Dan Schriver
Short-Term Rental Eligible
$264,950$274,9503 bd2 ba1,655 sqft$160 /sqft$2,889 /mo all-in ↓

716 LUCAYA LOOP UNIT B1/U716, DAVENPORT, FL, 33897

Active1134 days on marketListed Jun 16, 2023MLS #S5086633

Priced 24% below the DAVENPORT 33897 medianReduced $10KFully furnishedCondominiumBAHAMA BAY

About this home

716 LUCAYA LOOP UNIT B1/U716

Get ready to fall in love with this delightful 3-bedroom, 2-bathroom, top-floor condo, nestled in Building 1 of the secure and friendly Bahama Bay Resort. This end unit comes fully furnished and is one of the most spacious offerings at Bahama Bay, ensuring you have ample room to stretch out and make yourself at home. Enjoy the tranquility of your private screened-in balcony, where the view from the third floor over the resort is simply lovely. The primary suite is generously sized, featuring an ensuite bathroom, a walk-in closet, and direct access to the balcony for a breath of fresh morning air. Two more bedrooms with a shared bathroom cater comfortably to family or guests. This pleasant gated community also offers an array of amenities that cater to all interests. You'll find a welcoming clubhouse, a well-equipped fitness center, multiple community swimming pools, a spa, and even a small sandy beach. For those who enjoy sports, there are tennis and basketball courts, and shuffleboard. Nature lovers will appreciate the paved trails, and dining options include an on-site restaurant & bar. Fishing enthusiasts will be pleased with the full-sized dock on Lake Davenport. This lovely condo is conveniently located close to Orlando's popular theme parks, shopping outlets, and a variety of restaurants. Whether you're considering a short-term rental investment or a tranquil vacation home, this condo could be just the ticket. NEW A/C Unit was installed on 24th October 2023. (With a 10 year guarantee)

Facts & features

The home at a glance

3

Bedrooms

2

Bathrooms

1,655

Sqft

0.01 ac

Lot size

2002

Year built

One

Levels

$160

Per sqft

Trees/Woods viewFurnishedPets allowed

Inside

FlooringCarpet · Tile
AppliancesDishwasher · Dryer · Microwave · Range · Refrigerator · Washer
InteriorCeiling Fan(s) · Open Floorplan · Primary Bedroom Main Floor · Split Bedroom
LaundryInside · Laundry Room
CoolingCentral Air
HeatingCentral · Electric
FurnishedFurnished

Outside & construction

RoofShingle
ConstructionWood Frame
FoundationSlab
ViewTrees/Woods
FacesSoutheast
ParkingOpen
ExteriorBalcony · Sliding Doors

Community & fees

HOA fee$841/mo
Taxes (2024)$2,531/yr
PetsNumber Limit, Size Limit, Yes
CommunityAssociation Recreation - Owned · Clubhouse · Deed Restrictions · Fitness Center · Playground · Pool · Restaurant · Sidewalks · Tennis Court(s)

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Available · Electricity Available · Public · Sewer Available · Water Available
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$2,889 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,560
FHA mortgage insurance (est.)$117
Property tax — 2024 actual bill$211
Condo fee — from the listing$841
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $9,273Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $9,273
Interest rate6.00%
Loan term

Estimated payment

$2,889/mo

Principal & interest$1,560
FHA mortgage insurance (est.)$117
Property taxes (actual bill)$211
HOA / condo fee$841
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $265K
$183KedgeAI estimate $205,122 · range $190K$222K$276K

vs edgeAI estimate

+29.2%

$/sqft vs BAHAMA BAY

$160 vs $160

Days on market

1134 vs 42 typical

Where $160/sqft sits among the 6 homes for sale in BAHAMA BAY

2
2 · this home
0
0
0
2
$136–149$149–161$161–174$174–186$186–199$199+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

The investor lens

Two ways this home pays

This home sits inside Bahama Bay, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.

Short-term rental

Zoned & eligible

Nightly rentalsAllowed
CommunityBahama Bay
Fine-tuned for this homePrepared free by our team
Get the free rental analysis

Projected nightly rate, occupancy and annual revenue for this exact home.

Long-term rental

$2,295/mo median

MarketDavenport
Annual gross at median$27,540
Gross yield on this price10.4%
Homes for rent right now587

Live Davenport rental listing data — this home’s rate depends on size, condition and furnishing.

The Four Corners short-term market

▼ Softening

48%

Occupancy

▼ 37% yr/yr

$325

Avg nightly rate

▲ 13% yr/yr

$38K/yr

Revenue per listing

$151

RevPAR

78 days

Booking lead time

5.7 nights

Avg stay

3

Typical min nights

11,479

Active rentals

▼ 20% supply

Seasonality — monthly occupancy

Peaks at 57% in Jul · bottoms at 36% in Jun

44%
56%
55%
54%
44%
36%
57%
48%
39%
44%
44%
46%
JanFebMarAprMayJunJulAugSepOctNovDec

Last 12 months of data, January–December, bars scaled to the seasonal peak. Market-wide averages across all home sizes in Four Corners — the projection above is specific to this home’s size.

Where it sits

Inside Bahama Bay

Map of 716 LUCAYA LOOP UNIT B1/U716 inside its neighborhood boundary

Drive times from this address

Walt Disney World18 min
Universal Orlando32 min
Downtown Orlando38 min
Orlando Int’l Airport (MCO)43 min
Downtown Tampa65 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Bahama Bay is a short-term-rental community. See the full guide →

DAVENPORT 33897 — neighborhood snapshot

Population

29,206

Median age

38.9

Median income

$73,457

Median home value

$279,100

Avg household

2.85

Households w/ children

3,278

For the school run

Polk County School District

ElementaryLoughman Oaks Elementary School★★★★★
HighRidge Community High School★★★★
MiddleLake Alfred Polytech Academy★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Davenport market

Seller’s marketLeans buyer8.6 months of inventoryBuyer’s market

$342K$363K

Davenport median sold, yr/yr

97.5%

Sale-to-list ratio (12 mo)

4 of 6

BAHAMA BAY have cut their price

Median sold price, Davenport, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 24% below the DAVENPORT 33897 median. See the full Davenport market guide →

Paper trail

This home's history

CurrentPrice reduced to $264,950 $10K
Jun 16, 2023Listed at $274,950 · 1134 days on market since
2002Built · BAHAMA BAY

Reality check

What actually sold near 716 LUCAYA LOOP UNIT B1/U716

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

306 LUCAYA LOOP UNIT B5/U306Sold · Sep ’25

$195,000

306 LUCAYA LOOP UNIT B5/U306 · same community

2 bd · 2 ba · 1,307 sqft · $149/sqft · 288 DOM

608 LUCAYA LOOP UNIT 608Sold · Apr ’26

$200,000

608 LUCAYA LOOP UNIT 608 · same community

3 bd · 2 ba · 1,227 sqft · $163/sqft · 56 DOM

202 RUM RUN UNIT 36102Sold · May ’26

$220,000

202 RUM RUN UNIT 36102 · same community

3 bd · 2 ba · 1,227 sqft · $179/sqft · 29 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Dan Schriver

Your agent

Dan Schriver

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 716 LUCAYA LOOP UNIT B1/U716 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 716 LUCAYA LOOP UNIT B1/U716 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Dan's phone and CRM.

Goes straight to Dan’s phone and CRM.

Straight answers

716 LUCAYA LOOP UNIT B1/U716 FAQs

What would the monthly payment be for 716 LUCAYA LOOP UNIT B1/U716?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,889/mo — principal and interest, the actual property-tax bill, the $841/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 716 LUCAYA LOOP UNIT B1/U716?+

The association fee works out to $841 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 716 LUCAYA LOOP UNIT B1/U716?+

The most recent tax bill on record (2024) was $2,531. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Can 716 LUCAYA LOOP UNIT B1/U716 be rented short-term?+

Yes — this home sits inside Bahama Bay, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.

Are pets allowed at 716 LUCAYA LOOP UNIT B1/U716?+

The listing reports pets: Number Limit, Size Limit, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Davenport?+

At $264,950, this home is listed about 32% below the Davenport median of $388,995. The market section on this page shows how the area is trending.

Which schools are assigned to 716 LUCAYA LOOP UNIT B1/U716?+

Loughman Oaks Elementary School (elementary), Ridge Community High School (high), Lake Alfred Polytech Academy (middle) — Polk County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Under the DAVENPORT 33897 market on paper

$264,950 is 24% below the DAVENPORT 33897 median of $350,000, and at $160/sqft it sits under the Davenport average of $196.

02Zoned for nightly rentals

Bahama Bay is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.

03Trees/Woods views

The trees/woods view is part of what you're buying — views hold value independently of the structure.

04Know the monthly fee

The association fee is $841/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.

05Time on market is leverage

1134 days on market against a Davenport median of 42 — sellers in this position are usually ready to negotiate.

Listing courtesy of TEAM DONOVAN · James Donovan. MLS #S5086633.

IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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