Spacious Pool Home in
For Sale
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Pending
1758 Oak Blossom Dr, Davenport, FL 33837
6,542 sq ft pool home with high-yield rental potential.
Property Size6,542 SF
Days on Market826
Property Features for 1758 Oak Blossom Dr
General Information
Standard status
Pending
Size
6,542 SF
Total Parking Spaces
5
Property subtype
Hospitality
Investment Type
Stabilized
Net Operating Income
$90,000
Building Details
Year Built
2021
Buildings
1
Stories
2
Listing Agency:
Coldwell Banker Realty
(813) 325-8968
Listed By:
Miriam Kelly · License #BK 3445167
Source:
Crexi
Added: May 19, 2024
Changed: Aug 8
Last Checked: Aug 21 at 8:04AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$61,965
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,239,300
$1.2M
Cap Rate 7%
$885,214
$885.2K
Cap Rate 9%
$688,500
$688.5K
Market Conditions
NOI Build-Up for 6,542 SF
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.
Gross rent
$120.1K $18.36/SF
− Vacancy
−$7.4K −$1.14/SF
EGI
$112.7K $17.22/SF
− OpEx
−$50.7K −$7.75/SF
NOI
$62.0K $9.47/SF
Area
Polk County, FL
Vacancy
6.20%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,239,300
Cap Rate 7%
$885,214
Cap Rate 9%
$688,500
Alternative Uses
Best Use
Apartment 5plus
$885.2K
$774.6K – $1.03M
NOI $61,965 @ 7.0% cap · market cap 5.39%
Second Best
Hotel Hospitality
$539.1K
$471.7K – $629.0K
NOI $37,737 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$1.57M
$1.38M – $1.83M
NOI $110,047 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
Demographics for 33837, FL
36,302
Population
19,082
Households
1.9
Avg Household Size
40
Median Age
27%
College-Educated
90%
High-School Grad
51.3 sq mi
ZIP Area
708
Density / Sq Mi
$75,861
Median Household Income
$39,246
Median Earnings
$1,739
Median Rent
$297,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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.
