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505 Rum RUN
For Sale $265,000 ($215.97 per Sq Ft)
$265,000 ($215.97 per Sq Ft)
- 3 Bedrooms
- 2 Bathrooms
- 1,227 Sq Ft
- 377 Sq Ft
Description
Perfect investor opportunity! FULLY FURNISHED 3 Bedroom, 2 Bathroom ground floor condo unit located within the beautiful, gated Bahama Bay Resort. Step inside to the spacious, open floorplan with beautiful plank flooring and crown moulding running throughout the home, and tile in the wet areas. The updated kitchen is equipped with stainless steel appliances, stone countertops, tile backsplash, 32” cabinets and a breakfast bar overlooking the family room. A dinette area is also conveniently located right off of the kitchen. A private, screened-in patio allows residents to enjoy outdoor views in a comfortable setting. Residents of Bahama Bay Resort have access to a variety of amenities, including a clubhouse, fitness center with sauna, multiple pools and spa, tennis and basketball courts, shuffleboard, and paved nature trails for outdoor activities. Also, an on-site restaurant and bar for convenient dining experiences, and a full-sized fishing dock on Lake Davenport for residents who enjoy fishing! Conveniently located near major Orlando theme park attractions, Disney World, shopping centers, and restaurants, offering residents easy access to a variety of entertainment and dining options. This condo presents an excellent opportunity for those seeking a vacation home or a short-term rental investment in a well-appointed community with a range of amenities. For Investors or Vacation Homeowners, this property has an 8.9% cap rate at the current price, a Cash-on-Cash Return of 10.82%, and has made over 121K in the past two years! Don’t wait - Schedule a showing today!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $265,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | 1,227 |
| Number of Stories | 3 stories |
| Parking Spots | 0 spots |
| Year Built | 2006 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $578.74 |
| Association Name: | Vacasa/Lynne Bishop |
| Association Amenities: | Basketball Court, Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Pool, Recreation Facilities, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), 24-Hour Guard, Cable TV, Community Pool, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Recreational Facilities, Trash, Water |
| APN # | 262512999967331050 |
| MLS # | O6284402 |
| Property ID | 318010184 |
| Lot Sqft | 377 |
| Zoning | Unknown |
| Days on Market | 11 |
| Original List Price | $265,000 |
| Applicances | Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer% |
| Date Updated | February 28, 2025 |
| Date Created | February 26, 2025 |
Listing Provided By
Jadel Patterson, LLC an agent of .
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of February 28, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT