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New construction
    • $385,000

    1234 RED HILL ROAD, DAVENPORT, FL 33837

    5beds
    2,522sqft
    : 
    $2,709/mo
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    Single Family Residence
    Built in 2024
    4,940 Square Feet Lot
    $382,000 Zestimate®
    $153/sqft
    $9/mo HOA

    What's special

    Picnic areasModern two-story floor planShaded cabanasLaundry roomSmart-home featuresSpacious primary suiteBeautiful lakefront views
    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.
    44 days
    169
    13

    Zillow last checked:

    Listing updated:

    Listed by:

    Fabio Gilbeaux 786-546-5558,

    ADVANCE FLORIDA REALTY, INC. 786-546-5558

    Source: Stellar MLS,MLS#: S5155696MLS LogoOriginating MLS: Osceola

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: Second
      Bedroom 1
      • Features: Walk-In Closet(s)
      • Level: First
      Bedroom 2
      • Features: Walk-In Closet(s)
      • Level: Second
      Bedroom 3
      • Features: Built-in Closet
      • Level: Second
      Bedroom 4
      • Features: Built-in Closet
      • Level: Second
      Bedroom 5
      • Features: Built-in Closet
      • Level: Second
      Primary bathroom
      • Features: Linen Closet
      • Level: Second
      Bathroom 1
      • Level: First
      Bathroom 2
      • Features: Linen Closet
      • Level: Second
      Bathroom 3
      • Features: Linen Closet
      • Level: Second
      Bathroom 4
      • Features: Linen Closet
      • Level: Second
      Dining room
      • Level: First
      Kitchen
      • Features: Walk-In Closet(s)
      • Level: First
      Laundry
      • Level: Second
      Living room
      • Features: No Closet
      • Level: First
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
      • Laundry: Inside, Laundry Room
      Features
      • PrimaryBedroom Upstairs, Thermostat, Walk-In Closet(s)
      • Flooring: Ceramic Tile, Vinyl, Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 3,100
      • Total interior livable area: 2,522 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Lighting, Private Mailbox
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front, Lake Privileges
      Lot
      • Size: 4,940 Square Feet
      Details
      • Parcel number: 272631709006004350
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Concrete
      • Foundation: Block
      • Roof: Shingle
      Condition
      • Completed
      • New construction: Yes
      • Year built: 2024
      Details
      • Builder name: Dr Horton

      Utilities & green energy

      • Sewer: None
      • Water: Canal/Lake For Irrigation
      • Utilities for property: Cable Connected, Fiber Optics, Sprinkler Meter

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: LAKE CHARLES RESIDENCE PH 2
      HOA
      • Has HOA: Yes
      • HOA fee: $9 monthly
      • HOA name: Mary
      Location
      • Region: Davenport

      Financial & listing details

      • Price per square foot: $153/sqft
      • Tax assessed value: $305,212
      • Annual tax amount: $9,093
      • Date on market: 8/16/2026
      • Cumulative days on market: 45 days
      • Ownership: Fee Simple
      • Total actual rent: 31680
      • Road surface type: Asphalt

        Estimated market value

        $382,000

        $363,000 - $401,000

        $2,715/mo

        Price history

        DateEventPrice
        8/16/2026Listed for sale$385,000-4%$153/sqft
        Source: Stellar MLS #S5155696 Report a problem
        4/23/2024Sold$400,990$159/sqft
        Source: Stellar MLS #O6167840 Report a problem
        2/7/2024Pending sale$400,990-0.5%$159/sqft
        Source: DR Horton Report a problem
        2/2/2024Price change$402,990-7.1%$160/sqft
        Source: DR Horton Report a problem
        1/25/2024Price change$433,990+8.2%$172/sqft
        Source: DR Horton Report a problem
        1/17/2024Price change$400,990+0.3%$159/sqft
        Source: Stellar MLS #O6167840 Report a problem
        1/4/2024Listed for sale$399,990$159/sqft
        Source: Stellar MLS #O6167840 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,936 +318.2%$305,212 +323.9%
        2024$1,419 +1.9%$72,000 +2.9%
        2023$1,392 +19.8%$70,000 +20.7%
        2022$1,162 $58,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33837

        Getting around

        1 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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