tomo logo

$305,000

Beds
3
Baths
3.0
sq ft
1,492

120 Palermo St, Davenport, FL 33897

120 Palermo St

DAVENPORT, FL 33897

  • <1 day on market
Turn-Key Townhome Near Orlando - Fully Furnished & Upgraded! Discover this stunning 3-bedroom, 3-bathroom townhome located just minutes from Orlando’s world-famous theme parks! Perfectly positioned for both investors and homeowners, this property is turn-key and ready for its next chapter. Features You’ll Love: Fully Furnished & Upgraded in 2022 Move-in or rent ready with no work needed! Consistent guest rental income over the past 24 months. A proven investment! Resort-style amenities: beach-style pools, lazy river, spa, restaurant, game room, and more.  Recent Upgrades: New ceiling fans, refrigerator, stove, washer, and dryer (2019). Stylish laminate flooring throughout the lower level (2019). Brand-new thermostat (phone-controlled) & Ring doorbell included. Worry-free lifestyle with HOA covering cable, high-speed internet, trash, and landscaping. A/C replaced in 2017 for peace of mind. Location Highlights: Just 15 miles from Disney – the perfect blend of fun and relaxation! Whether you’re looking to expand your rental portfolio or live near the magic of Orlando, this home is the ideal choice. Don’t miss your chance, schedule your showing today!

Details

Property type

Townhouse

Est. home value

$298,952

Lot size

1,856 sq ft

Price per sq ft

$205

Year built

2005

Annual property taxes

$3,565.69

Monthly HOA fee

$669

Price History

01/15/2025
StellarMLS

StellarMLS #O6269203

Listed
$305,000
+10.11%
05/02/2022
StellarMLS

StellarMLS #O6013467

Sold
$277,000
+177%
12/21/2017
StellarMLS

StellarMLS #G4846511

Sold
$100,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Pool, Restaurant, Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$36,870
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$243,730
Cash to seller
$36,870

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

April 2022

Original loan amount

$256,500

Est. remaining balance

$243,730

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Jeremy Mesho Shipp

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/15/2025 at 2:45 PM

Listing updated: 01/15/2025 at 12:49 PM

Listed by: Jonathan Burrows, SUNSET LISTING REALTY INC Phone #: (321) 424-0350

MLS: StellarMLS #O6269203

StellarMLS logo

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