tomo logo

$420,000

Beds
4
Baths
3.5
sq ft
1,768

159 Blue Jay Way, Davenport, FL 33896

159 Blue Jay Way

DAVENPORT, FL 33896

  • 2 days on market
STOP SCROLLING/ PULL THE CAR OVER: Welcome to 159 Blue Jay Way, a stunning 4-bedroom, 3.5-bathroom POOL home that blends modern Florida aesthetics with practicality, perfect for both PRIMARY RESIDENCE and SHORT-TERM ( Airbnb ) rental investment. Step inside to a beautifully updated home featuring waterproof Pergo luxury vinyl and ceramic tile flooring throughout the first floor. The kitchen has been remodeled with wood cabinets, QUARTZ countertops, and a bespoke Samsung refrigerator, complemented by a full stainless steel appliance package. A unique live edge wood bar, crafted from water oak (similar to the Smokehouse restaurant in Disney Springs), overlooks the dining area. Conveniently located on the first floor is a half bath with reclaimed pine countertops, accessible from the living room and kitchen. The laundry room, equipped with washer and dryer, leads to the double car garage with a new garage door opener installed in 2023. All four bedrooms are located upstairs, including DOUBLE OWNER's ENSUITE bedrooms, a coveted feature in many homes. The primary bedroom suite features ship lap accent walls, crown molding throughout, and an ensuite bathroom with a boxwood cabinet, double vessel sinks, and a unique wood countertop sourced from an old power line pole from A1A. The second ensuite bedroom is currently used as a lounge and boasts a bathroom with charming green banana leaf wallpaper. The remaining two bedrooms share a bathroom, perfect for family or guests. Recent updates include a new AC with NEST thermostat (2020) and new insulation in the attic and crawl space (2023), ensuring energy efficiency and comfort during hot Florida summers. The sliding glass doors from the living room open to a heated pool and attached spa, surrounded by a spacious freshly painted deck (2023). Enjoy morning coffee or evening relaxation on the sizable, covered porch with an outdoor fan (2024). The pool was also recently re-screened in 2023. Located in Sandy Ridge, a community allowing both long-term and short-term rentals with a low HOA of $325 per quarter, this home presents an ideal investment opportunity. According to airDNA research, potential annual revenues could reach $44,000 with a 60% occupancy rate and a $202 daily rate. Sandy Ridge's proximity to various theme parks including Legoland, Castaway Cove, Funspot, Sea World, Disney, and Universal Studios, along with nearby amenities like Publix shopping center, restaurants, and entertainment options, enhances its appeal to homeowners, tourists and renters alike. Whether you're looking for a luxurious primary residence or a lucrative investment property in Central Florida, 159 Blue Jay Way offers the perfect blend of comfort, style, and potential. Schedule your tour today and envision the endless possibilities awaiting you in this versatile home.

Details

Property type

Single Family Residence

Est. home value

$375,470

Lot size

4,604 sq ft

Price per sq ft

$238

Year built

2005

Annual property taxes

$2,318

Monthly HOA fee

$108.33

Price History

07/03/2024
StellarMLS

StellarMLS #S5107797

Listed
$420,000
+134.64%
02/12/2016
StellarMLS

StellarMLS #S4823729

Sold
$179,000
-42.63%
10/28/2005
StellarMLS

StellarMLS #O4620588

Sold
$312,000

Schools & Community

Elementary school: 

Loughman Oaks Elem

Middle school: 

Davenport School of the Arts

High school: 

Unknown

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

$240,801
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$145,599
Cash to seller
$240,801

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

February 2016

Original loan amount

$175,757

Est. remaining balance

$145,599

Interest rate

3.96%

Loan type

FHA, 30 year

Seller

Melissa Damon and Nathaniel A Moore

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: 07/05/2024 at 7:55 PM

Listing updated: 07/05/2024 at 5:42 PM

Listed by: Andrew Robinson, OVERTON REALTY, INC. Phone #: (407) 729-4916

MLS: StellarMLS #S5107797

StellarMLS logo

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