Champions Gate Investment
For Sale
Contact for pricing
1431 Wexford Way, Davenport, FL 33896
Luxurious 8-bedroom villa with established short-term rental income near Disney.
Property Size4,820 SF
Price / SF$145.23
Days on Market800
Property Features for 1431 Wexford Way
General Information
Standard status
Active
Size
4,820 SF
Class
B
Property subtype
Multifamily
Building Details
Year Built
2014
Buildings
1
Stories
2
Units
1
Listing Agency:
KW
Listed By:
Ayesha Verma · License #SL3531226
(407) 639-0345
Source:
Crexi
Added: Jun 26, 2024
Changed: Aug 24
Last Checked: Aug 29 at 7:00PM
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 KW
Investment Insights
Based on property information with market context.
Located in the gated Champions Gate community, this property presents a prime investment opportunity with established short-term rental income. The property is currently part of a short-term rental program and has consistent bookings. Built in 2014, this fully furnished home features 8 bedrooms, 5 baths, and 3,339 square feet of living space. The open floor plan on the first floor combines the kitchen, dining room, and family room into a spacious great room. The kitchen boasts stone counters, stainless steel appliances, a breakfast bar, and a closet pantry. The first-floor owner's suite includes an ensuite bath with granite counters, dual sinks, a soaking tub, a separate shower, and pool access. Upstairs, a roomy loft features a mounted flat-screen TV and a comfortable sectional sofa, along with a media room with theater-style seating, and uniquely themed bedrooms. The outdoor area includes a full-width covered lanai, a screen-enclosed heated pool, and a spa. Additional features include a Star Wars-themed garage game room, double-pane windows, an energy-saving hybrid water heater, a tile roof, and a brick paver driveway and pool deck. Residents have access to the Oasis Clubhouse, a 16,000 square foot complex with multiple pools, a lazy river, a 2-story waterslide, a splash park, air-conditioned cabanas, a hot tub, sand volleyball courts, a fitness center, an arcade, a movie theater, a full restaurant, and two bars. HOA dues cover lawn care, landscaping, cable and internet service, and 24-hour guarded gatehouses. Situated just 15 minutes from Walt Disney World, this property offers an exceptional location. Current bookings can be transferred to the new buyer at closing, and the new owner will be able to inherit listings on major vacation rental websites such as Airbnb, TripAdvisor, and VRBO.
Key Highlights
- Established short‑term rental with existing bookings transferable to the buyer for immediate income.
- Located in the gated Champions Gate community, a Disney‑area golf and country club.
- Access to the Oasis Clubhouse with extensive amenities including multiple pools, lazy river, waterslide, splash park, and more.
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
$45,655
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
6.52%
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%
$913,100
$913.1K
Cap Rate 7%
$652,214
$652.2K
Cap Rate 9%
$507,278
$507.3K
Market Conditions
NOI Build-Up for 4,820 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
$88.5K $18.36/SF
− Vacancy
−$5.5K −$1.14/SF
EGI
$83.0K $17.22/SF
− OpEx
−$37.4K −$7.75/SF
NOI
$45.7K $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%
$913,100
Cap Rate 7%
$652,214
Cap Rate 9%
$507,278
Alternative Uses
Best Use
Apartment 5plus
$652.2K
$570.7K – $760.9K
NOI $45,655 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $81,080 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
Explore this area
Business Placement
Demographics for 33896, FL
19,444
Population
11,929
Households
1.6
Avg Household Size
36
Median Age
33%
College-Educated
94%
High-School Grad
20.2 sq mi
ZIP Area
963
Density / Sq Mi
$74,485
Median Household Income
$39,558
Median Earnings
$1,969
Median Rent
$307,200
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?
Short term rental property - Luxurious 8-bedroom villa with established short-term rental income near Disney.
Where is this short term rental property located?
The property is located at 1431 Wexford Way Davenport, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Established short‑term rental with existing bookings transferable to the buyer for immediate income.; Located in the gated Champions Gate community, a Disney‑area golf and country club.; Access to the Oasis Clubhouse with extensive amenities including multiple pools, lazy river, waterslide, splash park, and more.
