tomo logo

$331,000

Beds
4
Baths
3.5
sq ft
1,856

504 Verona Pl, Davenport, FL 33897

504 Verona Pl

DAVENPORT, FL 33897

  • 32 days on market
    • Price drop $18,000↓
Discover this FULLY FURNISHED END UNIT townhome in the guard gated community of Regal Palms Resort & Spa which offers the perfect lifestyle for vacation living, investment opportunity, or a year-round residence. Being only steps from the pool, this unit has one of the best locations in the entire complex. Boasting 2 master bedrooms, including 1 upstairs and 1 downstairs, makes this home uniquely spacious! Enjoy a maintenance-free lifestyle as the exterior and landscaping are professionally managed for you, allowing you to focus on all the world-class amenities, truly a turn-key experience! The resort offers a day spa, on-site restaurant, tiki bar, zero-entry pool, water slide, lazy river, arcade, fitness center, volleyball court, and a playground—endless entertainment options right at your doorstep - which is a great attractor to potential renters! Perfectly situated adjacent to the Highlands Reserve Golf Club and just minutes from Orlando’s top attractions, including theme parks (Disney, Universal, Sea World), this townhome presents a rare opportunity for short-term rental, vacation ownership, or primary residence. This part of town is BOOMING with construction, making it a great place invest your money. If you are looking to use this property as a vacation rental, please note the 4 comps provided in the photos that show the revenue of 4 almost identical units in the same complex. These strong numbers show what this property is capable of producing. Skip the headache of buying an unfurnished unit, you can start earning income here the day of closing! Please note HOA fee includes all amenities, internet, cable, and trash. A $2,500 lender credit is being offered is buyer uses preferred lender!

Details

Property type

Townhouse

Est. home value

$323,016

Lot size

3,088 sq ft

Price per sq ft

$179

Year built

2004

Annual property taxes

$3,599

Monthly HOA fee

$663.96

Price History

10/25/2024
StellarMLS

StellarMLS #O6252136

Price change
$331,000
-5.16%
10/24/2024
StellarMLS

StellarMLS #O6252136

Listed
$349,000
-0.29%
05/28/2024
StellarMLS

StellarMLS #S5096203

Removed
$350,000

Schools & Community

Elementary school: 

Citrus Ridge

Middle school: 

Citrus Ridge

High school: 

Davenport High School

Community features: 

Gated, Clubhouse, Fitness Center, Playground, 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

$28,661
Asking price
$331,000
Closing costs (~8% of asking)
-$26,480
Est. remaining loan balance
-$275,859
Cash to seller
$28,661

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

Seller’s Loan History

Lender

Bank Of England

Loan start date

October 2022

Original loan amount

$284,000

Est. remaining balance

$275,859

Interest rate

5.55%

Loan type

New Conventional, 30 year

Seller

Richard Scott Bekerian and Jill Ann Bekerian

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: 11/25/2024 at 4:40 PM

Listing updated: 10/25/2024 at 10:54 AM

Listed by: Taylar Colangelo, LLC, LOKATION Phone #: (954) 545-5583

MLS: StellarMLS #O6252136

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