Discover luxury living in this cozy 4-bedroom, 3. 5-bathroom Bermuda model end unit, nestled within the esteemed neighborhood of Regal Palms, an exclusive private and gated Resort community. Some recently updated furniture enhances the charm of this residence, all of which conveys with the sale. The property features a unique highlight—an in-law suite with a private entrance, providing additional privacy and flexibility for guests or extended family members. Regal Palms boasts a resort lifestyle with unparalleled amenities. Immerse yourself in a tropical paradise featuring a vast 2. 5-acre Aquatic Pavilion with swimming pool and a lazy river. Enjoy heated pools, water slides, waterfalls, and outdoor jacuzzis for the ultimate relaxation. Bask in the sun on the terraces, entertain at the volleyball court, or unwind at the poolside 'Tiki' bar. The fitness center offers a therapeutic Jacuzzi, steam room, sauna, and top-notch elliptical training equipment. Pamper yourself at the spa with indulgent massages, manicures, and pedicures. Delight in dining at the onsite restaurant and bar, stay connected with free Wi-Fi, or handle business affairs in the well-equipped business center. Regal Palms goes beyond, offering live entertainment (seasonal), holiday celebrations, and a marketplace for convenience. Guest Services are available 24/7 for your convenience. Additionally, on-site, Frankie Farrel's and the Pirate themed arcade awaits—a 4000+ sq. ft. family-friendly haven with games, food, and fun for all ages. New AC, replaced in 2022. Zoned for short-term rental, this property is an excellent investment opportunity in the highly sought-after Regal Palms community, making it the premier choice for those seeking short-term rental townhomes in the Davenport area.
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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 | $260,000 | $260,000 | $260,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $264 | $264 | $264 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,730 | $1,708 | $2,177 |
Total Monthly Payment | $2,069 | $2,047 | $2,516 |
* 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.