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Spacious Pool Home in Solterra

1758 Oak Blossom Dr, Davenport, FL 33837

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For Sale

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6,542 sq ft pool home with high-yield rental potential.

Type:Hospitality

Property size:

6,542 SF

Price / SF:

$175/SF

HighLights

Major price improvement on a spacious 6,542 sq ft, 13‑bedroom pool home, ideal for a 1030 Exchange.
High‑yield rental potential due to extensive amenities and location in Solterra Community near Champions Gate.
Fully furnished with exceptional entertainment features including a movie theater, gym, Pac‑Man game room, and Disney‑themed bedrooms.
Resort‑style screened pool area with outdoor kitchen.
Gourmet kitchen and spacious dining area (seats 16), plus two laundry rooms for guest convenience.
Access to Solterra Resort amenities: clubhouse, water park, lazy river, water slides, tennis and basketball courts, and hiking trails.

We can help!

Contact an agent

Miriam Kelly

For Sale

Contact for pricing

6,542 sq ft pool home with high-yield rental potential.

Type:Hospitality

Property size:

6,542 SF

Price / SF:

$175/SF

Added:: May 19, 2024
Days on Market:: 781
Last Refresh:: Jul 2 at 10:06 am

Property Features for 1758 Oak Blossom Dr

General Information

Standard status: Active
Size: 6,542 SF
Property subtype: Hospitality

Building Details

Year Built: 2021

We can help!

Contact an agent

Miriam Kelly

Listing office Coldwell Banker Realty

Listing date May 19, 2024

Source Crexi

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 Coldwell Banker Realty

HighLights

Major price improvement on a spacious 6,542 sq ft, 13‑bedroom pool home, ideal for a 1030 Exchange.
High‑yield rental potential due to extensive amenities and location in Solterra Community near Champions Gate.
Fully furnished with exceptional entertainment features including a movie theater, gym, Pac‑Man game room, and Disney‑themed bedrooms.
Resort‑style screened pool area with outdoor kitchen.
Gourmet kitchen and spacious dining area (seats 16), plus two laundry rooms for guest convenience.
Access to Solterra Resort amenities: clubhouse, water park, lazy river, water slides, tennis and basketball courts, and hiking trails.

Overview

Located in the Solterra Community of Davenport near Champions Gate, this expansive 6,542 sq ft pool home is designed for high-yield rental potential. The fully furnished property features 13 bedrooms, 10.5 baths, and an open-concept layout with lofty ceilings. Entertainment options include a dedicated movie theater, gym, Pac-Man game room, and an oversized loft with various games. Three bedrooms feature Disney themes. The gourmet kitchen includes a center island, and the spacious dining area accommodates 16 guests. Two laundry rooms, one on each floor, enhance guest convenience. The screened resort-style pool area includes an outdoor kitchen. Community amenities at Solterra and Villatel include a clubhouse, a water park with an oversized resort pool, a lazy river, water slides, tennis and basketball courts, and hiking trails. The community offers property management and valet garbage services. This property is suitable for long-term hold, owner use, or joint venture opportunities.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$120.1k	$18.36
− Vacancy	−$7.4k	−$1.14
EGI	$112.7k	$17.22
− OpEx	−$50.7k	−$7.75
NOI	$62.0k	$9.47

6,542 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$885.2K

$774.6K – $1.03M (±1% cap)

NOI $61,965 @ 7.0% cap · market cap 5.39%

Second Best

Hotel Hospitality

$539.1K

$471.7K – $629.0K (±1% cap)

NOI $37,737 @ 7.0% cap · market cap 3.28%

Theoretical Best

Office A

$1.57M

$1.38M – $1.83M (±1% cap)

NOI $110,047 @ 7.0% cap · market cap 9.57%

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

Location Insight

Map
Local Demand

City: Davenport
County: Polk
State: Florida
Longitude: -81.6689
Latitude: 28.2418

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For sale
Hospitality properties
FL
Davenport
33837
1758 Oak Blossom Dr

What type of property is this?

Hospitality property - 6,542 sq ft pool home with high-yield rental potential.

Where is this hospitality property located?

The property is located at 1758 Oak Blossom Dr Davenport, FL.

What is the asking price?

The asking price for this property is $1,150,000.

What are key features of this property?

This property features: Major price improvement on a spacious 6,542 sq ft, 13‑bedroom pool home, ideal for a 1030 Exchange.; High‑yield rental potential due to extensive amenities and location in Solterra Community near Champions Gate.; Fully furnished with exceptional entertainment features including a movie theater, gym, Pac‑Man game room, and Disney‑themed bedrooms.