Sold furnished and currently used as a short-term rental, this four-bedroom, three-bath townhouse pairs the space of a two-story home with the amenities of Regal Palms Resort. Palm trees frame the front approach, while inside, soft coastal colors, white kitchen cabinetry, and connected living and dining areas create an inviting setting for time together between days out in Central Florida. The kitchen opens to the main living space across a breakfast bar, with stainless steel appliances and ceramic tile flooring keeping the look clean and simple. Beyond the dining area, the living room opens through sliding glass doors to a covered rear porch, adding a shaded spot for morning coffee or an evening outdoors. A bedroom and full bathroom on the first floor give guests an alternative to the upstairs sleeping areas, and a separate laundry area keeps practical needs close at hand. Upstairs, the primary suite offers a generous bedroom, closet storage, and a private bathroom with a tub-shower combination and vanity. Two additional bedrooms and a third full bathroom complete the 1,492-square-foot layout, giving the home four distinct sleeping spaces without sacrificing its shared living areas. The resort experience continues beyond the front door: float along the lazy river, spend an afternoon at the waterslide and zero-entry pool, or make use of the clubhouse, fitness center, spa, playground, and on-site dining. Set in Davenport within Regal Palms at Highland Reserve, the home brings furnished accommodations, a flexible bedroom arrangement, and an established resort setting together in one Central Florida property. Buyers should verify association requirements, permitted occupancy and rental use, and any separate resort or amenity fees.
For sale
$285,000
121 PALERMO STREET, DAVENPORT, FL 33897
4beds
1,492sqft
Townhouse
Built in 2005
1,856 Square Feet Lot
$278,000 Zestimate®
$191/sqft
$637/mo HOA
What's special
Soft coastal colorsSeparate laundry areaCovered rear porchWhite kitchen cabinetryCeramic tile flooringStainless steel appliances
- 15 days
- 98
- 8
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Peter Luu 321-917-7864,
REAL BROKER, LLC 855-450-0442,
Ed Luther 407-504-9233,
REAL BROKER, LLC
Source: Stellar MLS,MLS#: O6444782
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Ceiling Fan(s), Built-in Closet
- Level: Second
- Area: 180 Square Feet
- Dimensions: 15x12
Bedroom 2
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Features: Built-in Closet
- Level: Second
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 4
- Features: Built-in Closet
- Level: Second
- Area: 100 Square Feet
- Dimensions: 10x10
Primary bathroom
- Features: Makeup/Vanity Space, Tub With Shower
- Level: Second
- Area: 56 Square Feet
- Dimensions: 7x8
Bathroom 2
- Features: Tub With Shower
- Level: First
- Area: 45 Square Feet
- Dimensions: 5x9
Bathroom 3
- Features: Tub With Shower
- Level: Second
- Area: 40 Square Feet
- Dimensions: 5x8
Balcony porch lanai
- Level: First
Dining room
- Level: First
- Area: 128 Square Feet
- Dimensions: 16x8
Kitchen
- Level: First
- Area: 96 Square Feet
- Dimensions: 8x12
Laundry
- Level: First
- Area: 18 Square Feet
- Dimensions: 6x3
Living room
- Level: First
- Area: 144 Square Feet
- Dimensions: 12x12
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Range
- Laundry: Inside
Features
- Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Thermostat
- Flooring: Carpet, Ceramic Tile, Laminate
- Doors: Sliding Doors
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 1,577
- Total interior livable area: 1,492 sqft
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Rear Porch
- Exterior features: Lighting, Rain Gutters
Lot
- Size: 1,856 Square Feet
- Residential vegetation: Mature Landscaping
Details
- Parcel number: 262514999954002430
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Architectural style: Florida,Mediterranean
- Property subtype: Townhouse
Materials
- Block, Stucco, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2005
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Features: Clubhouse, Deed Restrictions, Fitness Center, Gated Community - No Guard, Park, Playground, Pool, Sidewalks
- Security: Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: REGAL PALMS AT HIGHLAND RESERVE
HOA
- Has HOA: Yes
- Services included: Community Pool, Recreational Facilities, Security
- HOA fee: $637 monthly
- HOA name: Regal Palms Owners Association / Jonathan Watson
- HOA phone: 863-424-6141
Location
- Region: Davenport
Financial & listing details
- Price per square foot: $191/sqft
- Tax assessed value: $210,500
- Annual tax amount: $3,131
- Date on market: 10/23/2026
- Cumulative days on market: 16 days
- Listing terms: Cash,Conventional,FHA,Other,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Asphalt, Paved
Estimated market value
$278,000
$264,000 - $292,000
$2,291/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2026 | Listed for sale | $285,000$191/sqft |
Source: | ||
| 3/1/2026 | Listing removed | $285,000$191/sqft |
Source: | ||
| 11/5/2025 | Price change | $285,000-1.7%$191/sqft |
Source: | ||
| 9/23/2025 | Price change | $289,999-1.7%$194/sqft |
Source: | ||
| 8/29/2025 | Listed for sale | $294,9990%$198/sqft |
Source: | ||
| 8/19/2025 | Listing removed | $295,000$198/sqft |
Source: | ||
| 8/15/2025 | Listing removed | $2,800$2/sqft |
Source: Stellar MLS #O6309678 Report a problem | ||
| 6/4/2025 | Price change | $295,000-3.3%$198/sqft |
Source: | ||
| 5/21/2025 | Listed for rent | $2,800$2/sqft |
Source: Stellar MLS #O6309678 Report a problem | ||
| 2/25/2025 | Price change | $305,000-4.7%$204/sqft |
Source: | ||
| 11/15/2024 | Listed for sale | $320,000+32.2%$214/sqft |
Source: | ||
| 9/28/2024 | Listing removed | $242,000-16.6%$162/sqft |
Source: | ||
| 5/12/2023 | Sold | $290,000-3.3%$194/sqft |
Source: Public Record Report a problem | ||
| 5/1/2023 | Pending sale | $300,000$201/sqft |
Source: | ||
| 4/13/2023 | Listed for sale | $300,000+30.4%$201/sqft |
Source: | ||
| 9/29/2021 | Sold | $230,000-5%$154/sqft |
Source: Public Record Report a problem | ||
| 9/15/2021 | Pending sale | $242,000+170.4%$162/sqft |
Source: | ||
| 10/6/2017 | Sold | $89,500$60/sqft |
Source: Public Record Report a problem | ||
| 9/19/2017 | Price change | $89,500-10.1%$60/sqft |
Source: CHANGING LATITUDES REAL ESTATE SERVICES, LLC #S4849224 Report a problem | ||
| 9/2/2017 | Price change | $99,500+11.2%$67/sqft |
Source: CHANGING LATITUDES REAL ESTATE SERVICES, LLC #S4849224 Report a problem | ||
| 9/2/2017 | Pending sale | $89,500$60/sqft |
Source: CHANGING LATITUDES REAL ESTATE SERVICES, LLC #S4849224 Report a problem | ||
| 7/19/2017 | Listed for sale | $89,500+665%$60/sqft |
Source: CHANGING LATITUDES REAL ESTATE SERVICES, LLC #S4849224 Report a problem | ||
| 4/3/2014 | Sold | $11,700-94.3%$8/sqft |
Source: Public Record Report a problem | ||
| 7/28/2005 | Sold | $205,000$137/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,722 -13.1% | $210,500 -13% |
| 2024 | $3,132 -2.2% | $242,000 +0.9% |
| 2023 | $3,204 +10.6% | $239,800 +10% |
| 2022 | $2,896 +72.3% | $218,000 +93.8% |
| 2021 | $1,681 +5.7% | $112,470 +10% |
| 2020 | $1,591 +14.2% | $102,245 +10% |
| 2019 | $1,393 -13.4% | $92,950 +10% |
| 2018 | $1,608 +12.4% | $84,500 -2.9% |
| 2017 | $1,431 +6.4% | $87,000 -4.4% |
| 2016 | $1,345 +5.7% | $91,000 +8.3% |
| 2015 | $1,273 -8.4% | $84,000 +3.8% |
| 2014 | $1,389 +15.3% | $80,963 +10% |
| 2013 | $1,205 +16.3% | $73,603 +10% |
| 2012 | $1,036 +9.4% | $66,912 +10% |
| 2011 | $947 -11.5% | $60,829 -10.8% |
| 2010 | $1,069 -37.2% | $68,205 -33.1% |
| 2009 | $1,702 -47.2% | $101,984 -50.9% |
| 2008 | $3,225 | $207,816 |
| 2007 | -- | -- |
| 2006 | $2,949 | -- |
| 2005 | -- | -- |
Find assessor info on the county website
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