1028 WASHINGTON PALM LOOP, Davenport, FL 33897

$286,500

Est. payment -/mo

$310,000

7.6%

Est.Price: ?

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4 Beds

3 Baths

1,811 SqFt

SOLD DATE : 10/13/2023

Key Details

Sold Price $286,500

Property Type Townhouse

Sub Type Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,811 sqft

Price per Sqft $158

Subdivision Bimini Bay Ph 01

MLS Listing ID O6138752

Sold Date 10/13/23

Bedrooms 4

Full Baths 3

Construction Status Inspections

HOA Fees $150/mo

HOA Y/N Yes

Originating Board Stellar MLS

Year Built 2005

Annual Tax Amount $2,647

Lot Size 1,306 Sqft

Acres 0.03

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.

Location

State FL

County Polk

Community Bimini Bay Ph 01

Interior

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

Heating Central, Electric

Cooling Central Air

Flooring Laminate, Tile

Furnishings Unfurnished

Fireplace false

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Laundry Inside, Laundry Closet

Exterior

Exterior Feature Rain Gutters, Sidewalk, Sliding Doors

Community Features Community Mailbox, Deed Restrictions, Playground

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected

Amenities Available Playground

Roof Type Shingle

Garage false

Private Pool No

Building

Lot Description In County, Level, Sidewalk, Paved

Entry Level Two

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Wood Frame

New Construction false

Construction Status Inspections

Schools

Elementary Schools Citrus Ridge

Middle Schools Davenport School Of The Arts

Others

Pets Allowed Yes

HOA Fee Include Maintenance Structure, Maintenance Grounds, Trash

Senior Community No

Ownership Fee Simple

Monthly Total Fees $150

Acceptable Financing Cash, Conventional

Membership Fee Required Required

Listing Terms Cash, Conventional

Special Listing Condition None

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Submit

Ricardo Simon

ricardo.simon@lptrealty.com +1(407) 476-6263

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by KELLER WILLIAMS ADVANTAGE REALTY
Bought with GHALI REALTY, INC

"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

+1(407) 476-6263

ricardo.simon@lptrealty.com