Is a 3bed 2bath in Esprit Davenport worth €110 k and is there an str market there? The House is furnished. Wondering about hoa fees and the area?

Asked by Bella, West Hempstead, NY Mon May 16, 2011

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Bernard Scar…, Agent, Kissimmee, FL
Wed Jun 19, 2013
Hello Bella,

If you are still looking for a property, please let me know.

Thank you
Bernard Scarpa
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Melissa A. S…, , Orlando, FL
Mon May 16, 2011
Hi Bella,

I went to school at Hofstra U over in Hempstead, small world. To answer your question above the Esprit area of Fairways Lake Estates is a nice subdivsion that is approximatemy 15 minutes to Disney. Are you interested in this property as a investment / vacation property or relocation? The HOa fees are $100.00 per month and the price of $110 is a fair market price for homes in this area. See the recently sold report for Fairway below: If you are looking at this property for investment / vacation purposes, one way to help off set your hoa fees and taxes when you decide to purchase is to rent it out for short term rental or long term rental for a 1 year lease. While these properties are starting to show their age, they can make for decent rental properties. Other options in Davenport to consider are

Recently solds in Esprit - Fairways Lake Estates…

Active Listings in Davenport for Short-Term and Long Term Rental :…
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Mark LeMenag…, Agent, Lake Nona Orlando, FL
Mon May 16, 2011
Hi Bella,

The Esprit neighborhood at Polo Park in Davenport is getting a bit dated. Most of the properties date from the mid 90's and what you will find is that for the most part they'll be needing a new roof and air-co system soon if not already. Is there an STR market there? Yes. Is it a thriving market? No.

HOA runs $100 a quarter.

I see you were looking a year ago as well. How many more of those northern winters do you want to live through?

Good luck,
Mark LeMenager
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