604 Terra Lago St., Davenport, FL 33897
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$274,900
Sold on 6/18/24
Beds Baths Sq. Ft. Taxes Built
4 3.10 1,856 $3,749 2005
On the market: 55 days
View full details, 15 photos, school info, and price history
This end unit townhome, fully furnished and available for both long-term residence and short-term vacation rentals, is a special find. With 4 bedrooms, including a separate lockout unit with its own AC and full bath, it offers two rental opportunities in one property. Situated in the Regal Palms community, residents have access to a variety of amenities, from a community pool with a lazy river, water slide, tiki bar, and hot tub to a fitness center with a steam room and sauna, as well as a volleyball court and playground for exercise. The community gate is staffed with a guard 24/7 for added security, and there are other amenities like a restaurant, spa, nail salon, arcade, and gift shop. The townhome itself features an owner's suite with private access to an en-suite, walk-in closet, and separate exterior entrance with its own coded door, perfect for tandem rentals. The living and dining space is open to the kitchen, which includes a bar for additional seating, and a sliding glass door leads to the covered patio, allowing guests to enjoy the Florida weather. The property also includes a laundry closet with a stacked washer and dryer. The monthly HOA fees cover a wide range of services, including 24-hour security, phone, cable TV, internet, lawn/landscaping, valet trash, pools, fitness center, playground, volleyball court, and pest control. With two separate units, it's easy to come and enjoy Florida while still generating revenue from the other unit. Whether you rent both units, just one, or none, this property offers the flexibility to stay more days for personal enjoyment while also having the potential for additional rental income.
Listing courtesy of Mike Spicer, LPT REALTY