$63,000
●
Condo -
Off Market
43420 Highway 27 #321
DAVENPORT, FL 33837
Studio
1 Bath
300 Sqft
$615
Estimated Monthly
$242
HOA / Fees
18.45%
Cap Rate
About This Property
Investor's Dream Opportunity at Tropicana Resort!
New listing on MLS for investors to jump on! Five 1-bedroom studio apartment units available for individual purchase or as a package deal. Located just off Hwy 27, opposite Posner Town Center, in the desirable Tropicana Resort area, this property presents an enticing investment prospect.
?? Unit Numbers: 322, 321, 344, 347, and 158
?? Price per Unit: $65,000
??? Potential: Light upgrades could significantly boost rental income.
??? Location: Tropicana Resort - a prime rental area
?? Amenities: Enjoy a beautiful courtyard and pool within the complex.
?? Convenience: Adjacent to I4 for easy access.
?? Additional Amenities: Shared laundry service available on-site.
?? Current Status: Units 158, 347, and 344 are occupied. Units 321 and 322 are open for viewing.
?? Rental Potential: With minor upgrades, rental rates could reach $1,000 - $1,200/month.
?? Investment Strategy: Maximize returns with a modest investment in upgrades.
?? Utilities Included: Water, electricity, and cable TV covered by HOA.
?? Rental Terms: Long-term rentals of 6+ months.
Don't miss out on this lucrative opportunity! Act fast before it's gone!
New listing on MLS for investors to jump on! Five 1-bedroom studio apartment units available for individual purchase or as a package deal. Located just off Hwy 27, opposite Posner Town Center, in the desirable Tropicana Resort area, this property presents an enticing investment prospect.
?? Unit Numbers: 322, 321, 344, 347, and 158
?? Price per Unit: $65,000
??? Potential: Light upgrades could significantly boost rental income.
??? Location: Tropicana Resort - a prime rental area
?? Amenities: Enjoy a beautiful courtyard and pool within the complex.
?? Convenience: Adjacent to I4 for easy access.
?? Additional Amenities: Shared laundry service available on-site.
?? Current Status: Units 158, 347, and 344 are occupied. Units 321 and 322 are open for viewing.
?? Rental Potential: With minor upgrades, rental rates could reach $1,000 - $1,200/month.
?? Investment Strategy: Maximize returns with a modest investment in upgrades.
?? Utilities Included: Water, electricity, and cable TV covered by HOA.
?? Rental Terms: Long-term rentals of 6+ months.
Don't miss out on this lucrative opportunity! Act fast before it's gone!
Unit Size
300Ft²
Days on Market
42 days
Land Size
-
Price per sqft
$217
Property Type
Condo
Property Taxes
$54
HOA Dues
$242
Year Built
-
Last updated: 28 days ago (Stellar MLS #O6180925)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2024 | Sold | $63,000 | |
| Sold | |||
| Mar 21, 2024 | In contract | - | |
| In contract | |||
| Feb 23, 2024 | In contract | - | |
| In contract | |||
| Feb 21, 2024 | Listed by EPIC FLORIDA REALTY LLC | $65,000 | |
| Listed by EPIC FLORIDA REALTY LLC | |||
Property Highlights
Air Conditioning
Interior Details
Bathroom Information
Full Bathrooms: 1
Interior Information
Interior Features: Open Floorplan
Appliances: Microwave, Refrigerator
Flooring Type: Ceramic Tile
Laundry Features: Common Area
Room Information
Rooms: 3
Exterior Details
Property Information
Square Footage: 300
Square Footage Source: $0
Year Built: 1999
Building Information
Building Area Total: 300
Levels: One
Construction Materials: Brick
Lot Information
Lot Size Area: 181
Lot Size Units: Square Feet
Lot Size Square Feet: 181
Tax Lot: 321
Land Information
Water Source: Public
Financial Details
Tax Annual Amount: $642
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA Fee: $242
HOA Fee Frequency: Monthly
43420 Highway 27 #321, DAVENPORT, FL, 33837
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
11/15/2023
|
1 Bed
|
1 Bath
|
300 ft²
|
$70,000
1 Bed
1 Bath
300 ft²
|
$61,000
-12.86%
12/19/2023
|
-
|
Nicole Watts
WATTS FAMILY BROKERS LLC
|
|
|
03/24/2023
|
1 Bed
|
1 Bath
|
300 ft²
|
$60,000
1 Bed
1 Bath
300 ft²
|
$55,000
-8.33%
07/11/2023
|
-
|
Ashlei Diaz
BHHS FLORIDA PROPERTIES GROUP
|
|
|
01/26/2023
|
1 Bed
|
1 Bath
|
300 ft²
|
$65,000
1 Bed
1 Bath
300 ft²
|
-
-
|
-
|
Jackie Millan
KELLER WILLIAMS ADVANTAGE III
|
|
|
09/19/2022
|
1 Bed
|
1 Bath
|
300 ft²
|
$55,000
1 Bed
1 Bath
300 ft²
|
-
-
|
-
|
Livia Petraru
KELLER WILLIAMS WINTER PARK
|
|
|
04/29/2022
|
1 Bed
|
1 Bath
|
300 ft²
|
$68,000
1 Bed
1 Bath
300 ft²
|
-
-
|
-
|
James McQuade
MAGNUS REALTY GROUP LLC
|
|
|
07/14/2022
|
1 Bed
|
1 Bath
|
300 ft²
|
$62,500
1 Bed
1 Bath
300 ft²
|
-
-
|
-
|
Carmen Montes
STACEY TOWNS REALTY LLC
|
|
|
05/31/2022
|
1 Bed
|
1 Bath
|
300 ft²
|
$52,000
1 Bed
1 Bath
300 ft²
|
-
-
|
-
|
Carmen Montes
STACEY TOWNS REALTY LLC
|
|
|
07/09/2020
|
1 Bed
|
1 Bath
|
300 ft²
|
$45,000
1 Bed
1 Bath
300 ft²
|
-
-
|
-
|
-
|
|
|
06/11/2020
|
1 Bed
|
1 Bath
|
300 ft²
|
$45,000
1 Bed
1 Bath
300 ft²
|
-
-
|
-
|
-
|
|
|
05/11/2020
|
Studio
|
1 Bath
|
300 ft²
|
$34,900
Studio
1 Bath
300 ft²
|
-
-
|
-
|
-
|
Building Info
About Polk
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Listed by: Ryan Green
EPIC FLORIDA REALTY LLC
Last Updated: 28 days ago
Data Source: Stellar MLS, MLS# O6180925
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
EPIC FLORIDA REALTY LLC
Last Updated: 28 days ago
Data Source: Stellar MLS, MLS# O6180925
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
