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.
Sold for $286,500
$286,500
1028 Washington Palm Loop, Davenport, FL 33897
4beds
1,811sqft
Townhouse
Built in 2005
1,241 Square Feet Lot
$268,200 Zestimate®
$158/sqft
$1,984 Estimated rent
Home value
$268,200
$255,000 - $282,000
$1,984/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Kristin Duncan 407-274-5911,
KELLER WILLIAMS ADVANTAGE REALTY 407-977-7600
Bought with:
Louisa Ghali, 3242120
GHALI REALTY, INC
Source: Stellar MLS,MLS#: O6138752
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: Second
- Dimensions: 12x14
Bedroom 2
- Features: Built-in Closet
- Level: Second
Bedroom 3
- Features: Built-in Closet
- Level: Second
Bedroom 4
- Level: First
Primary bathroom
- Level: Second
Kitchen
- Level: First
- Dimensions: 8x12
Living room
- Level: First
- Dimensions: 12x16
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Inside, Laundry Closet
Features
- Ceiling Fan(s), PrimaryBedroom Upstairs, Open Floorplan, Thermostat, Walk-In Closet(s)
- Flooring: Laminate, Tile
- Doors: Sliding Doors
- Windows: Blinds
- Has fireplace: No
Interior area
- Total structure area: 1,816
- Total interior livable area: 1,811 sqft
Property
Features
- Levels: Two
- Stories: 2
- Exterior features: Rain Gutters, Sidewalk
Lot
- Size: 1,241 Square Feet
- Features: In County, Level, Sidewalk
Details
- Parcel number: 262502485750000390
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Community Mailbox, Deed Restrictions, Playground
- Pet fee: $0 monthly
- Subdivision: BIMINI BAY PH 01
HOA
- Has HOA: Yes
- Amenities included: Playground
- Services included: Maintenance Structure, Maintenance Grounds, Trash
- HOA fee: $150 monthly
- HOA name: Nancy Forian
- HOA phone: 407-414-4115
Location
- Region: Davenport
Financial & listing details
- Price per square foot: $158/sqft
- Tax assessed value: $244,000
- Annual tax amount: $2,647
- Date on market: 9/22/2023
- Cumulative days on market: 6 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 11400
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2023 | Sold | $286,500-7.6%$158/sqft |
Source:  Stellar MLS #O6138752 Report a problem | ||
| 9/29/2023 | Pending sale | $310,000$171/sqft |
Source: Stellar MLS #O6138752 Report a problem | ||
| 9/22/2023 | Listed for sale | $310,000+113.8%$171/sqft |
Source: Stellar MLS #O6138752 Report a problem | ||
| 11/20/2020 | Listing removed | $775 |
Source: RENTAL AND REALTY GROUP #S5038689 Report a problem | ||
| 10/15/2020 | Price change | $775-3.1% |
Source: RENTAL AND REALTY GROUP #S5038689 Report a problem | ||
| 8/28/2020 | Listed for rent | $800-5.9% |
Source: RENTAL AND REALTY GROUP #S5038689 Report a problem | ||
| 11/16/2018 | Listing removed | $850 |
Source: Rental and Realty Group Report a problem | ||
| 11/3/2018 | Price change | $850-29.2% |
Source: Rental and Realty Group Report a problem | ||
| 10/12/2018 | Price change | $1,200-5.9%$1/sqft |
Source: Rental and Realty Group Report a problem | ||
| 10/3/2018 | Price change | $1,275-5.6%$1/sqft |
Source: Rental and Realty Group Report a problem | ||
| 9/21/2018 | Sold | $145,000+0.1%$80/sqft |
Source: Public Record Report a problem | ||
| 9/21/2018 | Listed for rent | $1,350+69.8%$1/sqft |
Source: Rental and Realty Group Report a problem | ||
| 7/20/2018 | Listed for sale | $144,900+195.7%$80/sqft |
Source: PALM BLUE REALTY LLC #S5004634 Report a problem | ||
| 2/13/2012 | Listing removed | $795 |
Source: HAMILTON REALTY #S4691551 Report a problem | ||
| 11/12/2011 | Listed for rent | $795 |
Source: HAMILTON REALTY #S4691551 Report a problem | ||
| 4/8/2010 | Sold | $49,000-75.1%$27/sqft |
Source: Public Record Report a problem | ||
| 12/12/2005 | Sold | $197,000$109/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,155 +0.1% | $244,000 +0.2% |
| 2024 | $3,152 +37.2% | $243,500 +59.8% |
| 2023 | $2,297 +10.9% | $152,400 +10% |
| 2022 | $2,072 +13.6% | $138,545 +10% |
| 2021 | $1,824 +14% | $125,950 +10% |
| 2020 | $1,600 +1% | $114,500 +4.1% |
| 2019 | $1,584 -24.9% | $110,000 +22.9% |
| 2018 | $2,109 +34% | $89,500 +62.6% |
| 2017 | $1,574 +91% | $55,058 +10% |
| 2016 | $825 +3.9% | $50,053 +10% |
| 2015 | $794 -17.1% | $45,503 +10% |
| 2014 | $957 +52.8% | $41,366 +10% |
| 2013 | $627 +19.2% | $37,605 +10% |
| 2012 | $526 -1.1% | $34,186 +0% |
| 2011 | $532 -11.2% | $34,172 -10.5% |
| 2010 | $599 -68.2% | $38,182 -66.2% |
| 2009 | $1,883 -39.1% | $112,855 -43.4% |
| 2008 | $3,092 | $199,220 |
| 2007 | -- | -- |
| 2006 | $3,113 | -- |
| 2005 | -- | -- |
Find assessor info on the county website
Neighborhood: 33897
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Nearby schools
GreatSchools rating
- 4/10Citrus Ridge: A Civics AcademyGrades: PK-8Distance: 1.8 mi
- 3/10Davenport High SchoolGrades: 9-12Distance: 9 mi
Schools provided by the listing agent
- Elementary: Citrus Ridge
- Middle: Davenport School of the Arts
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$268,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$268,200
- Florida
- Polk County
- Davenport
- 33897
- 1028 Washington Palm Loop
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