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$229,000

  • For Sale
  • Active
  • Townhouse
  • 4 Beds
  • 3 Full Baths
  • 1,492 Sq. Ft.
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Whether you're searching for a vacation retreat or investment property, this 4-bedroom, 3-bath townhome in the sought-after community of Regal Palms at Highland Reserve checks every box. With over 1,800 sq. ft. of living space, it blends comfort and convenience with an open-concept design perfect for relaxing or entertaining. Step inside and you're greeted by one of two primary suites located downstairs-an ideal setup for guests or multi-generational living. Just across the way, the kitchen offers plenty of cabinet space, a cozy breakfast bar, and a nearby dinette that opens to the main living area. The layout keeps the cook connected to the conversation while dinner is in the works. The spacious living room opens through sliding glass doors to a private back porch overlooking a tranquil pond-a peaceful spot to enjoy your morning coffee or unwind after a long day. Upstairs, the second primary suite feels like its own retreat with a walk-in closet, an en-suite bathroom with shower/tub combo, and an oversized vanity. Two additional bedrooms and another full bath provide plenty of space for family, guests, or even a home office. Life at Regal Palms means every day feels like a getaway. The resort-style amenities include a 24-hour guarded gate, community pool, lazy river, poolside tiki bar, fitness center, on-site restaurant, arcade, volleyball court, playground, cable and internet, lawn care, trash, and interior/exterior pest control-all covered by your HOA. Perfectly positioned just a short walk from Berry Town Center, you're close to Publix, dining, and shopping, and only a short drive from the theme parks and major highways that make exploring Florida easy. This home is ready for you to move in, kick back, and start living the Florida lifestyle you've been dreaming of.

Full Property Details for 518 Terra Lago St

General

  • Price: $229,000
  • HOA FEE: $670/month
  • Taxes: $1,677 (2024)
  • Status: Active
  • Type: Townhouse
  • Source: MidFloridaRegionalMLS
  • MLS ID: O6350681
  • Updated: 10/24/2025
  • Added to Site: 86 day(s) ago

Rental Information

  • Min. Lease: 1-7 Days

Interior

  • Number of Rooms: 11
  • Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Thermostat
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Inside, Laundry Closet

Additional Information

  • Shared Amenities: Clubhouse, Fitness Center, Gated, Playground, Pool, Recreation Facilities, Spa/Hot Tub
  • Security/Safety: Gated Community, Smoke Detector(s)

Exterior

  • Exterior Features: Irrigation System
  • Deck/Patio: Front Porch, Rear Porch
  • Porch/Patio/Deck: Front Porch, Rear Porch

Parking

  • Parking Features: Driveway

Location

  • Area: 33897 - Davenport
  • County: Polk
  • Development Name: 33897 - Davenport
  • Subdivision: REGAL PALMS AT HIGHLAND RESERVE PH 3
  • Driving Directions: Heading from I-4, Take Exit 64 to merge onto US-192 W, Head West onto US-192, Use the 2nd from the LEFT lane to turn left onto N Old Lake Wilson Rd, Turn RIGHT onto Funie Steed Rd, Turn LEFT onto Westside Blvd, Turn RIGHT onto Sand Mine Rd, Turn RIGHT onto Miramar Ave, Turn LEFT onto Terra Lago St, Property will be on your RIGHT.
  • Direction Faces: South

School Information

  • Elementary School: Dundee Elem
  • Middle School: Dundee Ridge Middle
  • High School: Davenport High School

Community

  • Community Name: 33897 - Davenport
  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated Community - Guard, Sidewalks
  • Optional Amenities: Clubhouse, Fitness Center, Gated, Playground, Pool, Recreation Facilities, Spa/Hot Tub
  • Association: Yes
  • Assoc. Name: Hope Douglas
  • Assoc. Fees Include: Community Pool, Maintenance Structure, Maintenance Grounds, Pest Control, Recreational Facilities, Security, Trash
  • Number of Pets: 2
  • Pet Restrictions: Please see HOA to confirm any and all restrictions.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric, Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Structural Information

  • Exterior Const.: Block, Stucco, Wood Frame
  • Roof: Shingle
  • Windows: Blinds
  • Stories/Levels: Two
  • Square Feet: 1,492
  • Sq. Ft. Source: Public Records
  • Year Built: 2005

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,860
  • Lot Size: 1860
  • Lot Dimensions: 87 x 21
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Association Fee: $670
  • Assoc Fee Freq.: Monthly
  • Assoc Fee Desc.: Required
  • Tax Amount: $1,677.06
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: REGAL PALMS AT HIGHLAND RESERVE, PHASE 3 PLAT BOOK 129 PGS 24 & 25 LOT 293
  • Flood Zone Info: X
  • APN: 262514999954002930
  • Property ID: 262514999954002930

Listed by Tower Team Realty, Llc

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Listing agent

— 518 Terra Lago St —

  • Tower Team Realty, Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 518 Terra Lago St

School District:Polk County School District
NameGradesDistance
Citrus Ridge: A Civics Academy
1775 Sand Mine Road, Davenport, FL 33897
PK-50.9 mi
Davenport High School
1915 South Floral Avenue, Bartow, FL 33830
9-1231.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 518 Terra Lago St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/24/2025
Listed
$229,000
57.93%
MLS
9/16/2019
Sold
$145,000
—
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 518 Terra Lago St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,677
3%
$150,932
-2%
2023
$1,633
35%
$154,310
64%
2021
$1,210
-18%
$94,142
-31%
2022
$1,480
22%
$137,214
50%
2021
$1,210
-25%
$91,764
-1%
2019
$1,608
12%
$92,950
10%
2018
$1,431
-1%
$84,500
-3%
2017
$1,451
-6%
$87,000
-4%
2016
$1,540
-5%
$91,000
8%
2015
$1,622
12%
$84,000
4%
2014
$1,447
-5%
$80,963
10%
2013
$1,527
—
$73,603
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Tower Team Realty, Llc

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518 Terra Lago Street, Davenport, FL 33897 (MLS# O6350681) is a Townhouse property with 4 bedrooms and 3 full bathrooms. 518 Terra Lago Street is currently listed for $229,000 and was received on October 24, 2025. Want to learn more about 518 Terra Lago Street? Do you have questions about finding other Townhouse 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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