Davenport, FL 33897,1028 WASHINGTON PALM LOOP
Davenport, FL 33897,1028 WASHINGTON PALM LOOP
Davenport, FL 33897,1028 WASHINGTON PALM LOOP
25
$286,500
$310,000
7.6%
Est.Price: ?

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4 BD
3 BA
1,811 SqFt

1028 WASHINGTON PALM LOOP Davenport, FL 33897

Est. payment /mo
SOLD DATE : 10/13/2023

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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

Bedrooms 4

Full Baths 3

HOA Fees $150/mo

Year Built 2005

Annual Tax Amount $2,647

Lot Size 1,306 Sqft

New Construction false

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

Heating Central, Electric

Cooling Central Air

Flooring Laminate, Tile

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

Building

Lot Description In County, Level, Sidewalk, Paved

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Wood Frame

New Construction false

Schools

Elementary Schools Citrus Ridge

Middle Schools Davenport School Of The Arts

Others

Monthly Total Fees $150

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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

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agent

Team Virgadamo

Co-Owner, Operations Manager | BK3291480

+1(727) 807-8833

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