504 Verona AVENUE, Davenport, FL, 33897 | $331,000

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!

Features

  • Amenities: Cable TV, Clubhouse
  • Rooms: 6
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Year Built: 2004
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,856
  • Acreage: 0.07
  • Est. Taxes: $3,599
  • HOA Fee: $664 Monthly
  • Elem. School: Citrus Ridge
  • Middle School: Citrus Ridge
  • High School: Davenport High School
  • Pet Policy: Breed Restrictions
  • Appliances: Convection Oven, Dishwasher, Dryer, Refrigerator, Washer
  • MLS#: O6252136
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/O6252136/504veronaavenue_davenport_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/1/2024 10:38:20 AM)
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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504 Verona AVENUE, Davenport, FL, 33897

$331,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $264,800 $264,800 $264,800
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.708% 7.133% 6.256%
Monthly Tax Payment $300 $300 $300
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,829 $1,760 $2,233
Total Monthly Payment $2,204 $2,135 $2,608

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.