708 NEW PROVIDENCE PROMENADE, Davenport, FL 33897

About This Property

Welcome to your dream vacation home and high-performing investment property at 708 New Providence Promenade! Situated on the desirable second floor of Building 18 within the gated, Caribbean-style Bahama Bay Resort, this fully furnished 3-bedroom, 2-bathroom condo features beautifully upgraded decor and a screened balcony boasting peaceful lake views and partial pool views. The property is an investor's dream, having generated a strong, consistent gross rental income of $29K–$34K per year from 2023 to 2025. It comes fully loaded with major recent updates for ultimate peace of mind, including all-new living room furniture (couch, loveseat, stools, coffee, and end tables) and dining furniture purchased in 2025. Rest easy knowing that all new mattresses, pillows, and bathroom faucets were also updated in 2025, alongside new flat-screen TVs installed across 2024 and 2025. Additionally, the AC was replaced within the last 4–5 years, and all appliances—including the in-unit washer and dryer—are just 3–5 years old. Positioned in an unbeatable, ultra-convenient location within the resort, this unit is a true "less than 1-minute walk" (just steps away) from the private sandy beach, heated swimming pool, beach volleyball court, fishing dock, and the popular Tradewinds Restaurant and Bar. The spacious kitchen comes fully stocked with everything you or your guests could ever need for a comfortable stay. Beyond the unit, Bahama Bay Resort offers world-class amenities, including four heated outdoor pools, six hot tubs, a children's splash pad, a fitness center, sport courts (tennis, basketball, and pickleball), nature trails, and 24/7 gated security. Best of all, you are just minutes away from Central Florida's world-famous theme parks, premier dining, shopping outlets, grocery stores, and endless entertainment. Whether you are looking for a personal tropical getaway or a turnkey, income-generating asset, this beautifully updated lake-view condo is a rare find!

Property Details

Listed by TEAM DONOVAN · MLS# S5152841