1559 Palmero WAY, Davenport, FL, 33896 | $805,000

Introducing a remarkable Luxury Short/Long -Term Rental Retreat in the esteemed Champions Gate community of sunny Florida, boasting over $100K in breathtaking design upgrades. This exquisite 8-bedroom, 5-bathroom haven has been meticulously enhanced with themed bedrooms, a converted garage, and a state-of-the-art movie theater, solidifying its status as a premier destination among self-managed vacation rentals. This high-end luxury turnkey investment property yields upwards of $100, 000 USD in gross rentals annually. Outside, the property showcases a decorative driveway, walkway pavers, and a tiled roof, exuding curb appeal and sophistication. Upon entry, guests are immediately drawn to the home's elegance and style. The kitchen features stainless steel appliances and 42" cabinets, ideal for crafting culinary delights for visitors. Disney-themed rooms and high-quality laminate flooring throughout the bedrooms and living areas further enhance the home's allure, while modern and functional decor adds a touch of sophistication. Outdoors, a sparkling private pool & hot tub, complete with an Aqualink remote control & monitoring system, await, offering the perfect respite from the Florida heat on the full-width lanai. Indulge in cinematic experiences in the private movie theater room, boasting plush seating and a 100-inch high-definition projector. Efficiency is paramount with Seer 15 dual-zone A/C, while residents also enjoy access to the Oasis Club at Champions Gate, featuring resort-style amenities such as pools, a lazy river, and a fitness center. Conveniently located near Walt Disney World, Universal Studios, golf courses, shopping, and dining, this home is a highly sought-after destination for vacationers. For those seeking a self-managed, high-performing short-term rental property that sets a new standard for luxury and entertainment, look no further. Don't miss the opportunity to own this stunning property and embark on a journey of impressive rental income and unforgettable guest experiences. Schedule a showing today and let this remarkable property exceed your expectations.

Features

  • Rooms: 10
  • Bedrooms: 8
  • Baths: 5 full
  • Laundry: Laundry Room
  • Year Built: 2018
  • Garage: 2-car
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 3,909
  • Acreage: 0.15
  • Est. Taxes: $11,488
  • HOA Fee: $433 Monthly
  • Elem. School: Westside K-8
  • Middle School: Discovery Intermediate
  • High School: Poinciana High School
  • Pool: Child Safety Fence, Gunite, In Ground, Screen Enclosure
  • Pet Policy: Breed Restrictions
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • MLS#: O6182045
  • Days on Market: 56 days
  • Website: https://www.raveis.com
    /prop/O6182045/1559palmeroway_davenport_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/15/2024 1:02:10 PM)
Listing courtesy of DOUGLAS ELLIMAN   Phone: 305-695-6070

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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Our Insurance Division:

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1559 Palmero WAY, Davenport, FL, 33896

$805,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $644,000 $644,000 $644,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.133% 6.256%
Monthly Tax Payment $957 $957 $957
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,393 $4,280 $5,431
Total Monthly Payment $5,442 $5,329 $6,480

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.