
Listing Agency
ARION REALTY
(954) 415-8215
Listed by
Shiqing Lin · License #3419246
(954) 415-8215
Source
Exitrealty
Added: Nov 8, 2024 Checked: Jul 17 at 3:17 am
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 ARION REALTY
Investment Insights
Based on property information with market context.
This fully furnished vacation home is located in the Championgate community. The property features 4 bedrooms and 3 full bathrooms. It includes a private pool with a porch, suitable for grilling, dining, and entertaining. The modern gourmet kitchen is equipped with a large island topped with quartz counters. The home benefits from ample windows and natural light. The property is located minutes from Orlando theme parks. Championgate is known for its two championship golf courses. Residents can enjoy the Oasis Club, which offers a resort-style pool, lazy river, water park, and fitness center. This property is suitable as a vacation home or as an investment opportunity to generate income.
Key Highlights
- Fully furnished vacation home in Championgate, a top short‑term rental community.
- Strong investment potential with high rate of returns.
- Access to the Oasis Club amenities including resort‑style pool, lazy river, and water park.
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 | $35.1k | $18.36 |
| − Vacancy | −$2.2k | −$1.14 |
| EGI | $33.0k | $17.22 |
| − OpEx | −$14.8k | −$7.75 |
| NOI | $18.1k | $9.47 |
1,914 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$259.0K
$226.6K – $302.2K
NOI $18,129 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$460.0K
$402.5K – $536.6K
NOI $32,197 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
What type of property is this?
Short term rental property - Fully furnished vacation home in Championgate, near Orlando theme parks.
Where is this short term rental property located?
The property is located at 1144 CHALLENGE DRIVE Davenport, FL.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Fully furnished vacation home in Championgate, a top short‑term rental community.; Strong investment potential with high rate of returns.; Access to the Oasis Club amenities including resort‑style pool, lazy river, and water park.
