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Welcome to 411 Lucaya Loop, an immaculate fully furnished, turnkey income-producing 3-bedroom, 2-bathroom condo located on the second floor within the highly sought-after Bahama Bay Resort in Davenport, Florida, just minutes from the front gates of Walt Disney World, Promenade at Sunset Walk, Margaritaville Resort Orlando, H2O Water Park, and a wide variety of shopping, dining, and entertainment. This beautifully maintained condo offers an exceptional opportunity for investors seeking a proven short-term rental property or buyers looking for a vacation home in one of Central Florida’s most established resort communities. The unit features a bright and open layout with a welcoming entry corridor that flows into the spacious living and dining areas, creating a comfortable environment for relaxing after a day at the parks or hosting guests. The centrally located kitchen is fully equipped with ample cabinetry and counter space, making it ideal for both short-term visitors and extended stays. The floor plan includes two well-appointed guest bedrooms with generous closet space and a full hallway bathroom, while the primary suite offers its own private ensuite bathroom and spacious closet, creating a peaceful retreat for owners and guests alike. A private balcony extends the living space outdoors, providing a tranquil setting to enjoy Florida’s year-round warm weather. This condo is sold fully furnished, making it truly turn-key and ready to continue operating as a successful short-term rental or personal vacation getaway from day one. One of the standout features of this unit is its excellent location within the resort, just a short walk to one of the community pools, the playground, and the picnic area, giving guests convenient access to some of the most popular amenities in the community. Bahama Bay Resort is a 24-hour guard-gated, tropical waterfront community situated on approximately 70 acres along the shores of Lake Davenport, offering a true resort lifestyle with amenities that include multiple heated swimming pools, hot tubs, a sandy beach area overlooking the lake, fishing dock, clubhouse, fitness center, walking trails, splash pad, spa services, on-site restaurant and bar, tennis courts, pickleball courts, volleyball courts, and recreational activities for residents and guests. The location places you just a short drive from Orlando’s world-famous theme parks, championship golf courses, shopping outlets, and countless dining options, while still offering a peaceful and relaxing resort atmosphere. Whether you are looking for a low-maintenance investment with strong rental appeal, a vacation retreat for family and friends, or the perfect combination of both, this property presents a fantastic opportunity to own in one of Central Florida’s most desirable resort communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$219,990
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $175,992 | $175,992 | $175,992 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.407% | 6.533% | 5.920% |
| Monthly Tax Payment | $177 | $177 | $177 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,055 | $1,098 | $1,450 |
| Total Monthly Payment | $1,307 | $1,350 | $1,702 |
* 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.