261 Caribbean DRIVE, Davenport, FL, 33897 | $219,000

Discover the perfect blend of comfort and investment opportunity with this beautifully maintained two-story townhouse, designed to impress as both a primary residence and a lucrative rental property. Whether you're looking for a home to live in, a short-term rental, or a long-term investment, this property delivers on all fronts.

The first floor welcomes you with an inviting open-concept layout, thoughtfully designed for entertaining and everyday living. Spacious common areas seamlessly connect, creating a bright and airy atmosphere. The living room, highlighted by expansive sliding doors, extends your living space to a private outdoor patio. Surrounded by a privacy fence, this outdoor area is perfect for hosting gatherings, enjoying quiet mornings, or unwinding in the evenings. A convenient laundry closet is located on this level for maximum efficiency.

Adding to its appeal is a versatile lockout or mother-in-law suite located on the first floor. This unique feature opens up endless possibilities: it can be rented separately for income or easily integrated into the main home to create an extra bedroom and bathroom, offering flexibility to suit your lifestyle or financial goals. This added income potential makes the property particularly attractive to investors or owners looking to offset costs.

Ascend the staircase to discover the thoughtfully designed second floor. At the end of the hallway awaits the luxurious master suite, a true sanctuary designed for ultimate relaxation. The master bathroom, bathed in natural light from its skylights, features a walk-in closet for storage, a soothing sunken tub that invites relaxation, and a private toilet room that enhances the spa-like retreat. This master suite promises to be your haven, offering both comfort and elegance.

Additionally, the second floor features a well-appointed bedroom perfect for family members, guests, or even as a home office space. This bedroom offers privacy and convenience, making it ideal for various uses.

Strategically located off US-27, between I-4 and Hwy 192, the property offers unparalleled convenience. Commuting is a breeze with easy access to major highways, making it simple to reach key destinations like Orlando’s theme parks, downtown attractions, or nearby cities. The location also puts you just minutes away from an array of shops, restaurants, pharmacies, and medical centers, ensuring that everything you need is within close proximity. Less than a mile from these amenities, your lifestyle will be marked by convenience and accessibility.

This two-story townhouse offers a harmonious balance between practicality and potential. Whether you’re hosting lively get-togethers, enjoying quiet family evenings, or maximizing rental income, this property adapts effortlessly to your needs. The lockout suite provides that extra edge for investors or those who love the idea of flexible living arrangements, making this home a standout choice in the market.

Don’t miss the chance to experience a property that caters to every aspect of modern living while offering a unique opportunity to generate income. Schedule your private showing today to explore the possibilities and see firsthand the quality, functionality, and lifestyle this home offers!

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Electric Dryer Hookup, Laundry Room
  • Year Built: 2002
  • Heating: Central, Electric
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 1,448
  • Acreage: 0.02
  • Est. Taxes: $2,699
  • HOA Fee: $220 Monthly
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: O6254285
  • Days on Market: 31 days
  • Website: https://www.raveis.com
    /prop/O6254285/261caribbeandrive_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 12/22/2024 11:32:10 PM)
Listing courtesy of EMPIRE NETWORK REALTY   Phone: 407-440-3798

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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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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

261 Caribbean DRIVE, Davenport, FL, 33897

$219,000

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 $175,200 $175,200 $175,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $225 $225 $225
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,180 $1,164 $1,477
Total Monthly Payment $1,480 $1,464 $1,777

* 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.