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$235,000

220 TERRA LAGO STREET, DAVENPORT, FL 33897

Active62 days on market

Beds

3

Baths

3

Sq Ft

1,457 sq ft

Year Built

2004

Lot Size

0.04 acres

Garage

,

About This Property

Fully furnished 3-bedroom, 2.5-bath townhome in the highly desirable Regal Palms Resort, a 24-hour guard-gated community less than 10 miles from Walt Disney World. Zoned for short-term rentals, this turnkey property is ideal as a primary residence, vacation home, or income-producing investment. The open floor plan offers comfortable living and dining spaces with well-appointed bedrooms, making it ready for immediate enjoyment or rental. Resort-style amenities include a lazy river, water slide, resort pools, full-service spa, fitness center, arcade, playground, volleyball court, on-site restaurant, bar, ice cream shop, and beautifully landscaped tropical grounds. The owner-friendly HOA provides exceptional amenities while making ownership easy. Conveniently located just off Highway 27 with quick access to Publix Supermarket , main shopping centers, coffee shops, Posner Park, championship golf courses, shopping, dining, and Central Florida attractions including Disney, Universal Orlando, and SeaWorld. Don't miss this opportunity to own a fully furnished, income-producing property in one of Davenport's most sought-after resort communities.

Property Overview

Property TypeResidential
Sub TypeTownhouse
MLS #S5154997
StatusActive
Year Built2004
Stories2
Total Rooms4
ConstructionBlock, Stucco
RoofShingle
FoundationBlock, Slab
FacesSouth
SubdivisionREGAL PALMS AT HIGHLAND RESERVE
CountyPolk
OwnershipFee Simple
FurnishedFurnished

Interior Features

InteriorCeiling Fan(s)
FlooringCarpet, Ceramic Tile
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer
LaundryLaundry Closet
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorIrrigation System, Private Entrance, Rain Gutters, Sidewalk, Sliding Doors
Lot Size0.04 acres (1,812 sq ft)
Road SurfaceAsphalt
0

Utilities

WaterNone
SewerPublic Sewer
UtilitiesCable Available, Electricity Available

Parking

GarageNo

HOA & Community

HOAYes
HOA Fee$706 / Monthly
Senior CommunityNo

Financial Details

List Price$235,000
Annual Taxes$2,797 (2025)
FinancingCash, Conventional, FHA, VA Loan
Parcel #262514999962000640

Directions

From I-4, take Exit 55 for US-27 toward Haines City. Head north on US-27 (turn left if traveling from Tampa or right if traveling from Orlando). Continue approximately 1.5 miles, then turn right onto Sand Mine Road. Turn left into Regal Palms Resort and continue to 220 Terra Lago Street, Davenport, FL 33897.

Location

220 TERRA LAGO STREET, DAVENPORT, FL 33897

Listing Information

OfficeEXIT REALTY 4CORNERS
ListedAugust 5, 2026

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Home Price

$235,000

20% ($47,000)
6.75%

Loan Term

Principal & Interest$1,219
Property Tax (est.)$215
Insurance (est.)$150
Total Monthly$1,585
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How to Buy This Home

Multiple financing options available for this $235,000 home in DAVENPORT.

🏛️

FHA Loan

$8,225 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$11,750 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Polk County SHIP

Varies

Income-qualifying Polk residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee, just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: September 27, 2026.

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