$195,000
230 Terra Lago Street
Davenport, FL 33897
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Looking for the perfect home away from home or a high performing SHORT TERM RENTAL near Orlando’s world-famous attractions? This FULLY FURNISHED, turn-key 3-bedroom/3-full bath townhome in Regal Palms at Highland Reserve in Davenport offers the best of both worlds – an effortless vacation retreat and a lucrative investment opportunity! Step inside to a bright and welcoming layout designed for comfort and convenience. The OPEN CONCEPT living and dining areas create an inviting space to relax or entertain, while sliding glass doors lead to a covered lanai, perfect for enjoying Florida’s warm evenings. The thoughtfully designed floor plan also features a well equipped kitchen and a MAIN FLOOR BEDROOM & FULL BATH, ideal for guests who prefer easy first-floor living. The second floor delivers additional spacious bedrooms that provide plenty of room for family and visitors, including a generous PRIMARY SUITE complete with a private en-suite bath, WALK-IN CLOSET, and its own PRIVATE BALCONY – a peaceful spot to start the day with coffee or unwind after a day at the parks. Located in the sought-after 24-HOUR ~ GUARD GATED ~ RESORT COMMUNITY of Regal Palms, this property is zoned for short term rentals, making it a fantastic opportunity for investors or anyone wanting a personal vacation getaway with income potential. Owners and guests enjoy true RESORT STYLE AMENITIES, including the famous Tropical Paradise pool complex with water slide and LAZY RIVER, a fitness center, Frankie Farrell’s Pub & Grille, a classic ice cream shop, huge arcade and play area, and year-round activities that capture the best of the Central Florida vacation lifestyle. Even better, the HOA covers lawn care, BASIC CABLE & INTERNET, pest control, VALET TRASH, roof replacement, exterior building maintenance, and ample parking, allowing for easy, LOW MAINTENANCE ownership whether you live here part-time or use it strictly as a rental property. Perfectly positioned in Davenport with easy access to US-27, US-192, and I-4, you are just minutes from Walt Disney World, Universal Studios, SeaWorld, Aquatica, ESPN Wide World of Sports, and premier golf destinations like Highlands Reserve Golf Club and Celebration Golf Club, along with endless shopping, dining, and entertainment options. Whether you are searching for a profitable short term rental investment or your own Central Florida escape, this fully furnished Regal Palms townhome delivers on the vacation lifestyle. Schedule your private tour today and discover why Terra Lago Street could be your next home away from home – or your next income producing property!
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 history58 days on market
- Status: ActiveApr 23, 2026
- Listed$199,900Mar 11, 2026
- Price reduced$195,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Townhouse
- Status
- Active
- Days on market
- 58
- Subdivision
- Regal Palms At Highland Reserve
- County
- Polk
- Year built
- 2004
- Living area
- 1,492 sq ft
- Price/sq ft
- $131
- Building area
- 1,577 sq ft (Public Records)
- Lot size
- 1,812 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12105C0100G)
- Annual taxes
- $3,022 (2025)
- Parcel #
- 26-25-14-999962-000650
- MLS #
- O6388947
Interior Details
- Bedrooms
- 3
- Full bathrooms
- 3
- Flooring
- Carpet, Ceramic Tile
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
- Laundry
- Laundry Room, Upper Level
- Stories / Levels
- Two
- Direction faces
- South
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- 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 HOA
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- NO long-term rentals allowed, maximum 90 day period. Buyer to verify leasing restrictions with HOA and/or city/county
- Approval process
- Buyer to verify approval restrictions with HOA and/or city/county
Exterior & Construction
- Exterior features
- Balcony, Lighting
- Construction materials
- Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 12x7 |
| Dining Room | First | 17x8 |
| Living Room | First | 13x12 |
| Primary Bedroom | Second | 17x10 |
| Primary Bathroom | Second | 13x7 |
| Bedroom 2 | Second | 15x12 |
| Bedroom 3 | First | 13x10 |
| Laundry | Second | 7x6 |
Listing Details
- Listing date
- 2026-03-03
- On market date
- 2026-03-11
- Original list price
- $199,900
- Occupant type
- Tenant
- MLS area
- 33897 - Davenport
- Listing AOR
- Orlando Regional
- Status changed
- 2026-04-23
- Tax legal description
- REGAL PALMS AT HIGHLAND RESERVE PB 122 PGS 5 & 6 LOT 65
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 Miramar Ave, turn right onto Terra Lago St. Home will be on the left.
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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 June 1, 2026 at 6:52 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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