240 1ST STREET, DAVENPORT, FL, 33837
Active4 days on marketListed Sep 16, 2026MLS #O6442420
About this home
240 1ST STREET
Almost 10 acres of income producing property that is situated well for future development. One main home and several income producing manufactured homes with the ability to subdivide. Current income is over $10,000 monthly. Subdivision is possible if city water and sewer are connected. Currently it's well water and septic. Adjacent property was already developed by DR Horton with medium density housing. This property still feels like it's miles away with quiet land but it's conveniently located only 1 mile from Highway 27 with shopping, dining, and hospitals nearby. High and dry with the only low land on the NorthWest corner of the property creating a natural buffer between neighbors.
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
2,314
Sqft
9.8 ac
Lot size
8
Garage
1974
Year built
One
Levels
$691
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 — not generic estimates.
$10,573 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$10,573/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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.
$/sqft vs FLA DEV CO SUB
$691 vs $218
Days on market
4 vs 54 typical
Where $691/sqft sits among the 6 homes for sale in FLA DEV CO SUB
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.
Where it sits
Inside Davenport
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Davenport. See the full Davenport guide →
DAVENPORT 33837 — neighborhood snapshot
Population
45,144
Median age
37.7
Median income
$75,861
Median home value
$297,700
Avg household
2.96
Households w/ children
5,646
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 → $366K
Davenport median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
1 of 6
FLA DEV CO SUB have cut their price
Median sold price, Davenport, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 395% above the DAVENPORT 33837 median. See the full Davenport market guide →
Paper trail
This home's history
Reality check
What actually sold near 240 1ST STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’26$429,999
1489 HOLLY HILL ROAD · same community
4 bd · 2 ba · 2,037 sqft · $211/sqft · 24 DOM
Sold · Aug ’26$415,000
1483 HOLLY HILL ROAD · same community
4 bd · 2 ba · 2,037 sqft · $204/sqft · 49 DOM
Sold · Aug ’26$429,999
1489 HOLLY HILL ROAD · same community
4 bd · 2 ba · 2,037 sqft · $211/sqft · 0 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
Darrick Cook
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 240 1ST STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 240 1ST STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from Darrick's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
240 1ST STREET FAQs
What would the monthly payment be for 240 1ST STREET?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $10,573/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 240 1ST STREET?+
The most recent tax bill on record (2025) was $14,155. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Davenport?+
At $1,600,000, this home is listed about 310% above the Davenport median of $389,900. The market section on this page shows how the area is trending.
Which schools are assigned to 240 1ST STREET?+
Loughman Oaks Elementary School (elementary), Ridge Community High School (high), Shelley S. Boone Middle School (middle) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of ORLANDO REGIONAL REALTY · Kristi Rujano. MLS #O6442420.
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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