$385,000
1234 Red Hill RoadDavenport, FL 33837
Listing updated: October 15, 2026 at 8:49 PM ET
Listing courtesy of Advance Florida Realty, Inc. · Fabio Gilbeaux · MLS #S5155696 · Active · 786-546-5558Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
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. 1 bedroom and 1 full bathroom conveniently located on the first floor. 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.
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 history60 days on market
- Status: ActiveAug 16, 2026
- Listed$385,000Aug 16, 2026
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 60
- Subdivision
- Lake Charles Residence Ph 2
- County
- Polk
- Year built
- 2024
- Living area
- 2,522 sq ft
- Price/sq ft
- $153
- Building area
- 3,100 sq ft (Owner)
- Lot size
- 4,940 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12105C0220G)
- Garage
- 2 spaces
- Annual taxes
- $9,093 (2025)
- Parcel #
- 27-26-31-709006-004350
- MLS #
- S5155696
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Interior Details
- Bedrooms
- 5
- Full bathrooms
- 3
- Half bathrooms
- 1
- Flooring
- Ceramic Tile, Vinyl, Wood
- Appliances
- Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
- Interior features
- PrimaryBedroom Upstairs, Thermostat, Walk-In Closet(s)
- Laundry
- Inside, Laundry Room
- Stories / Levels
- Two
- Direction faces
- Southwest
- New construction
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- HOA fee
- $110 / Annually
- Monthly HOA
- $9/mo
- Total monthly fees
- $9/mo
- Total annual fees
- $110
- HOA name
- Mary
- CDD
- No
- Min lease term
- 7 Months
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Lighting, Private Mailbox
- Construction materials
- Concrete
- Roof
- Shingle
- Foundation
- Block
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- None
- Water source
- Canal/Lake For Irrigation
- Utilities
- Cable Connected, Fiber Optics, Sprinkler Meter
Community
- Pets allowed
- Cats OK, Dogs OK
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Bathroom 1 | First | |
| Bathroom 2 | Second | |
| Bathroom 3 | Second | |
| Bathroom 4 | Second | |
| Bedroom 1 | First | |
| Bedroom 2 | Second | |
| Bedroom 3 | Second | |
| Bedroom 4 | Second | |
| Bedroom 5 | Second | |
| Kitchen | First | |
| Living Room | First | |
| Laundry | Second | |
| Dining Room | First | |
| Primary Bathroom | Second | |
| Primary Bedroom | Second |
Listing Details
- Listing date
- 2026-08-15
- On market date
- 2026-08-16
- Original list price
- $385,000
- Occupant type
- Tenant
- MLS area
- 33837 - Davenport
- Listing AOR
- Osceola
- Status changed
- 2026-08-16
- Tax legal description
- LAKE CHARLES RESORT PHASE 2 PB 189 PG 4-8 LOT 435
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
Go on Us 27 to Massee Rd, turn west. Drive for 4-5 blocks, Charles cove will be at your left
Property sale history
Public records1234 RED HILL RD, DAVENPORT 33837
- Apr 2024$401,000
2,522 sq ft · Built 2024 · 0.1134 acres
Sale data from Florida public records (Department of Revenue / county property appraiser). Deemed reliable but not guaranteed; may not reflect current market or MLS status. Not Stellar MLS data.
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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 October 15, 2026 at 8:49 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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