Davenport Vacation Rental! – FL 33897 For Sale

  • $269,900
  • 3 beds
  • 3 baths
  • 1,492 sqft

Property Description:

Here’s a fantastic opportunity to own a three-bedroom and three-bathroom buy-and-hold property in the highly desirable Davenport area, just minutes away from major attractions. This resort-style community is perfect for both short and long-term rental options. With short-term rental rates ranging from $150 per night during the low season to $219+ per night during the peak season, this option has the potential to double your income with a sixty-five percent occupancy rate. Long-term rental rates also remain strong, ranging between $1,300 – $1,500 per month.

The townhome is in turnkey condition and requires only minimal cosmetic updates to get up and running right away. Additionally, a brand-new HVAC system was installed in November 2022. With HOA dues covering basic exterior maintenance, this is a hassle-free investment opportunity. Based on neighboring comparables, we estimate the after-repair value of this property to be $350,000, making it an attractive investment for both seasoned investors and first-time buyers alike. Don’t miss out on this hot gem! Contact us today for more information.

Price:
$269,900
Address:
Palermo St
Davenport, FL 33897
Square Feet:
1,492
Bedrooms:
3
Bathrooms:
3
Terms:
For Sale
Property Type:
Condo
Year Built:
2005
Basement:
$10,400
MLS #:
$350,000

Call (321) 379-5777 for more details

Property Location