508 HILLCREST DRIVE, DAVENPORT, FL, 33897
Active75 days on marketListed Jun 4, 2026MLS #O6407857
About this home
508 HILLCREST DRIVE
UPDATED SINGLE STORY POOL HOME for sale only 20 minutes to Walt Disney World! SELLER OFFERING TO PAY CREDIT TOWARDS BUYERS CLOSING COSTS. NATURAL LIGHT, a sparkling PRIVATE POOL, shaded LANAI, and NO REAR NEIGHBORS - this is the backyard oasis you've been looking for! You can even catch Disney fireworks and rocket launches in the distance from the comfort of your backyard. With a very LOW HOA and NO CDD FEES, this property is budget-friendly. Enjoy substantial savings with solar panels installed in 2018, which will be paid off by the sellers at closing—allowing you to own them outright. Over the past year, the average electric bill has been a mere $75-$100 per month! ROOF 2017. HVAC 2020. HOME REWIRE 2020. NEW WATER HEATER 2022. NEW POOL PUMP 2022. NEW POOL HEATER 2022. SPRAY INSULATION in the attic 2018. NEW SLIDING GLASS DOOR 2024. PRIMARY BATHROOM SHOWER UPDATED 2024! This home has been lovingly maintained and is ready for new homeowners. This property is a fantastic primary residence and is also zoned for SHORT TERM RENTALS, allowing you to rent it out nightly. Long term rentals are also permitted. NORTHEAST REGIONAL PARK IS RIGHT NEXT DOOR TO HILLCREST with a DOG PARK, BASKETBALL COURTS, SOCCER FIELDS, WALKING TRAILS, PLAYGROUND, TENNIS COURTS, and BASEBALL FIELDS. Washer and dryer convey with the sale. Come to see for yourself - schedule your private tour today! Home back on market due to no fault of the seller. Clean inspection and strong appraisal.
Facts & features
The home at a glance
4
Bedrooms
2
Bathrooms
1,414
Sqft
0.15 ac
Lot size
2
Garage
2001
Year built
One
Levels
$244
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,583 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,583/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+0.5%
$/sqft vs Davenport actives
$244 vs $191
Days on market
75 vs 55 typical
Where $244/sqft sits among the 400 Davenport actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
The investor lens
Two ways this home pays
This home sits inside Lake Davenport, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental
Zoned & eligible
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$2,250/mo median
Live Davenport rental listing data — this home’s rate depends on size, condition and furnishing.
Where it sits
Inside Lake Davenport
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Lake Davenport is a short-term-rental community. See the full guide →
DAVENPORT 33897 — neighborhood snapshot
Population
29,206
Median age
38.9
Median income
$73,457
Median home value
$279,100
Avg household
2.85
Households w/ children
3,278
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Davenport market
$350K → $370K
Davenport median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
187 of 400
Davenport actives have cut their price
Median sold price, Davenport, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 2% above the DAVENPORT 33897 median. See the full Davenport market guide →
Paper trail
This home's history
Reality check
What actually sold near 508 HILLCREST DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$330,000
431 HILLCREST DRIVE · same community
4 bd · 2 ba · 1,414 sqft · $233/sqft · 24 DOM
Sold · Feb ’26$315,000
602 HILLCREST DRIVE · same community
4 bd · 2 ba · 1,426 sqft · $221/sqft · 13 DOM
Sold · Jan ’26$372,500
516 HILLCREST DRIVE · same community
4 bd · 2 ba · 1,334 sqft · $279/sqft · 111 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Yumiko Sugawara
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 508 HILLCREST DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 508 HILLCREST DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Yumiko's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
508 HILLCREST DRIVE FAQs
What would the monthly payment be for 508 HILLCREST DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,583/mo — principal and interest, the actual property-tax bill, the $53/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 508 HILLCREST DRIVE?+
The association fee works out to $53 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 508 HILLCREST DRIVE?+
The most recent tax bill on record (2025) was $2,234. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 508 HILLCREST DRIVE be rented short-term?+
Yes — this home sits inside Lake Davenport, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
Are pets allowed at 508 HILLCREST DRIVE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Davenport?+
At $345,000, this home is listed about 11% below the Davenport median of $389,700. The market section on this page shows how the area is trending.
Which schools are assigned to 508 HILLCREST DRIVE?+
Loughman Oaks Elementary School (elementary), Ridge Community High School (high), Lake Alfred Polytech Academy (middle) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Zoned for nightly rentals
Lake Davenport is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03The price has already moved
Listed at $355,000, now $345,000 — a $10K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of REAL BROKER, LLC · Ken Pozek. MLS #O6407857.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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