1234 Red Hill Rd, photo 1
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Overview

5 bd4 ba2,522 sqft2 car garageSingle Family
TypeSingle Family
HOA$110/yr
Built2024
Lot4,940 sqft
Living area2,522 sqft
Price / sqft$153
Garage2 car

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

About this home

Primarybedroom UpstairsThermostatWalk-in Closet(s)LightingPrivate MailboxConvection OvenDishwasherDisposal

1234 Red Hill Rd is a 2024-built home in Lake Charles Residence Ph 2, Davenport. Inside you'll find 5 bedrooms, 4 bathrooms, and 2,522 square feet of living space. Listed at $385,000 (about $153/sqft), 61 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $110 annually.

From the listing

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.

The essentials

Built
2024
Price / sqft
$153
On market
61 days
Annual tax
$9,093
HOA
$110/yr
Flood zone
X · Low risk
Lot
4,940 sqft
Type
Single Family Residence

At a glance

Single family
Built 2024
Waterfront
Lake Front
2 car garage
4,940 sqft lot
Lot size
2,522 sqft
Living area

Payment

Est. monthly payment
$2,967/mo
Down payment (20%)
$77,000
Property taxes
$758/mo
HOA
$110/yr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2024
Lot
4,940 sqft
Cooling
Central Air
Heating
Central
Parking
-
Waterfront
Lake Front
Days on Market
61
Primarybedroom Upstairs
Thermostat
Walk-in Closet(s)
Lighting
Private Mailbox
Convection Oven
Dishwasher
Disposal
Dryer
Freezer
Ice Maker
Microwave
Range
Refrigerator
Washer
Flood Zone X
Annual Tax (2025)
$9,093
Parcel #
27-26-31-709006-004350

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
Lake Charles Residence Ph 2
County
Polk
MLS Area
33837 - Davenport
Lot Size
4,940 sqft
HOA
$110/yr
Mary

Price history

Date
Event
Price
8/15/2026
Listed for sale
Source: Stellar MLS #S5155696
$385,000
$153/sqft

Neighborhood

1234 Red Hill Rd
Davenport, FL, 33837 · 33837 - Davenport

Market insights

Offer Insights

Choose an offer strength

List price: $385,000
$382,500 – $385,000
99.5% – 100% of listTops out right at the list price
80% of listList price
313 of the last 466 home closings in 33837 landed at this number or higher (67%). The median one sat 35 days before it went under contract, and this one is on day 61.

Sample: 466 closed home sales in 33837 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$2,967/mo
Principal & interest$2,008
Property taxes$758
Insurance$193
HOA$9
Down payment20% · $77,000
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

$385,000

$153 per sq ft

Beds and baths

5 beds, 4 baths

Size

2,522 sq ft

Time on market

61 days

Year built

2024

Monthly payment

About $2,967/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $9,093 annual tax bill, insurance, and the $110/yr HOA fee.

HOA fee

$110/yr

Managed by Mary.

Flood zone

Zone X

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

Offer

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Brokered byADVANCE FLORIDA REALTY, INC.Listing agent: Fabio GilbeauxListing data from Stellar MLS, MLS# S5155696.

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