1028 Washington Palm Loop, Davenport, FL 33897
- $286,500
- 4
- BD
- 3
- BA
- 1,811
- SqFt
- Sold Price
- $286,500
- List Price
- $310,000
- Status
- Sold
- Days on Market
- 6
- Closing Date
- Oct 13, 2023
- MLS#
- O6138752
- Property Style
- Townhouse
- Year Built
- 2005
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 1,811
- Lot Size
- 1,241
- Acres
- 0.03
- Total Acreage
- 0 to less than 1/4
- Building Name
- N/A
- Legal Subdivision Name
- Bimini Bay Ph 01
- MLS Area Major
- Davenport
Property Description
This unique property offers a tremendous investment opportunity. The main unit is a 3 bedroom, 2 bathroom townhome, and the lockout/front unit has 1 bedroom, 1 bathroom, living space, and kitchenette (sink, cabinets, countertop, mini fridge). The HOA allows the lockout to be rented separately from the main unit, creating two opportunities to collect rent in one purchase (similar to a duplex). Most lockout units are small, with either one bedroom or one great room, but this unit offers a true separate bedroom space. This could also be an opportunity for a buyer to live in half of the property and rent the other half to offset a mortgage payment. The unit can be divided as is or can be used as a whole 4 bedroom 3 bathroom unit. Both AC units (main and lockout) were replaced and the unit features STAINLESS STEEL KITCHEN APPLIANCES. The main unit has IN-UNIT WASHER AND DRYER. The floors are laminate, tile, and vinyl, only carpet on the stairs. There is a low HOA of $150/month. The lockout unit is currently leased at $950/month. Conveniently located, this property is about 2 miles from the entrance to Hwy 192, less than 9 miles to Disney’s Animal Kingdom, less than 8 miles to Interstate 4, less than 6 miles from Margaritaville Resort, and about a 30 min drive to Universal Studios.
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Additional Information
- Taxes
- $2647
- Minimum Lease
- 8-12 Months
- Hoa Fee
- $150
- HOA Payment Schedule
- Monthly
- Maintenance Includes
- Maintenance Structure, Maintenance Grounds, Trash
- Location
- In County, Level, Sidewalk, Paved
- Community Features
- Community Mailbox, Deed Restrictions, Playground
- Property Description
- Two Story
- Interior Layout
- Ceiling Fans(s), Master Bedroom Upstairs, Open Floorplan, Thermostat, Walk-In Closet(s)
- Interior Features
- Ceiling Fans(s), Master Bedroom Upstairs, Open Floorplan, Thermostat, Walk-In Closet(s)
- Floor
- Laminate, Tile
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Utilities
- Cable Available, Electricity Connected, Sewer Connected, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Wood Frame
- Exterior Features
- Rain Gutters, Sidewalk, Sliding Doors
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Elementary School
- Citrus Ridge
- Middle School
- Davenport School Of The Arts
- Pets
- Allowed
- Flood Zone Code
- A
- Parcel ID
- 26-25-02-485750-000390
- Legal Description
- BIMINI BAY - PHASE 1 PLAT BOOK 127 PGS 34 TO 37 LOT 39
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Listing courtesy of KELLER WILLIAMS ADVANTAGE REALTY. Selling Office: GHALI REALTY, INC.
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