243 Palermo STREET, Davenport, FL, 33897 | $369,900

Look no further and welcome to your RECENTLY RENOVATED dream vacation home, located in the heart of Regal Palms resort community in Davenport, Florida! This wonderful two-story, 4-bedroom, 3. 5-bathroom end-unit townhouse is more than just a property; it’s Florida living at it’s finest! This resort style community allows both long-term residence living, along with Airbnb and short-term vacation rentals. As you step into the beautiful unit, you are greeted with an open floor concept living area which seamlessly blends the kitchen, dining room, and living room, creating a spacious and inviting atmosphere. The gourmet kitchen is a chef's delight, featuring stainless steel appliances (less than 3 years old), granite counter tops and ample storage space. The dining area which includes new upgrades light fixtures, can comfortably accommodate large gatherings, while the living room provides a cozy retreat to relax and unwind. Upstairs, you'll find three generously sized bedrooms, each with its own unique charm and character. ******INCOME POTENTIAL: Home has 2 separate front entrances. Home has front door entrance and a separate private entrance, giving access to the first-floor bedroom suite with a full bathroom. This is perfect to use as a multi-generational home or a second rental. The master bedroom upstairs has access to a screen balcony where you can enjoy lounging. Both the balcony and downstairs lanai have been enclosed for year-round enjoyment.
Some of the upgrades include a luxurious 75 inch real stone wall fireplace, brand new laminate floors in the 2 bathrooms upstairs and the entire downstairs. Master bedroom has a brand new fan light with remote control and all kitchen cabinets have been refurbished and repainted with brand new hardware. Most of the home has been freshly painted as well.
The community of Regal Palms is a gated, private, resort-style community that is well-established and maintained. HOA FEES INCLUDE SECURITY, PHONE, CABLE TV, WIFI, LANDSCAPING, AND VALET TRASH along with several other amenities. Picture yourself cooling off by the resort-style pool on a hot Florida day, leisurely floating down the lazy river, enjoying a drink at the tiki bar or dinner with your neighbors at the on-site recently refurbished restaurant. There's so much to enjoy including the hot tub, fitness center, sauna, steam room, multiple playgrounds, ice cream shop, arcade area, sand volleyball court…the list goes on and on! This amazing community is also conveniently located 0. 2 miles from a Publix Supermarket and provides easy access to major highways, and many dining & shopping options. The location is perfect for beach or theme park outings, such as Disney, SeaWorld, and Universal Studios and Orlando airport is a mere 30 minute drive. Don't miss out on this incredible opportunity to own your own piece of paradise in Davenport, Florida! Contact us today to schedule a viewing!

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: Inside
  • Year Built: 2005
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,856
  • Acreage: 0.07
  • Est. Taxes: $3,229
  • HOA Fee: $655 Monthly
  • Pet Policy: Breed Restrictions
  • Appliances: Dishwasher, Microwave, Range, Range Hood, Refrigerator
  • MLS#: L4948120
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/L4948120/243palermostreet_davenport_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). 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. (last updated 10/18/2024 10:32:16 AM)
Listing courtesy of REMAX EXPERTS   Phone: 863-802-5262

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

243 Palermo STREET, Davenport, FL, 33897

$369,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $295,920 $295,920 $295,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.681% 6.678% 6.034%
Monthly Tax Payment $269 $269 $269
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,019 $1,868 $2,457
Total Monthly Payment $2,363 $2,212 $2,801

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.