For sale · Active

515 Verona Avenue

Davenport, FL 33897 · Regal Palms At Highland Reserve Ph 02

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3 beds2.5 baths1,457 sqftbuilt 2004

About this home

Live Where Others Vacation – Regal Palms Resort! Looking for your own Florida getaway or a fully furnished investment property with an established rental history? Welcome to this 3-bedroom, 2.5-bath townhome in the gated Regal Palms Resort community, where vacation-style living meets income-producing potential! Offered fully furnished, this property is ready for you to enjoy as a full-time residence, vacation retreat, or short-term rental investment. Located just one street away from the community's incredible resort amenities, this townhome puts relaxation, recreation, and entertainment practically at your doorstep! Enjoy a lazy river, waterslide, two swimming pools, indoor and outdoor hot tubs, fitness center, playground, arcade, on-site restaurant, ice cream parlor, and poolside movie nights. Whether you're enjoying a weekend escape, an extended stay, or welcoming vacation guests, there's something for everyone! Investors, take note! This property is located in a community that allows short-term rentals with no minimum-night stay requirement and a maximum stay of 90 days, offering flexibility for vacation rental opportunities. Even better, this townhome comes with an established rental history! According to the property's Airbnb performance report, it generated approximately $7,427 in rental revenue with 87 booked nights during August through October 2026, demonstrating its income-producing potential. The performance report is available for review upon request. And there's more to appreciate! The HVAC system and water heater were both replaced in April 2025, providing two important recent updates, and the roof was replaced in 2023. Plus, with the home being sold fully furnished, there's no need to start from scratch furnishing your Florida retreat or vacation rental! The monthly HOA fee of $706 adds convenience by covering high-speed Wi-Fi, cable TV, landscaping, and on-demand pest control services. Here's something else worth knowing: $238.88 of the monthly HOA fee is currently allocated toward repayment of a community loan used to purchase the clubhouse and on-site restaurant. That loan is scheduled to be paid off in September 2027, creating the possibility of a reduction in the monthly HOA fee once the obligation is satisfied. Any future adjustment would be subject to the association's budget and approval. Whether you're searching for a full-time residence, a vacation retreat, or an investment property with rental income potential, this townhome offers the flexibility to make it your own. Enjoy resort-style amenities, the convenience of included services, and the opportunity to own a piece of Florida's vacation lifestyle! Why just vacation here when you can own here? Schedule your private tour today!

The essentials

Status
Active
Property type
Townhouse
Year built
2004
Subdivision
Regal Palms At Highland Reserve Ph 02
County
Polk
MLS #
O6455673

Interior

Living area
1,457 sqft
Bedrooms
3
Bathrooms
2.5
Flooring
Carpet, Ceramic Tile
Interior features
Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Walk-In Closet(s), Window Treatments
Cooling
Central Air
Heating
Central, Electric

Exterior & lot

Lot size
1,860 Square Feet
Construction
Stucco
Roof
Shingle
Exterior features
Smart Lock(s), Sprinkler Metered

Community & costs

HOA fee
$706 Monthly
Association
Hope Douglas
Amenities
Barbecue, Cable TV, Clubhouse, Fitness Center, Gated, Optional Additional Fees, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub
Annual taxes
$3,299
Ownership
Fee Simple

Listing courtesy of HOMESMART · Stellar MLS. This information is believed to be accurate, but without warranty.