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Ryan Ditmar

ryan@lineagere.com +1(407) 497-4717

$ 385,000

Est. payment | -/mo

5 Beds

4 Baths

2,522 SqFt

Save Virtual Tour

$ 385,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

4 Baths

2,522 SqFt

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

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.

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

Virtual Tour https://www.propertypanorama.com/instaview/stellar/S5155696

Listed by Fabio Gilbeaux ADVANCE FLORIDA REALTY, INC.

NEARBY SCHOOL & BUSINESS

+1(407) 497-4717

ryan@lineagere.com

9209 Reymont Street, Orlando, FL 32827, United States

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