tomo logo

$305,000

Beds
4
Baths
3.0
sq ft
1,811

521 Coconut Palm Way, Davenport, FL 33897

521 Coconut Palm Way

DAVENPORT, FL 33897

  • Pending
Excellent Investment Property so look no further. Live in one unit and rent the other one to supplement the expense. This home centrally located in sought after rental area. Island Club Resorts (Bimini Bay) is conveniently located near major highways; Interstate 4 and Hwy 27. Close shopping, restaurants, schools, medical facilities, and Disney. This townhouse strikes the perfect balance between affordability and location The spacious layout ensures ample room for everyone. The unit comes with 3 assigned parking spaces directly in front of the unit. Bimini Bay's location is an attractive choice for both tenants and owners alike. CALL Toady to schedule a viewing today and turn this townhouse into your dream home or a lucrative investment. Seller motivated.

Details

Property type

Townhouse

Est. home value

$297,011

Lot size

1,241 sq ft

Price per sq ft

$169

Year built

2006

Annual property taxes

$3,561

Monthly HOA fee

$150

Price History

01/28/2025
StellarMLS

StellarMLS #S5118915

Pending
$305,000
01/19/2025
StellarMLS

StellarMLS #S5118915

Listed
$305,000

Schools & Community

Elementary school: 

Davenport Elem

Middle school: 

Citrus Ridge

High school: 

Ridge Community Senior High

Community features: 

Playground

Senior community center: 

Yes

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

$145,480
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$135,120
Cash to seller
$145,480

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

Seller’s Loan History

Lender

Citizens Bank Na

Loan start date

March 2021

Original loan amount

$148,000

Est. remaining balance

$135,120

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Mercy I Gomez

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: Pending/Under Contract

Tomo last checked: 01/29/2025 at 12:55 AM

Listing updated: 01/28/2025 at 2:33 PM

Listed by: George Gomez, CHAMPIONS REALTY AND INVESTMENT INC Phone #: (407) 429-4907

MLS: StellarMLS #S5118915

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Recently listed in DAVENPORT