509 Madison Drive, FL509 Madison Drive, FL509 Madison Drive, FL
Stellar MLS
1 / 32

$274,999

509 Madison Drive

Davenport, FL 33837

Listing updated: June 27, 2026 at 6:52 AM ET

Active
Stellar MLSListing courtesy of Lpt Realty, Llc · Desirea Irvin · MLS #O6419836 · Active · 877-366-2213
3
Beds
3
Baths
1,480
Sq Ft
0.07
Acres
2022
Built
$186/sqft360° tour
Townhouse

Property type

2022

Year built

3,045 sqft

Lot size

$186

Price / sq ft

$194/mo

HOA dues

1

Day on market

1

Garage space

X

Flood zone

About this home

Beautiful 3-bedroom, 2.5-bath townhome in Madison Place! Corner Unit. Built in 2022, this move-in-ready home features an open-concept layout, modern kitchen, spacious primary suite with walk-in closet, upstairs laundry, and abundant natural light throughout. Enjoy resort-style community amenities including a pool, playground and walking trails. Conveniently located near I-4, US-27, shopping, dining, and Central Florida attractions. Perfect as a primary residence, vacation home, or investment property. Don't miss this opportunity—schedule your showing today!

Local Insight

At $186/sqft for a 2022 townhouse, this is solid pricing for a newer unit, though you're paying $194 monthly in HOA on top of a mortgage—factor that into your true cost of ownership, especially if you're planning to rent it short-term since Davenport's vacation-home market is competitive. The X flood zone is a genuine plus that eliminates flood insurance requirements, a meaningful cost savings compared to many properties in the area, but the tiny 0.07-acre lot means you're getting density and low maintenance rather than privacy or yard space.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$1,391
Property taxes$308
Home insurance (est.)$126
HOA dues$194

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 history1 days on market

  1. Status: Active
    Jun 26, 2026
  2. Listed$274,999
    Jun 26, 2026
  3. Price increased$274,999

Facts & features

Property type
Residential
Sub type
Townhouse
Status
Active
Days on market
1
Subdivision
Madison Place
County
Polk
Year built
2022
Living area
1,480 sq ft
Price/sq ft
$186
Lot size
3,045 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12105C0225G)
Garage
1 spaces
Annual taxes
$3,690 (2025)
Parcel #
27-26-29-707043-002030
MLS #
O6419836

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Interior Details

Bedrooms
3
Full bathrooms
2
Half bathrooms
1
Flooring
Carpet, Ceramic Tile
Appliances
Built-In Oven, Cooktop, Dishwasher, Electric Water Heater, Microwave
Interior features
Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Thermostat, Walk-In Closet(s)
Laundry
Laundry Room
Stories / Levels
Two
Direction faces
South

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Garage spaces
1
Attached garage
Yes
Parking features
Garage Door Opener

HOA & Financial

HOA fee
$194 / Monthly
Monthly HOA
$194/mo
Total monthly fees
$301/mo
Total annual fees
$3,612
HOA name
Beacon Community Management
CDD
No
Min lease term
7 Months
Listing terms
Cash, Conventional, FHA, USDA Loan, VA Loan
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No
Additional lease restrictions
Buyer to confirm with HOA

Exterior & Construction

Exterior features
Rain Gutters, Sidewalk, Sliding Doors
Construction materials
Stucco
Roof
Shingle
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected

Community

Pets allowed
Yes

Schools

ElementaryHorizons ElementaryGreatSchools ↗
MiddleCitrus RidgeGreatSchools ↗
High SchoolRidge Community Senior HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Primary BedroomSecond15x15
Bedroom 2Second
Bedroom 3Second
Living RoomFirst14x12
KitchenFirst14x13

Listing Details

Listing date
2026-06-25
On market date
2026-06-26
Original list price
$274,999
Occupant type
Vacant
MLS area
33837 - Davenport
Listing AOR
Orlando Regional
Status changed
2026-06-26
Tax legal description
MADISON PLACE PHASE 3 PB 187 PG 15-17 LOT 203

Flood risk

Minimal riskFEMA Zone XPanel 12105C0225G

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

Take Interstate 4 (I4) to US 27 South, turn left on Florida Development Rd, Left onto Madison Dr, Right to stay on Madison Dr, the home will be on your left

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MLS GRID

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 June 27, 2026 at 6:52 AM 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA