Welcome to 411 Lucaya Loop, a resort-style living 3-bedroom, 2-bathroom condo, recently updated and located on a second floor, within the desirable Bahama Bay Resort, in Davenport. Perfect as a vacation home, or investment property, or short term rental, this condo sleeps 6 and offers comfort, style, and convenience. Being recently updated within the last 3 years and with a gross rent of $45, 000 per year, an occupancy rate of 80% and a nightly rate of $120 this is an investor’s dream. Step inside and be welcomed by a bright corridor that leads you into the heart of the home. On the right, you'll find two well-appointed bedrooms, each featuring spacious closets, and a full bathroom conveniently located in the hallway, along with a linen closet and laundry closet for added practicality. The centrally located kitchen displays a stunning backsplash and is fully equipped. The dining and living areas share an open floor plan designed for easy entertaining. From the living room, step out onto a private balcony where you can relax and enjoy the peaceful surroundings. The master bedroom offers its own ensuite bathroom, an extended closet for ample storage, and a private balcony. Situated in the sought-after Bahama Bay Resort, this community offers different amenities, including community pools, hot tubs, splash pad, a sandy beach, a clubhouse, and recreational activities including a fishing dock on Lake Davenport Lake, walking trails, on-site restaurant and spa, tennis court, pickle ball and volleyball court; all while being conveniently located near theme parks, shopping, and dining. Call today for a private showing and schedule a viewing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$269,000
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 | $215,200 | $215,200 | $215,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $177 | $177 | $177 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,414 | $1,430 | $1,831 |
Total Monthly Payment | $1,666 | $1,682 | $2,083 |
* 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.