Residential Active
1234 RED HILL ROAD, DAVENPORT
1234 RED HILL ROAD
  • $385,000

Overview

  • S5155696
  • Property ID
  • Single Family Residence
  • Property Type
  • 0.11
  • Lot Square Feet
  • 5
  • Bedrooms
  • 3.5
  • Bathrooms
  • 2
  • Garages
  • 2522
  • Square Feet
  • 2024
  • Year Built

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.

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Signature Collection Realty
  • Signature Collection Realty

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Signature Collection Realty
  • Signature Collection Realty

George Radford

George Radford, 32 years old and from London. Co-founder and director of Bellingtons Property Group. George describes him as a hardworking, enthusiastic and determined young entrepreneur. George decided to co-found Bellingtons Property Group to be a part of something that is meaningful, impactful and helps others. Not content on letting his clients settle for mediocracy, George is someone that sets goals and helps his clients achieve them.

With family ties in the Marbella area for more than 30 years, George has lived and worked here for many years accumulating invaluable first-hand knowledge and connections that he can pass on to benefit his clients. When asked how George would describe his clientele, he says “My wonderfully diverse clients are great! From finance to tech, elite sport to medicine, working with such a broad range of professionals is so enjoyable”. George has experience when it comes to selling every type of property. Working with first time buyers to luxury homes, he values providing an unparalleled service that he can be proud of.

 What clients appreciate most when working with George is his laid back, low pressured and patient approach with them yet tenacious attitude and commitment on their behalf. George feels strongly that his ability to listen and comprehend his clients demands is what helps him build such strong client relationships.

  • +34 664 01 34 40
  • george@bellingtonspropertygroup.com

Sam Bobes Gilroy

As a native Andalusian with a British heritage, Sam is a fluent English and Spanish speaker who has lived his in Marbella for 30 years. Sam has been one of the most influential individuals in the Real Estate sector for the last 8 years, gaining invaluable experience along the way whilst working for several leading brand name agencies before co-founding Bellingtons Property Group.

Sam brings extensive industry experience to the team, allowing him to advise his international clients complete solution to fulfil their needs, whilst streamlining the whole process whether it be buying or selling. He’s obtained a very strong real estate network during his early successful career and prides himself on his excellent local knowledge, setting his clients up for success.

  • +34 637 13 91 98
  • sam@bellingtonspropertygroup.com

Pelayo Gomez Picó

Pelayo is the co-founder and partner of Bellingtons Property Group. A graduate from Richmond, The American University in London with BSc Honours in Business Management & Finance, Pelayo is highly acquainted with corporate planning, risk management whilst having strong negotiation, communication, and quantitative skills.

He has ample experience dealing with high-net-worth clients while he excelled working for a boutique hedge fund in London, assigned to the derivatives desk where he focused on Options Trading in US markets. With his diverse background, as well as being born and raised in Marbella, Pelayo has brought another dimension to the ethos of the company.

Pelayo speaks three languages: English, German, and his native tongue, Spanish.

  • +34 661 41 43 56
  • pelayo@bellingtonspropertygroup.com