Davenport, FL · Single Family Residence
1234 Red Hill Rd
Active · MLS MFRS5155696 · Listed by ADVANCE FLORIDA REALTY, INC. · 786-546-5558.
THE SETTING, AND THE DETAILS
A closer look.
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.
The details that help you decide.
Details supplied with the listing. Information that was not provided is marked below.
Home essentials
- Price per square foot
- $153
- Full bathrooms
- 3
- Half bathrooms
- 1
- Heated living area
- 2522
- Lot size (acres)
- 0.11
- Lot size (sq ft)
- 4940
- Year built
- 2024
- Property type
- Residential
- Property style
- Traditional
Interior & rooms
- Interior features
- PrimaryBedroom Upstairs, Thermostat, Walk-In Closet(s)
- Appliances
- Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
- Flooring
- Ceramic Tile, Vinyl, Wood
- Additional rooms
- Not provided
Land, water & community
- Waterfront
- Yes
- Waterfront type
- Lake Front
- Water body / lake name
- Not provided
- Water view
- Lake
- Dock
- Not provided
- Dock features
- Not provided
- Other views
- Not provided
- Lot features
- Not provided
- Exterior features
- Lighting, Private Mailbox
- Community amenities
- Not provided
- Zoning
- Not provided
- Current use
- Not provided
- Horse amenities
- Not provided
- Fencing
- Not provided
- Other structures
- Not provided
Pool, parking & systems
- Private pool
- No
- Pool features
- Not provided
- Garage
- Yes
- Garage spaces
- 2
- Carport
- No
- Carport spaces
- Not provided
- Parking features
- Not provided
- Fireplace
- No
- Fireplace features
- Not provided
- Heating
- Central
- Cooling
- Central Air
- Water supply
- Canal/Lake For Irrigation
- Sewer
- None
- Utilities
- Cable Connected, Fiber Optics, Sprinkler Meter
Construction
- Construction materials
- Concrete
- Roof
- Shingle
- Foundation
- Block
- Stories
- Not provided
- Levels
- Two
Location & schools
- City
- DAVENPORT
- Subdivision
- LAKE CHARLES RESIDENCE PH 2
- County
- Polk
- ZIP code
- 33837
- Elementary school
- Not provided
- Middle school
- Not provided
- High school
- Not provided
Association, taxes & listing
- HOA / association
- Yes
- Association fee
- $110
- Fee frequency
- Annually
- Included services
- Not provided
- Association amenities
- Not provided
- Additional association fee
- Not provided
- Additional fee frequency
- Not provided
- Condo fee
- Not provided
- Condo fee frequency
- Not provided
- Annual property taxes
- $9,093
- Tax year
- 2025
- Other annual assessments
- Not provided
- CDD
- No
- Listing status
- Active
- Days on market
- 60
- Listing broker
- ADVANCE FLORIDA REALTY, INC.
- MLS number
- MFRS5155696
Explore the area
Location supplied with the listing. Confirm boundaries and access for the property.
Listed by ADVANCE FLORIDA REALTY, INC. · MLS MFRS5155696
Source: mfrmls · Listing updated 2026-10-16 00:49:10 UTC.
Information is deemed reliable but is not guaranteed. Availability and details may change.
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