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Key Details
Sold Price $350,000
Property Type Townhouse
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,492 sqft
Price per Sqft $234
Subdivision Regal Palms At Highland Reserve
MLS Listing ID O6093239
Sold Date 06/02/23
Bedrooms 4
Full Baths 3
Construction Status Appraisal,Financing,Inspections
HOA Fees $638/mo
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 2004
Annual Tax Amount $2,416
Lot Size 1,742 Sqft
Acres 0.04
Property Description
An investor’s dream!
Location! Location! Location!
329 Verona is now available for purchase with $54,587 IN GROSS TOTAL RENTAL INCOME for 2022, approximately 10% return on investment. Situated on the first street in the community, a short 2-minute walk to the Clubhouse and all the amenities Regal Palms Resort has to offer. This amazing property is rented through VRBO and Airbnb by super hosts with hundreds of 5-star reviews! In 2022, this unit rented for 290 days at $188.23 nightly average. How is this possible you ask? This property was completely gutted in 2016 adding solid wood cabinets and granite countertops to kitchen and bathrooms, stainless steel backsplash in the kitchen, stainless steel Whirlpool Gold series appliances and Whirlpool Duet washer/dryer.
Other updates include:
*NEW hot water heater with a 6-year warranty (2023)
*NEW 3 sets of King Sheets, 6 sets of Queen Sheets, 3 sets of Full Sheets, 24 bath towels, 24 hand towels and 48 face clothes (2023)
*NEW luxury vinyl (waterproof) in main floor bedroom, stairs & 3 upper bedrooms (2022)
*Painted walls & baseboards touch-up (2021)
*Yale Wi-Fi operated deadbolt (sync with Airbnb & VRBO) (2021)
*Ring doorbell (2021)
*Ring floodlight camera in back porch (2021)
*NEW tables, stools, some beds, some mattresses (2021)
*NEW roof (2021)
*A/C unit (2017 with 5 years left on warranty).
Located minutes from Disney, shopping and restaurants. Don't miss this incredibly well-kept vacation home/income opportunity. Call today to view this property in person or virtually!
Location
State FL
County Polk
Community Regal Palms At Highland Reserve
Rooms
Other Rooms Inside Utility
Interior
Interior Features Walk-In Closet(s)
Heating Heat Pump
Cooling Central Air
Flooring Tile, Vinyl
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer
Exterior
Exterior Feature Sliding Doors
Garage Assigned, None
Community Features Pool
Utilities Available Cable Connected, Electricity Connected, Fire Hydrant
Waterfront false
Roof Type Shingle
Porch Deck, Patio, Porch
Parking Type Assigned, None
Garage false
Private Pool No
Building
Lot Description Level, Sidewalk, Paved
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Pets Allowed Yes
HOA Fee Include Cable TV, Pool, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Private Road, Recreational Facilities, Security, Trash
Senior Community No
Ownership Fee Simple
Monthly Total Fees $638
Acceptable Financing Cash, Conventional
Membership Fee Required Required
Listing Terms Cash, Conventional
Special Listing Condition None
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