$63,000
SOLD APR 3, 2024

43420 Highway 27 Unit 347 Davenport, FL 33837

-- Bed
1 Bath
300 Sq Ft
$242/mo HOA Fee

Recently Sold

$210 Per Sq Ft

3% Below List Price

27 Days on Market

Highlights

  • Active Adult
  • Community Pool
  • Ceramic Tile Flooring
  • Open Floorplan
  • Courtyard
  • Central Heating and Cooling System

About This Home

As of April 2024

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!

Last Agent to Sell the Property

Ryan Green

EPIC FLORIDA REALTY LLC License #680516 Listed on: 02/21/2024

Last Buyer's Agent

Maritza Diaz

TOP AGENCY REALTY INC License #3306596

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $642

Year Built

  • Built in 1999

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Entry on the 1st floor
  • Studio
  • Brick Exterior Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1 Full Bathroom
  • 300 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceramic Tile Flooring
  • Microwave

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Courtyard
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 27-26-18-704452-003470

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, pool, electricity, maintenance structure, ground maintenance, maintenance, pest control, sewer, trash, water
  • Tropicana Resort Condominium Association, Inc. Association, Phone Number (407) 545-5979
  • Visit Association Website
  • Tropicana Resort A Condo Subdivision

Amenities

  • Laundry Facilities
  • Community Mailbox

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$642

Year Built

Built in 1999

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Electricity, Maintenance Structure, Maintenance Grounds, Maintenance, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Brick
  • Fireplace: No
  • Living Area: 300
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 300
  • Lot Size Sq Ft: 182
  • Directions to Property: Turn right to merge onto SR-429 South, 5.8 miles take exit 55 onto US-27 toward Haines City, Clermont, .5 mile turn right onto US-27 S, .8 the destination is on the right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 578118771
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 210.00
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Studio/Efficiency
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Open Floorplan
  • Appliances Included: Microwave, Refrigerator
  • Foundation Details: Concrete Perimeter
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 43420
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 27.87
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Exterior Features: Courtyard, Sidewalk
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Mailbox, Pool, Sidewalks
  • Association Amenities: Cable TV, Laundry, Pool
  • Association Fee: 242
  • Association Fee Frequency: Monthly
  • Association Name: Tropicana Resort Condominium Association, Inc.
  • Phone: 407-545-5979
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: bbstage@stagelaw.com
  • Association URL: www.stagelaw.com

Fee Information

  • Total Annual Fees: 2904.00
  • Total Monthly Fees: 242.00
  • Monthly HOA Amount: 242.00

Lot Info

  • Parcel Number: 27-26-18-704452-003470
  • Additional Parcels: No
  • Flood Zone Code: x
  • Homestead YN: 0
  • Lot Size Square Meters: 17

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: The buyer will also need to submit an application and fee for a background check directly to the Association. You can contact the Association at tropicanasecretary13z@gmail.com or call them at 863-420-4106 once the Unit is under contract.

Tax Info

  • Tax Annual Amount: 642.04
  • Tax Book Number: 4020/274

Multi Family

  • Approval Process: The buyer will also need to submit an application and fee for a background check directly to the Association. You can contact the Association at tropicanasecretary13z@gmail.com or call them at 863-420-4106 once the Unit is under contract.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Apr 2, 2024
Sold by
Appb Investment Group Llc
Bought by
America Association Llc
Seller's Agent
Ryan Green
EPIC FLORIDA REALTY LLC
Buyer's Agent
Maritza Diaz
TOP AGENCY REALTY INC
List Price
$65,000
Sold Price
$63,000
Premium/Discount to List
-$2,000
-3.08%
Views
52
Current Estimated Value
$61,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,201
Avg. Annual Appreciation
-1.27%

Purchase Details

Closed on
Sep 20, 2021
Sold by
U S Nineteen Inc
Bought by
Appb Investment Group Llc

Purchase Details

Closed on
Nov 15, 2018
Sold by
County Of Polk
Bought by
Us Nineteen Inc

Purchase Details

Closed on
Oct 24, 2018
Sold by
County Of Polk
Bought by
Vinas Luis P Guzzett

Purchase Details

Closed on
Jun 18, 1999
Sold by
Disouth Development
Bought by
Guzzetti-Vinas Luis P and Lazaro-Javier Muriel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,990
Interest Rate
7.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $63,000 Pilgrim Title & Closing Servic
Warranty Deed $63,000 Pilgrim Title & Closing Servic
Warranty Deed $300,000 Attorney
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $20,200 None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Available
Warranty Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $29,990 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2024 04/03/24 Sold $63,000 -3.1% $210 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $65,000 0.0% $217 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $65,000 -- $217 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $684 $49,000 $100 $48,900
2024 $642 $34,485 -- --
2023 $642 $31,350 $0 $0
2022 $554 $28,500 $100 $28,400
2021 $426 $14,850 $0 $0
2020 $348 $13,500 $100 $13,400
2018 $257 $12,000 $100 $11,900
2017 $250 $5,445 $0 $0
2016 $274 $4,950 $0 $0
2015 $68 $4,500 $0 $0
2014 $229 $5,314 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O6180950

Stellar MLS

APN: 27-26-18-704452-003470