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1028 Washington Palm Loop

DAVENPORT, FL 33897

4 beds
3 baths
1,811 sqft
1,241 sqft lot
$158 per sqft
2005 build
– on site

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This unique property offers a tremendous investment opportunity. The main unit is a 3 bedroom, 2 bathroom townhome, and the lockout/front unit has 1 bedroom, 1 bathroom, living space, and kitchenette (sink, cabinets, countertop, mini fridge). The HOA allows the lockout to be rented separately from the main unit, creating two opportunities to collect rent in one purchase (similar to a duplex). Most lockout units are small, with either one bedroom or one great room, but this unit offers a true separate bedroom space. This could also be an opportunity for a buyer to live in half of the property and rent the other half to offset a mortgage payment. The unit can be divided as is or can be used as a whole 4 bedroom 3 bathroom unit. Both AC units (main and lockout) were replaced and the unit features STAINLESS STEEL KITCHEN APPLIANCES. The main unit has IN-UNIT WASHER AND DRYER. The floors are laminate, tile, and vinyl, only carpet on the stairs. There is a low HOA of $150/month. The lockout unit is currently leased at $950/month. Conveniently located, this property is about 2 miles from the entrance to Hwy 192, less than 9 miles to Disney’s Animal Kingdom, less than 8 miles to Interstate 4, less than 6 miles from Margaritaville Resort, and about a 30 min drive to Universal Studios.

Listing courtesy of STELLAR_MLS / KELLER WILLIAMS ADVANTAGE REALTY

Last checked: Checking… • Last updated Sep 15, 2024 •

MLS# O6138752 —

The Building

Year Built:

2005
New Construction:

false
Construction Materials:

Wood Frame
Levels:

Two
Roof:

Shingle
Foundation Details:

Slab
Window Features:

Blinds
Building Area Total:

1816
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Furnished:

Unfurnished
Flooring:

Laminate
Fireplace:

false

Room Dimensions

Living Area:

1811
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Travel WEST on 192-W towards HWY 27 S Keep LEFT at the fork, following signs for US-27 S/HWY 27S Follow US 27 SOUTH Turn RIGHT on to Cornerstone Church Pl/Lake Davenport BLVD traveling WEST Turn LEFT to Washington Palm Loop to travel SOUTH 1028 Washington Palm Loop is 4th building on RIGHT
Latitude:

28.332203
Longitude:

-81.676336
Coordinates:

-81.676336, 28.332203

The Property

Parcel Number:

262502485750000390
Property Type:

Residential
Property Subtype:

Townhouse
Lot Features:

In County
Lot Size Acres:

0.03
Lot Size Area:

1241
Lot Size SqFt:

1241
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Direction Faces:

North
View:

false
Exterior Features:

Rain Gutters
Water Source:

Public
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

A
Flood Zone Panel:

12105C0100G
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Lot:

39
Tax Block:

000390
Tax Legal Description:

BIMINI BAY - PHASE 1 PLAT BOOK 127 PGS 34 TO 37 LOT 39
Tax Book Number:

127-34
Tax Annual Amount:

2647

Beds

Bedrooms Total:

4

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Inside

Schools

Elementary School:

Citrus Ridge
Middle Or Junior School:

Davenport School of the Arts

The Community

Subdivision Name:

BIMINI BAY PH 01
Senior Community:

false
Community Features:

Community Mailbox
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Yes
Pet Restrictions:

buyer to verify
Association Amenities:

Playground
Association:

true
Association Fee:

150
Association Fee Frequency:

Monthly
Association Fee Includes:

Maintenance Structure
Association Fee Requirement:

Required
Monthly HOA Amount:

150
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$130/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
10/13/23 Oct 13, 2023	Sold	STELLAR_MLS	$286,500	-7.6%
9/29/23 Sep 29, 2023	Pending	STELLAR_MLS	$310,000
9/22/23 Sep 22, 2023	Listed / Active	STELLAR_MLS	$310,000	113.8% (22.6% / YR)

Townhouse Sold on 10/13/2023

$286,500

Listing provided by broker:

Kristin Duncan

KELLER WILLIAMS ADVANTAGE REALTY

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Listing Courtesy of: STELLAR_MLS and KELLER WILLIAMS ADVANTAGE REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

1028 Washington Palm Loop

DAVENPORT, FL 33897