36
  • Property Type
  • Single Family Residence, Residential
  • 5
  • Bedrooms
  • 4
  • Bathrooms
  • 2
  • Garages
  • 3100 Sqft
  • Area Size

1234 RED HILL ROAD, Davenport, FL 33837

  • $385,000

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: 1234 RED HILL ROAD
  • City: Davenport
  • State/county: FL
  • Zip/Postal Code: 33837
  • Country: US

Details

Atualizado em agosto 16, 2026 no 7:35 pm
  • Property ID S5155696
  • Price $385,000
  • Property Size 3100 m²
  • Land Area 0.11 m²
  • Bedrooms 5
  • Bathrooms 4
  • Garages 2
  • Garage Size x x
  • Year Built 2024
  • Property Type Single Family Residence, Residential
  • Property Status Active, For Sale

Additional details

  • Association Fee 110
  • Roof Shingle
  • Utilities Cable Connected,Fiber Optics,Sprinkler Meter
  • Sewer None
  • Cooling Central Air
  • Heating Central
  • Flooring Ceramic Tile,Vinyl,Wood
  • County Polk
  • Property Type Residential
  • Waterfront Lake Front
  • Architectural Style Traditional

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