tomo logo

$790,000

Beds
8
Baths
5.0
sq ft
3,909

1559 Palmero Way, Davenport, FL 33896

1559 Palmero Way

DAVENPORT, FL 33896

  • 137 days on market
    • Price drop $20,000↓
Introducing a remarkable luxury short/long-term rental retreat in the esteemed Champions Gate community of sunny Florida, boasting over $100K in breathtaking design upgrades. FRESHLY PAINTED throughout the entire home, this exquisite 8-bedroom, 5-bathroom haven has been meticulously enhanced with themed bedrooms, a converted garage, and a state-of-the-art movie theater, solidifying its status as a premier destination among self-managed vacation rentals. This high-end luxury turnkey investment property yields upwards of $100,000 USD in gross rentals annually. Outside, the property showcases a two-car driveway, walkway pavers, and a tiled roof, exuding curb appeal and sophistication. Upon entry, guests are immediately drawn to the home's elegance and style. The kitchen features stainless steel appliances and 42" cabinets, ideal for crafting culinary delights for visitors. Disney-themed rooms and quality laminate flooring throughout the bedrooms and living areas further enhance the home's allure, while modern and functional decor adds a touch of sophistication. Outdoors, a sparkling private pool and hot tub, complete with an Aqualink remote control and monitoring system, await, offering the perfect respite from the Florida heat on the full-width lanai. Indulge in cinematic experiences in the private movie theater room with LED lights installed, boasting plush seating and a 100-inch high-definition projector. Efficiency is paramount with Seer 15 dual-zone A/C, while residents also enjoy access to the Oasis Club at Champions Gate, featuring resort-style amenities such as pools, a lazy river, and a fitness center. Conveniently located near Walt Disney World, Universal Studios, golf courses, shopping, and dining, this home is a highly sought-after destination for vacationers. For those seeking a self-managed, high-performing short-term rental property that sets a new standard for luxury and entertainment, look no further. Don't miss the opportunity to own this stunning property and embark on a journey of impressive rental income and unforgettable guest experiences. Schedule a showing today and let this remarkable property exceed your expectations.

Details

Property type

Single Family Residence

Est. home value

$789,608

Lot size

6,534 sq ft

Price per sq ft

$203

Year built

2018

Annual property taxes

$11,488

Monthly HOA fee

$432.78

Price History

08/05/2024
StellarMLS

StellarMLS #O6216998

Price change
$790,000
-2.47%
07/09/2024
StellarMLS

StellarMLS #O6216998

Price change
$810,000
-2.41%
06/21/2024
StellarMLS

StellarMLS #O6216998

Listed
$830,000
+3.11%

Schools & Community

Elementary school: 

Westside K-8

Middle school: 

Discovery Intermediate

High school: 

Poinciana High School

Community features: 

Gated

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

$233,640
Asking price
$790,000
Closing costs (~8% of asking)
-$63,200
Est. remaining loan balance
-$493,160
Cash to seller
$233,640

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

Seller’s Loan History

Lender

Sg Capital Partners Llc

Loan start date

October 2021

Original loan amount

$528,000

Est. remaining balance

$493,160

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Ln Fl Vacation Llc

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?

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Status: Active

Tomo last checked: 11/05/2024 at 7:35 AM

Listing updated: 08/06/2024 at 1:15 PM

Listed by: Latoja Grief, DOUGLAS ELLIMAN Phone #: (305) 695-6070

MLS: StellarMLS #O6216998

StellarMLS logo

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