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505 TERRACE RIDGE CIRCLE #505, Davenport, FL, 33896

4beds
2baths
1,688sqft
$255,000
$151price/sqft
$1,767/moest. monthly cost
$70,680/yrincome needed

About This Home

This UPGRADED AND FURNISH Condo at Terrace Ridge At Town Center, a GATED COMMUNITY. THE HOA FEE INCLUDED CABLE, INTERNET, VALET TRASH SEVICE, WATER, PEST CONTROL building insurance and grounds maintenance.NEW ROOF 2024 Close to shopping, Walt Disney World, Reunion, Champions Gate, and easy access to major freeways makes this a desired area to live and enjoy the Central Florida Lifestyle. This lovely 4 bedroom, 2 bath, CORNER UNIT, is on the TOP FLOOR, with access via stairs, lets in extra light and great views. The OPEN-CONCEPT Living area is inviting and bright with many windows,HIGH CEILINGS, built-in desk and beautiful LAMINATE FLOOR THROUGHOUT. The Kitchen has a Breakfast Bar, upgraded cabinets and CUSTON LIGHTING. Relax on your SCREAM BALCONY over looking the nature and mature trees. This SPLIT FLOOR PLAN unit has spacious bedrooms and dual sinks in the guest and master bathrooms to provide more than ample space for those extra guests. The GARDEN TUB in the Guest Bathroom will be a welcome place to soak after a long day at the theme parks! Relax at your community pool with close proximity to unit. Additional amenities include a clubhouse, fitness center and game room. THIS UNIT HAS A STORAGE ROOM.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

2/10
3/10
3/10
Davenport High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Exhaust Fan,Freezer,Microwave,Refrigerator,Washer
  • Laundry features: Laundry Closet

Balcony Porch Lanai

  • Level: Second
  • Area: 56
  • Dimensions: 7x8

Bathroom2

  • Features: Tub With Shower
  • Level: Second
  • Area: 90
  • Dimensions: 9x10

Bedroom2

  • Features: Ceiling Fan(s),Built-in Closet
  • Level: Second
  • Area: 90
  • Dimensions: 9x10

Bedroom3

  • Features: Ceiling Fan(s),Built-in Closet
  • Level: Second
  • Area: 120
  • Dimensions: 10x12

Bedroom4

  • Features: Ceiling Fan(s),Built-in Closet
  • Level: Second
  • Area: 120
  • Dimensions: 10x12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: Second
  • Area: 108
  • Dimensions: 12x9

Features

  • Ceiling Fan(s),Dry Bar,High Ceilings,Living Room/Dining Room Combo,Thermostat,Walk-In Closet(s)
  • Door features: Sliding Doors
  • Flooring: Laminate,Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,758
  • Total interior livable area: 1,688 sqft

Kitchen

  • Features: Pantry
  • Level: Second
  • Area: 195
  • Dimensions: 13x15

Living Room

  • Features: Built-in Features
  • Level: Second
  • Area: 140
  • Dimensions: 14x10

Primary Bathroom

  • Features: Dual Sinks,Exhaust Fan,Shower No Tub
  • Level: Second
  • Area: 90
  • Dimensions: 9x10

Primary Bedroom

  • Features: Ceiling Fan(s),En Suite Bathroom,Walk-In Closet(s)
  • Level: Second
  • Area: 208
  • Dimensions: 13x16

Property

Details

  • Parcel number: 272602701011003240
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: In Ground
  • Patio & porch: Covered
  • Exterior features: Balcony,Sidewalk

Lot

  • Lot size: 683 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Strong Wind
    Strong WindVery High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Hurricane
Heat Wave
Inland Flooding
Tornado
Wildfire

FEMA Declared Disasters in Polk County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,289$15,468
Home Insurance *$126$1,512
Property Taxes $155$1,860
Electricity $197$2,366
Total$1,767$21,204
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,582/yr
40% on housing$53,010/yr
45% on housing$47,120/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$151This listing

vs Other Active Listings

Avg $/sqft

ZIP 33896$177
Polk County$134

vs Homes Sold Last Month

Median $/sqft

ZIP 33896$184
Polk County$179

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-16Listed for sale$255,000
2026-04-01Listing removed$265,000
2025-12-15Price change$265,000
2025-10-24Price change$275,000
2025-09-16Price change$283,000
2025-05-14Price change$288,000
2025-04-12Listed for sale$298,000
2024-07-11Listing removed$315,000
2024-05-21Listed for sale$315,000
2016-12-22Listing removed$129,000
2016-09-16Price change$129,000
2016-08-02Listed for sale$139,000

For Sale by Agent

AgentClaudia Bonilla PA
BrokerageEMPIRE NETWORK REALTY

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