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1028 Washington Palm Loop, DAVENPORT

$310,000

4 Beds
3 Baths
1,811 Sqft
.03 Acres
0 Garages

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.

Essential Information
MLS® #O6138752
Price$310,000
Sold Price$286,500
Bedrooms4
Bathrooms3.00
Full Baths3
Square Footage1,811
Acres0.03
Year Built2005
TypeResidential
Sub-TypeTownhouse
StatusSold
HOA$150
Taxes$2,647
Sold Date2023-10-13
Community Information
Address1028 Washington Palm Loop
AreaDavenport
SubdivisionBIMINI BAY PH 01
CityDAVENPORT
CountyPolk
StateFL
Zip Code33897
Amenities
AmenitiesPlayground
Interior
HeatingCentral, Electric
CoolingCentral Air
Interior Features

Ceiling Fans(s), Master Bedroom Upstairs, Open Floorplan, Thermostat, Walk-In Closet(s)

Appliances

Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Exterior
RoofShingle
FoundationSlab
Exterior Features

Rain Gutters, Sidewalk, Sliding Doors

Lot Description

In County, Level, Sidewalk, Paved

School Information
ElementaryCitrus Ridge
MiddleDavenport School of the Arts
Other Information
Date ListedSeptember 22nd, 2023
Days on Market200
Office

KELLER WILLIAMS ADVANTAGE REALTY

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on April 28th, 2024 at 12:04pm EDT.