505 Terrace Ridge Cir #505, photo 1
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Overview

4 bd2 ba1,688 sqftCondominium
TypeCondominium
HOA$754.83/mo
Built2005
Lot683 sqft
Living area1,688 sqft
Price / sqft$151

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Dry BarHigh CeilingsLiving Room/Dining Room ComboThermostatWalk-in Closet(s)BalconySidewalk

505 Terrace Ridge Cir #505 is a 2005-built home in Terrace Ridge At Town Center East Condo, Davenport. Inside you'll find 4 bedrooms, 2 bathrooms, and 1,688 square feet of living space. Listed at $255,000 (about $151/sqft), 89 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $754.83 monthly.

From the listing

This UPGRADED AND FURNISH Condo at Terrace Ridge At Town Center, a GATED COMMUNITY. THE HOA FEE INCLUDED CABLE, INTERNET, VALET TRASH SEVICE, WATER, PEST CONTROL building insurance and grounds maintenance.NEW ROOF 2024 Close to shopping, Walt Disney World, Reunion, Champions Gate, and easy access to major freeways makes this a desired area to live and enjoy the Central Florida Lifestyle. This lovely 4 bedroom, 2 bath, CORNER UNIT, is on the TOP FLOOR, with access via stairs, lets in extra light and great views. The OPEN-CONCEPT Living area is inviting and bright with many windows,HIGH CEILINGS, built-in desk and beautiful LAMINATE FLOOR THROUGHOUT. The Kitchen has a Breakfast Bar, upgraded cabinets and CUSTON LIGHTING. Relax on your SCREAM BALCONY over looking the nature and mature trees. This SPLIT FLOOR PLAN unit has spacious bedrooms and dual sinks in the guest and master bathrooms to provide more than ample space for those extra guests. The GARDEN TUB in the Guest Bathroom will be a welcome place to soak after a long day at the theme parks! Relax at your community pool with close proximity to unit. Additional amenities include a clubhouse, fitness center and game room. THIS UNIT HAS A STORAGE ROOM.

The essentials

Built
2005
Price / sqft
$151
On market
89 days
Annual tax
$2,748
HOA
$754.83/mo
Flood zone
X · Low risk
Lot
683 sqft
Type
Condominium

At a glance

Condo
Built 2005
Community pool
Fitness center too
Private balcony
Outdoor space
1,688 sqft
Living area

Payment

Est. monthly payment
$2,442/mo
Down payment (20%)
$51,000
Property taxes
$229/mo
HOA
$754.83/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
2005
Lot
683 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Days on Market
89
Ceiling Fans(s)
Dry Bar
High Ceilings
Living Room/Dining Room Combo
Thermostat
Walk-in Closet(s)
Balcony
Sidewalk
Sliding Doors
Clubhouse
Community Mailbox
Dog Park
Fitness Center
Gated Community - Guard
Gated Community - No Guard
Irrigation-reclaimed Water
Pool
Sidewalks
Street Lights
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Exhaust Fan
Freezer
Microwave
Refrigerator
Washer
Elementary
Loughman Oaks Elem
Middle
Boone Middle
High
Ridge Community Senior High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X
Annual Tax (2024)
$2,748
Parcel #
27-26-02-701011-003240

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Terrace Ridge At Town Center East Condo
County
Polk
MLS Area
33896 - Davenport / Champions Gate
Lot Size
683 sqft
HOA
$754.83/mo
Margaret

Price history

Date
Event
Price
7/16/2026
Listed for sale
Source: Stellar MLS #O6425641
$255,000
$151/sqft

Neighborhood

505 Terrace Ridge Cir #505
Davenport, FL, 33896 · 33896 - Davenport / Champions Gate

Market insights

Offer Insights

Choose an offer strength

List price: $255,000
$247,500 – $255,000
97.1% – 100% of listTops out right at the list price
80% of listList price
30 of the last 58 condo closings in 33896 landed at this number or higher (52%). The median one sat 65 days before it went under contract, and this one is on day 89.

Sample: 58 closed condo sales in 33896 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$2,441/mo
Principal & interest$1,330
Property taxes$229
Insurance$128
HOA$755
Down payment20% · $51,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$255,000

$151 per sq ft

Beds and baths

4 beds, 2 baths

Size

1,688 sq ft

Time on market

89 days

Year built

2005

Monthly payment

About $2,442/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,748 annual tax bill, insurance, and the $754.83/mo HOA fee.

HOA fee

$754.83/mo

Managed by Margaret.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

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Brokered byEMPIRE NETWORK REALTYListing agent: Claudia Bonilla PAListing data from Stellar MLS, MLS# O6425641.

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