Sold for $445,000

$445,000

225 1ST STREET, DAVENPORT, FL 33837

3beds

4baths

1,316sqft

Triplex, Multi Family

Built in 1979

-- sqft lot

$392,600 Zestimate^®

$338/sqft

$1,902 Estimated rent

Home value

$392,600

$361,000 - $424,000

$1,902/mo

Zestimate^® history

Owner options

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$1,902/mo

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$1,902/mo

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$2,986/mo

Est. payment

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$2,986/mo

Est. payment

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What's special

Completely renovatedPatio furnitureTropical feelMultiple dining

Investor alert! Rare opportunity to purchase a 4 unit, completely renovated, fully furnished complex that is ready to make money from day one in Davenport. A variety of options are available as you can live in one unit and manage the others via short or long term rentals, a combination of both or convert back to a large 4/5 bedroom with 3 baths. Currently rented through AIRBNB and VRBO with proven returns. Attention to detail is shown throughout the units along with each unit having an outdoor area, privacy fencing, tropical feel, grills and patio furniture. Additional property with 3 units directly beside the property is also for sale (221 1st St). Less than a mile from US 27, 25 minutes theme parks, multiple dining, shopping and entertainment surround the area and centrally located 1 1/2 hours to beaches on the Atlantic and Gulf coast. Call today to schedule a private tour!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4

Rooms

Room types: Florida Room

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Filtration System
Laundry: Outside

Features

Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Primary Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Thermostat, In-Law Floorplan
Flooring: Ceramic Tile, Laminate
Doors: French Doors, Outdoor Grill
Windows: Double Pane Windows, Window Treatments
Has fireplace: Yes
Fireplace features: Gas
Furnished: Yes

Interior area

Total interior livable area: 1,316 sqft

Property

Parking

Parking features: Boat, Circular Driveway, Guest, Off Street, Parking Pad
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Covered, Front Porch, Rear Porch, Screened
Exterior features: Lighting, Outdoor Grill, Private Mailbox
Has view: Yes
View description: Trees/Woods

Lot

Size: 0.38 Acres
Features: Street Dead-End, Unincorporated

Details

Additional structures: Gazebo, Outdoor Kitchen, Shed(s)
Parcel number: 272706726500042205
Zoning: R-3
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family
Attached to another structure: Yes

Materials

Brick
Foundation: Slab
Roof: Shingle

Condition

Completed
New construction: No
Year built: 1979

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Cable Connected, Electricity Connected, Public, Street Lights, Water Connected

Community & HOA

Community

Security: Smoke Detector(s)
Pet fee: $0 monthly
Subdivision: FLA DEV CO SUB

HOA

Has HOA: No

Location

Region: Davenport

Financial & listing details

Price per square foot: $338/sqft
Tax assessed value: $195,543
Annual tax amount: $935
Date on market: 7/28/2023
Cumulative days on market: 6 days
Listing terms: Cash,Conventional
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Gravel, Paved

Price history

Date	Event	Price
9/12/2023	Sold	$445,000+4.7%$338/sqft
Source: Stellar MLS #S5088845 Report a problem
8/6/2023	Pending sale	$425,000$323/sqft
Source: Stellar MLS #S5088845 Report a problem
7/28/2023	Listed for sale	$425,000+459.2%$323/sqft
Source: Stellar MLS #S5088845 Report a problem
7/10/2014	Sold	$76,000+12.6%$58/sqft
Source: Public Record Report a problem
6/6/2014	Listed for sale	$67,500$51/sqft
Source: COLDWELL BANKER RESIDENTIAL RE #P4629991 Report a problem
4/11/2014	Listing removed	$67,500$51/sqft
Source: Coldwell Banker Residential Real Estate - Winter Haven #P4629991 Report a problem
4/1/2014	Listed for sale	$67,500$51/sqft
Source: Coldwell Banker Residential Real Estate - Winter Haven #P4629991 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,008 -5%	$195,543 -3.7%
2024	$2,113 -14.8%	$203,046 +7.4%
2023	$2,481 +436.4%	$189,142 +156.9%
2022	$463 -1.9%	$73,635 +3%
2021	$472 +0.1%	$71,490 +1.4%
2020	$471 -0.8%	$70,503 +2.3%
2019	$475 -47.2%	$68,918 +1.9%
2018	$900 +2.7%	$67,633 +2.1%
2017	$876 +86.1%	$66,242 +2.1%
2016	$471 +2.9%	$64,880 +6.4%
2015	$457 -59.9%	$60,973 +8%
2014	$1,139 +39.8%	$56,467 +7.6%
2013	$815 +4.5%	$52,491 +3.5%
2012	$780 -7.4%	$50,701 -6.4%
2011	$843 -5.2%	$54,146 -4.4%
2010	$888 -43%	$56,667 -39.3%
2009	$1,558 -13.5%	$93,360 -19.6%
2008	$1,802	$116,103
2007	--	--
2006	$1,846	--
2005	--	--
2004	$1,276 +13.7%	--
2003	$1,122 -2.6%	$68,170 0%
2002	$1,153 +10.2%	$68,180 +10.2%
2001	$1,046	$61,870