|
INVESTOR SPECIAL – VALUE-ADD OPPORTUNITY IN HIGHLANDS RESERVE
Located in the established Highlands Reserve Golf Community, just minutes from Walt Disney World Resort, this property offers immediate rental potential with room to increase returns through strategic upgrades.
Highlands Reserve remains one of Davenport’s most recognized short-term rental communities, known for its golf course setting, strong vacation demand, and proximity to Central Florida’s top attractions. This location consistently appeals to both domestic and international travelers seeking convenience and a resort-style experience.
The home already includes:
? Recently resurfaced private pool
? New interior paint
? Brand-new carpeting
While fully functional and rentable as-is, the property presents a clear value-add opportunity. With cosmetic updates such as modernized furnishings, updated lighting/fixtures, kitchen refresh, and exterior enhancements, an investor can significantly elevate nightly rates and occupancy performance.
Comparable homes in this community that have been professionally updated and marketed command premium seasonal rental income.
Whether you’re expanding your short-term rental portfolio or seeking a vacation home with income potential, this property offers:
• Prime tourist corridor location
• Established STR-friendly community
• Private pool (key revenue driver)
• Upside through light renovation
Seller is motivated and open to serious offers — creating an opportunity to acquire below peak retail value and reposition for stronger ROI.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$345,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $276,000 | $276,000 | $276,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $347 | $347 | $347 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,699 | $1,743 | $2,292 |
| Total Monthly Payment | $2,121 | $2,165 | $2,714 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.