About Davenport's Regal Palms

467 LA MIRAGE ST, DAVENPORT FL 33897 $$$ 86,500 $$$

Exterior Front	Kitchen
Bedroom 1	Living Room

Opportunity knocks - act FAST!! This incredible two story end unit in the gated short term rental community of Regal Palms is going to sell FAST! This unit is "turn-key" perfect.....close to the theme parks, resort style amenities, very appealing neighborhood. Sold As-Is.Buyer to independently verify all measurements, condition and HOA info. All closings are subject to the recording of the foreclosure deed.

For the latest status on this property and many more in the Davenport area, contact Steve Glose with Keller Williams Realty direct at 407-616-7286 or visit www.thefloridalivingteam.com. For a faster reply you can also email me at steve@thefloridalivingteam.com. Prospective U.K. Buyers please call: 020-3239-7286. All information is deemed reliable but not guaranteed on the date posted. All Short Sale Properties are subject to bank approval of Sale Price.

Visit www.hunterscreekliving.com for more information on all properties for sale in Hunters Creek Orlando.

Originally Posted at: www.ThePinkFlamingo.info

I'm not one to talk about hype or anything like that but I felt compelled to write this post for those of you who may be considering purchasing a bank owned townhouse in Regal Palms but may be hesitating or waiting for prices to drop even more. I have spent the past two weeks showing property almost everyday in Regal Palms and the past year watching the Regal Palms pricing and market, I can finally say that now is the time to buy in Regal Palms. The bank owned properties are reaching all time lows in the 60K range. Most of the bank owned townhouses in Regal Palms that are coming on the market are the smaller floorplans (1400 sq ft) and they aren't flying off the shelf (but are still selling). It's the larger floorplans (1800-2000 sq ft) lock out units that are going under contract almost within days of being listed.

Regal Palms Townhouses in Davenport, FL

I just talked to the listing agent of one of the bank owned 2000 sq ft units in Regal Palms, I had a buyer who wanted to place an offer, and she said that before she could even get updated photos and market the listing online she has multiple offers on the property. It pretty much flew off the Regal Palms real estate shelf in a matter of 48 hours. The other 1800 sq ft lock out townhouse was gone within a few weeks and seemed to get multiple offers all at one time. When it rains it pours in Regal Palms. My advice to any buyers hesitating or waiting to put an offer in on a Regal Palms Townhouse is to strike while the iron is hot. These townhouses are a hot ticket right now, buyers are reacting to the the all time low prices and I predict than when summer comes and the real estate market in Davenport picks up that the Regal Palms bank owned inventory will start to clear out.

I don't foresee prices dropping much more on the bottom end units that are alreadyi n the 60K range. I do think that some of the townhouses priced above $150,000 will be forced to reduce their pricetag over the next six months but I would be very surprised to see the lower priced twnhouses (Under 80K) drop anymore than they already have. It's turning into a bidding warzone and buyers are acting. So if you've considered a Regal Palms purchase you may want to take advantage of the current low prices.

View All Regal Palms Bank Owned Townhouses For Sale