$299,900
221 1st Street
Davenport, FL 33837
Listing updated: May 30, 2026 at 3:05 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
INVESTOR SPECIAL! THREE SEPARATE SHORT TERM RENTALS! Beautiful 3BR 2BA property in Davenport, FL is a perfect investment opportunity. It has been subdivided into two rental units plus a luxury tiny home to maximize income potential. The property features a charming modern design throughout and was renovated with attention to detail to appeal to AirBNB and short-term rental guests. Enjoy a covered wraparound porch for relaxing mornings, a covered outdoor deck for chilling and drinking coffee, and a backyard courtyard with a beautiful lounge area, all surrounded by durable white vinyl fencing for added privacy. There’s also extra storage space in the outdoor shed, which conveys with the property. Inside, you’ll find spacious showers with built-in shelving, modern hardware and lighting, shiplap and Victorian wood paneling, an indoor laundry room, and more. Conveniently located near grocery stores, restaurants, and services, and just over an hour from beaches on both the Atlantic and Gulf coasts. Don't miss out on this unique INCOME-PRODUCING property! Seller financing and private financing available. Don’t wait...this one WILL NOT last long!
Local Insight
At $273/sqft for a 1993 triplex, you're looking at an income-producing property in a market saturated with short-term rental competition—which could work well for cash flow if you're set up for that, but means resale upside is capped by the STR-zoned landscape rather than primary residence appreciation. The 4-bed/3-bath layout across three units is solid for a rental hold, though you'll want to verify what the actual income potential is and whether local licensing/caps have tightened, since Davenport's STR market has matured considerably. No HOA and X flood zone are real bonuses for operating costs and insurability, but the $299k price tag suggests this triplex may need capital investment—have a contractor walk it before you commit.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history51 days on market
- Status: ActiveApr 9, 2026
- Listed$350,000Apr 9, 2026
- Price reduced$299,900
Facts & features
- Property type
- Residential Income
- Sub type
- Triplex
- Status
- Active
- Days on market
- 51
- Subdivision
- Fla Dev Co Sub
- County
- Polk
- Year built
- 1993
- Living area
- 1,098 sq ft
- Price/sq ft
- $273
- Lot size
- 10,711 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X
- Annual taxes
- $1,491 (2025)
- Parcel #
- 27-27-06-726500-042206
- Zoning
- R-3
- MLS #
- P4938304
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Interior Details
- Bedrooms
- 4
- Appliances
- Other, Range
- Interior features
- Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, L Dining, Open Floorplan, Other, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat
- Laundry
- Inside, Laundry Room, Other
- Stories / Levels
- One
Heating & Cooling
- Heating
- Central, Electric, Other
- Cooling
- Central Air, Other
Parking
- Parking features
- Driveway, Ground Level, Guest, Off Street, On Street, Open, Other, Oversized, Parking Pad
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional, FHA, Other, Owner Financing, Private Financing Available, VA Loan
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Courtyard, Garden, Lighting, Other, Outdoor Grill, Sidewalk, Sliding Doors, Storage
- Construction materials
- Vinyl Siding
- Roof
- Other, Shingle
- Foundation
- Other, Slab
- Road surface
- Asphalt, Gravel, Other, Paved
Utilities
- Sewer
- Septic Tank, Other
- Water source
- See Remarks, Well
- Utilities
- Cable Available, Cable Connected, Electricity Available, Electricity Connected, Other, Private, Sewer Available, Sewer Connected, Sewer Nearby, Underground Utilities, Water Available, Water Connected, Water Nearby
Listing Details
- Listing date
- 2026-04-09
- On market date
- 2026-04-09
- Original list price
- $350,000
- Occupant type
- Tenant
- MLS area
- 33837 - Davenport
- Listing AOR
- East Polk
- Status changed
- 2026-04-09
- Tax legal description
- FLA DEVELOPMENT CO SUB PB 3 PG 60 TO 63 TRACT 22 BEG SW COR OF LOT 28 RUN E 396 FT N 1010 FT TO POB CONT N 100 FT E 107 FT S 100 FT W 107 FT TO POB BEING LOT 14 UNRE DIAMOND ACRES IN SW1/4
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
Head south on US-27 S toward Mini Dump Rd. Turn right onto Sanders Rd. Turn right onto 1st St.
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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 May 30, 2026 at 3:05 PM 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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