UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,522 sqft
Price per Sqft $152
Subdivision Lake Charles Residence Ph 2
MLS Listing ID S5155696
Bedrooms 5
Full Baths 3
Half Baths 1
Construction Status Completed
HOA Fees $110/ann
HOA Y/N Yes
Annual Recurring Fee 110.0
Year Built 2024
Annual Tax Amount $9,093
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
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.
Location
State FL
County Polk
Community Lake Charles Residence Ph 2
Area 33837 - Davenport
Interior
Interior Features PrimaryBedroom Upstairs, Thermostat, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Vinyl, Wood
Furnishings Unfurnished
Fireplace false
Appliance Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
Laundry Inside, Laundry Room
Exterior
Exterior Feature Lighting, Private Mailbox
Garage Spaces 2.0
Utilities Available Cable Connected, Fiber Optics, Sprinkler Meter
Waterfront Description Lake Front
View Y/N Yes
Water Access Yes
Water Access Desc Lake
Roof Type Shingle
Attached Garage true
Exposure Southwest
Garage true
Private Pool No
Building
Entry Level Two
Foundation Block
Lot Size Range 0 to less than 1/4
Builder Name Dr Horton
Sewer None
Water Canal/Lake For Irrigation
Architectural Style Traditional
Structure Type Concrete
New Construction true
Construction Status Completed
Others
Pets Allowed Cats OK, Dogs OK
Senior Community No
Ownership Fee Simple
Monthly Total Fees $9
Membership Fee Required Required
Special Listing Condition None
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