tomo logo

$850,000

Beds
8
Baths
5.0
sq ft
3,909

1431 Wexford Way, Davenport, FL 33896

1431 Wexford Way

DAVENPORT, FL 33896

  • 151 days on market
Prime Investment Opportunity with Established Short-Term Rental Income. Welcome to your next investment in the gated Champions Gate community, a renowned Disney-area golf and country club. This stunning property is currently part of a short-term rental program, expected to generate approximately $19,400 in future bookings as of May 30, 2024. These bookings can be transferred to the new buyer at closing, ensuring immediate income from day one. The property has consistent booings. Please see the screenshots provided by the management company (refer to last two pictures) for the past June and July 2024. The property has been marketed on major vacation rental websites such as Airbnb, TripAdvisor, VRBO, and more. The new owner will be able to inherit this listings, eliminating the need to build the listing's reputation from scratch. Luxurious Living Space: This beautiful home, built in 2014, features 8 bedrooms, 5 baths, and 3,339 square feet of living space. It comes fully furnished with tasteful décor, making it perfect for entertaining and family gatherings. The open floor plan on the first floor combines the kitchen, dining room, and family room into a spacious great room. The large kitchen boasts stone counters, stainless steel appliances, a breakfast bar, and a closet pantry. The first-floor owner's suite includes a spacious ensuite bath with granite counters, dual sinks, a soaking tub, a separate shower, and pool access. Upstairs, you'll find a roomy loft with a mounted flat-screen TV and a comfortable sectional sofa, a media room with theater-style seating, and uniquely themed bedrooms that inspire the young ones. The outdoor area features a full-width covered lanai, a screen-enclosed heated pool, and a spa, perfect for enjoying sunny days or cool evenings. 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. Exceptional Community Amenities: As part of the Champions Gate community, you have access to the Oasis Clubhouse, a 16,000 SF 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 the privacy of multiple 24-hour guarded gatehouses. Perfect Location: Located just 15 minutes from Walt Disney World, this property offers exceptional location, amenities, and value. Whether you’re looking for a lucrative short-term rental investment or a private home-away-from-home, this villa is perfect for you. Don’t miss this outstanding opportunity. Schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$775,895

Lot size

6,098 sq ft

Price per sq ft

$218

Year built

2014

Annual property taxes

$11,448

Monthly HOA fee

$125.78

Price History

06/25/2024
StellarMLS

StellarMLS #O6209011

Listed
$850,000
+6.25%
09/27/2022
StellarMLS

StellarMLS #O6040544

Sold
$800,000
+64.27%
02/24/2021
StellarMLS

StellarMLS #S5041667

Sold
$487,000

Schools & Community

Elementary school: 

Westside K-8

Middle school: 

West Side

High school: 

Poinciana High School

Community features: 

Gated, Fitness Center, Sidewalks, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$200,236
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$581,764
Cash to seller
$200,236

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

September 2022

Original loan amount

$600,000

Est. remaining balance

$581,764

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Mehul Trikambhai Patel and Himangi Amrutbhai Patel

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 2:15 AM

Listing updated: 08/01/2024 at 12:39 PM

Listed by: Ayesha Verma, KELLER WILLIAMS REALTY AT THE PARKS Phone #: (407) 629-4420

MLS: StellarMLS #O6209011

StellarMLS logo

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