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$385,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 2,522 Sq. Ft.
  • Updated 13 hours ago
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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.

Full Property Details for 1234 Red Hl Rd

General

  • Price: $385,000
  • HOA FEE: $9/month
  • HOA FEE FREQ.: Annually
  • Taxes: $9,093 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: S5155696
  • Updated: 8/16/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Min. Lease: 7 Months

Interior

  • Number of Rooms: 15
  • Interior Features: PrimaryBedroom Upstairs, Thermostat, Walk-In Closet(s)
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Ceramic Tile, Vinyl, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Inside, Laundry Room

Exterior

  • Exterior Features: Lighting, Private Mailbox

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2

Location

  • Area: 33837 - Davenport
  • County: Polk
  • Development Name: 33837 - Davenport
  • Subdivision: LAKE CHARLES RESIDENCE PH 2
  • Driving Directions: Go on Us 27 to Massee Rd, turn west. Drive for 4-5 blocks, Charles cove will be at your left
  • Direction Faces: Southwest

Community

  • Community Name: 33837 - Davenport
  • Association: Yes
  • Assoc. Name: Mary

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: None
  • Water: Canal/Lake For Irrigation
  • Utility Description: Cable Connected, Fiber Optics, Sprinkler Meter

Structural Information

  • Architectural Info: Traditional
  • Architectural Style: Traditional
  • Builder: Dr Horton
  • Exterior Const.: Concrete
  • Roof: Shingle
  • Stories/Levels: Two
  • Square Feet: 2,522
  • Sq. Ft. Source: Owner
  • Year Built: 2024

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,940
  • Lot Size: 4940
  • Street/Road Desc.: Asphalt

Water Features

  • Water Front: Yes
  • Water Access: Yes
  • Water Access Desc: Lake
  • Water Front Desc.: Lake Front

Financial Considerations

  • Association Fee: $110
  • Assoc Fee Freq.: Annually
  • Assoc Fee Desc.: Required
  • Tax Amount: $9,093
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LAKE CHARLES RESORT PHASE 2 PB 189 PG 4-8 LOT 435
  • Flood Zone Info: X
  • APN: 272631709006004350
  • Property ID: 272631709006004350

Listed by Advance Florida Realty, Inc.

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Listing agent

— 1234 Red Hl Rd —

  • Advance Florida Realty, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1234 Red Hl Rd

School District:Polk County School District
NameGradesDistance
Horizons Elementary School
1700 Forest Lake Drive, Davenport, FL 33837
PK-51.6 mi
Shelley S. Boone Middle School
225 South 22nd Street, Haines City, FL 33844
6-85.5 mi
Ridge Community High School
500 Orchid Drive, Davenport, FL 33837
9-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1234 Red Hl Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/16/2026
Listed
$385,000
-3.99%
MLS
4/23/2024
Sold
$400,990
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1234 Red Hl Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,936
45%
$305,212
324%
2024
$4,085
—
$72,000
3%
2023
$4,071
11%
$70,000
21%
2022
$3,675
—
$58,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1234 Red Hl Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Advance Florida Realty, Inc.

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1234 Red Hill Road, Davenport, FL 33837 (MLS# S5155696) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 1234 Red Hill Road is currently listed for $385,000 and was received on August 16, 2026. Want to learn more about 1234 Red Hill Road? Do you have questions about finding other Single Family real estate for sale in Davenport? You can browse all Davenport real estate or contact a Coldwell Banker agent to request more information.

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