Updated Townhome Near
4803 TERRASONESTA DRIVE Davenport, FL 33837
4803 TERRASONESTA DRIVE, Davenport, FL, 33837
$359,990
For Sale
$359,990
Updated 4-bedroom, 3.5-bath townhome in Solterra Resort, near Disney.
Property Size2,106 SF
Lot Size0.06 Acres
Price / SF$170.94
Days on Market610
Property Features for 4803 TERRASONESTA DRIVE
General Information
- Standard status
- Active
- Size
- 2,106 SF
- Lot size
- 0.06 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2015
Listing Agency
LUV REALTY LLC
(407) 219-6172
Listed by
Lee Friedman · License #3501903
(407) 219-6172
Source
Exitrealty
Added: Nov 14, 2024 Checked: Jul 17 at 5:31 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 LUV REALTY LLC
Investment Insights
Based on property information with market context.
This updated townhome is located in Solterra Resort, minutes from Disney. The property features 4 bedrooms and 3.5 bathrooms. The residence offers an open-concept layout with oversized sliding glass doors that provide natural light to the living, dining, and kitchen areas. The kitchen is equipped with gas appliances. The home includes a screened-in pool and covered patio. The first floor features tiled flooring, while the second level has new laminate wood floors. The property has rental income potential and is move-in or rent-ready. Solterra Resort amenities include a lazy river, a resort-style pool, a clubhouse with a fitness center, and 24-hour security. The Homeowners Association provides landscaping, internet, cable, and valet trash services. The property size is 2106 square feet.
Key Highlights
- Located in Solterra Resort: Enjoy world‑class amenities including a lazy river, resort‑style pool, and clubhouse with a fitness center.
- 4‑Bedroom, 3.5‑Bath Townhome: A spacious layout suitable for families or rental guests.
- Private Screened‑In Pool and Covered Patio: Ideal for relaxation and outdoor entertaining.
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 | $38.7k | $18.36 |
| − Vacancy | −$2.4k | −$1.14 |
| EGI | $36.3k | $17.22 |
| − OpEx | −$16.3k | −$7.75 |
| NOI | $19.9k | $9.47 |
2,106 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$285.0K
$249.4K – $332.5K
NOI $19,948 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$506.1K
$442.8K – $590.4K
NOI $35,426 @ 7.0% cap · market cap 9.84%
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 - Updated 4-bedroom, 3.5-bath townhome in Solterra Resort, near Disney.
Where is this short term rental property located?
The property is located at 4803 TERRASONESTA DRIVE Davenport, FL.
What is the asking price?
The asking price for this property is $359,990.
What are key features of this property?
This property features: Located in Solterra Resort: Enjoy world‑class amenities including a lazy river, resort‑style pool, and clubhouse with a fitness center.; 4‑Bedroom, 3.5‑Bath Townhome: A spacious layout suitable for families or rental guests.; Private Screened‑In Pool and Covered Patio: Ideal for relaxation and outdoor entertaining.
