Description
INVESTOR OPPORTUNITY – ASKING $385,000 – 6.9 CAP RATE – 5 BED / 3 BATH LAKEFRONT HOME – BUILT 2023
Exceptional investment opportunity in the desirable Charles Cove community in Davenport! ASKING ONLY $385,000. This spacious 5-bedroom, 3-full-bath, 2-car garage lakefront home, built in 2023, offers one of the best prices in Davenport for a home of this size, style, and age, combined with exceptionally low ownership costs: HOA only $110/year, insurance approximately $1,500/year, and property taxes approximately $3,495/year.
Already tenant-occupied at $2,640/month through April 2027, providing immediate rental income and an outstanding 6.9 CAP RATE.
The modern two-story floor plan features an open-concept living area and a convenient first-floor bedroom with full bathroom, ideal for guests or multi-generational living. Upstairs you’ll find the spacious primary suite, three additional bedrooms, two full bathrooms, a loft, and laundry room. Smart-home features and tile/wood-style flooring throughout the first floor add to the home’s appeal.
Enjoy beautiful lakefront views and Charles Cove’s resort-style amenities, including a community pool with kiddie splash zone, playground, multi-purpose sports/soccer field, shaded cabanas, picnic areas, and pavilion.
Excellent Davenport location just off US Hwy 27, approximately 15 miles from Disney’s main gate, and convenient to Posner Park/Posner Village, shopping, restaurants, schools, and major Central Florida attractions.
INVESTMENT HIGHLIGHTS: Asking $385,000 | Built 2023 | 5 Beds | 3 Full Baths | 2-Car Garage | Lakefront | Rent $2,640/Month Through April 2027 | 6.9 CAP Rate | HOA $110/Year | Insurance Approx. $1,500/Year | Property Taxes Approx. $3,495/Year | Immediate Rental Income.
Address
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Address: 1234 RED HILL ROAD
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City: Davenport
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State/county: FL
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Zip/Postal Code: 33837
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Country: US
Details
Atualizado em agosto 16, 2026 no 7:35 pm-
Property ID S5155696
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Price $385,000
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Property Size 3100 m²
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Land Area 0.11 m²
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Bedrooms 5
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Bathrooms 4
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Garages 2
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Garage Size x x
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Year Built 2024
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Property Type Single Family Residence, Residential
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Property Status Active, For Sale
Additional details
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Association Fee 110
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Roof Shingle
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Utilities Cable Connected,Fiber Optics,Sprinkler Meter
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Sewer None
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Cooling Central Air
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Heating Central
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Flooring Ceramic Tile,Vinyl,Wood
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County Polk
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Property Type Residential
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Waterfront Lake Front
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Architectural Style Traditional
Mortgage Calculator
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