$275,000
353 Terra Lago Street
Davenport, FL 33897
Listing updated: May 28, 2026 at 7:47 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
LOCATION • LOCATION • LOCATION*** MOTIVATED SELLER*** Prime short-term rental location minutes from Disney—where demand stays strong year-round. About a mile from highway 192 where you will find shopping restaurants, movie theaters, Margarita Ville and more! This turnkey corner unit at Regal Palms presents a high-performance investment opportunity, fully zoned for short-term rentals and thoughtfully designed to maximize revenue. The rare floor plan features a first-floor guest suite with a private entrance, offering the unique ability to generate dual rental income streams from a single property. Beyond the interior, Regal Palms is a proven vacation destination, attracting consistent guest demand with resort-style amenities including a tropical pool pavilion with lazy river and waterslide, onsite pub and grille, fitness center, and expansive arcade. Ideally located just minutes from Disney and world-class Omni and Champions Gate golf, courses! This property delivers a true passive ownership experience, with the HOA covering roof, exterior, utilities, and grounds—allowing owners to focus entirely on returns. Schedule your private tour today. HVAC was completely rebuilt with new parts in 2025, roof is 4 yrs old and the hot water heater is 2 yrs old.
Local Insight
At $148/sqft, you're getting solid value for a 4-bed townhouse in the Davenport market, and the X flood zone keeps insurance costs reasonable—but that $706 monthly HOA is steep and worth calculating against your long-term ownership costs, especially if you're comparing to single-family homes in the area. The 2004 construction and tight 0.08-acre lot are typical for this subdivision, so focus your inspection on the HVAC system and any deferred maintenance rather than banking on renovations adding significant equity.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history127 days on market
- Status: ActiveJan 21, 2026
- Listed$295,000Jan 21, 2026
- Price reduced$275,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Townhouse
- Status
- Active
- Days on market
- 127
- Subdivision
- Regal Palms At Highland Reserve
- County
- Polk
- Year built
- 2004
- Living area
- 1,856 sq ft
- Price/sq ft
- $148
- Building area
- 1,916 sq ft (Public Records)
- Lot size
- 3,615 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- x
- Annual taxes
- $3,655 (2025)
- Parcel #
- 26-25-14-999962-000730
- MLS #
- O6374201
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 3
- Half bathrooms
- 1
- Flooring
- Carpet, Laminate, Tile
- Appliances
- Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
- Laundry
- Inside
- Stories / Levels
- Two
- Direction faces
- North
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Attached garage
- No
- Parking features
- Driveway
HOA & Financial
- HOA fee
- $706 / Monthly
- Monthly HOA
- $706/mo
- Total monthly fees
- $706/mo
- Total annual fees
- $8,472
- HOA name
- Regal Palms Homeowners Association
- CDD
- No
- Min lease term
- 1-7 Days
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Verify with HOA
- Approval process
- Verify with HOA
Exterior & Construction
- Exterior features
- Balcony, Sidewalk, Sliding Doors
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 14x8 |
| Primary Bedroom | Second | 18x12 |
| Living Room | First | 17x15 |
| Bedroom 2 | First | 14x12 |
| Bedroom 3 | Second | 12x10 |
| Bedroom 4 | Second | 12x10 |
Listing Details
- Listing date
- 2026-01-21
- On market date
- 2026-01-21
- Original list price
- $295,000
- Occupant type
- Tenant
- MLS area
- 33897 - Davenport
- Listing AOR
- Orlando Regional
- Status changed
- 2026-01-21
- Tax legal description
- REGAL PALMS AT HIGHLAND RESERVE PB 122 PGS 5 & 6 LOT 73
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From HWY 192 and HWY 27, head south on HWY 27. Turn right on Sand Mine Road, resort is on your right. Go to reception desk for gate pass, show ID.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of May 28, 2026 at 7:47 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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