921 Paradise Dr - Apartments FOR SALE


Davenport, FL 33897- North Polk
$499,000 USD
689-202-8487
921 Paradise Dr, Davenport, FL for Sale
$499,000 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

921 Paradise Dr
Davenport, FL 33897
North Polk


HIGHLIGHTS

  • 5 Bed / 4.5 Bath, 2,283 SF townhome
  • Turnkey short-term rental investment located in Windsor Island Resort—one of Central Florida’s highest-performing vacation communities.
  • Not currently in a rental program—ready for immediate activation with flexible management and strong projected ROI (up to 8.7% cap rate).

OVERVIEW

Turnkey 5-bedroom, 4.5-bath townhome in the highly sought-after Windsor Island Resort — one of Central Florida’s top-performing short-term rental destinations. This property offers 2,283 square feet of luxury living with an open-concept layout, private screened pool, and dual primary suites for maximum guest comfort. The home has never been in a rental program and is in excellent condition — fully ready to be launched as a short-term rental or used as a private vacation home. Investors can benefit from immediate setup flexibility, choosing their own management company, furnishing package, and pricing strategy without any existing commitments. Located just steps from the resort clubhouse, lazy river, tiki bar, fitness center, and mini golf, this property offers everything guests look for in a high-demand vacation rental community. ?? Highlights: 5 Bedrooms / 4.5 Baths / 2,283 Sq Ft Private screened pool + lanai Dual primary suites (upstairs and downstairs) Resort amenities: clubhouse, lazy river, splash pad, arcade, sports courts, on-site dining Zoned for short-term rental (STR) Not currently enrolled in a rental program — ready for immediate activation ?? Location: Minutes from Disney, major attractions, restaurants, and shopping — this property sits in one of Orlando’s most desirable short-term rental zones, making it an ideal investment or personal retreat. A detailed financial analysis projects healthy returns across multiple occupancy levels. The home is not currently enrolled in a rental program, providing full flexibility for investors to self-manage or select their preferred property management partner. ?? Pro Forma Summary (Estimated Performance): Average Daily Rate (ADR): $235 – $265 Occupancy Scenarios: Conservative (55%): NOI ˜ $19,588 | Cap Rate 3.6% Moderate (70%): NOI ˜ $33,100 | Cap Rate 6.0% High (85%): NOI ˜ $48,120 | Cap Rate 8.7% Total Revenue Range: $51,235 – $88,150 annually Operating Expenses Include: Property management (20%) Utilities (electric, water, internet, cable) HOA / resort fees Property taxes, insurance, and maintenance ?? Highlights: Turnkey short-term rental investment opportunity Not currently in a rental program — ready for immediate activation Located in one of Central Florida’s top-performing STR communities Resort amenities include clubhouse, lazy river, tiki bar, arcade, and sports courts Minutes to Disney and major Orlando attractions

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

-

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Windsor Island Resort Townhome

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

-

APN/PARCEL ID

26-25-13-998011-001210

ASK ABOUT THIS PROPERTY

Nicholas VaseloffReal Broker, LlcMore Info
689-202-8487

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Nicholas VaseloffReal Broker, LlcMore Info
689-202-8487

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.