For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Updated Townhome Near Disney Title is generated by Realmo AI

    4803 TERRASONESTA DRIVE, Davenport, FL 33837

    View on Map
    Claim this Listing
    For Sale
    $359,990

    Updated 4-bedroom, 3.5-bath townhome in Solterra Resort, near Disney.

    Type:Condo/Townhome
    Property size:
    2,106 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $170/SF
    Added:
    Nov 15, 2024
    Days on Market:
    560
    Last Refresh:
    May 20 at 1:31 am

    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

    We can help!

    Listing Contact
    Lee Friedman

    Listing agent Lee Friedman License #3501903

    Listing office LUV REALTY LLC

    Listing date Nov 15, 2024

    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 LUV REALTY LLC

    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.
    • Updated Interior: Features tiled flooring on the main floor and brand‑new laminate wood floors on the second level.
    • Rental Income Potential: With proven rental history and move‑in/rent‑ready condition.
    • HOA Amenities: Includes landscaping, internet, cable, and valet trash service for hassle‑free living.

    Overview

    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.

    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 (±1% cap)
    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 (±1% cap)
    NOI $35,426 @ 7.0% cap · market cap 9.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Nail Salon Gym & Fitness Center Auto Repair Shop Pharmacy Accounting Firm Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Polk
    State
    Florida
    Longitude
    -81.6689
    Latitude
    28.2418

    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.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message