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707 Terrace Ridge Cir #707, Davenport, FL, 33896

3beds
2baths
1,542sqft
$219,900
$143price/sqft
$1,549/moest. monthly cost
$61,960/yrincome needed

About This Home

One or more of the photos have been virtually staged. Prime short-term rental opportunity! This 3-bedroom, 2-bath ground-floor condo offers excellent potential for short-term rental income or a low-maintenance primary or secondary residence. The well-maintained interior reflects true pride of ownership, featuring a modern kitchen with expansive granite countertops and updated lighting that enhances the bright, open feel of the living space. The spacious primary suite includes an updated bathroom with a granite vanity and walk-in shower. The guest bathroom has also been tastefully improved with a dual granite vanity. Fresh interior paint throughout gives the home a clean, move-in-ready feel. Monthly HOA dues provide exceptional value, covering water, trash, basic cable, and high-speed internet. Residents and guests enjoy access to resort-style amenities including a community pool, fitness center, and clubhouse — with this unit conveniently located just steps from the pool. Situated minutes from ChampionsGate, shopping, dining, and major highways, this property offers strong rental appeal and everyday convenience. A versatile opportunity in a highly desirable area — schedule your private showing today.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

2/10
3/10
2/10
Davenport High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 2005

Materials

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

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Primary Bedroom Main Floor,Stone Counters,Walk-In Closet(s)
  • Door features: Sliding Doors
  • Flooring: Carpet,Tile

Great Room

  • Features: Ceiling Fan(s),No Closet
  • Level: First

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,612
  • Total interior livable area: 1,542 sqft

Kitchen

  • Features: Pantry,No Closet
  • Level: First

Primary Bedroom

  • Features: Ceiling Fan(s),Walk-In Closet(s)
  • Level: First

Property

Details

  • Parcel number: 272602701011004150
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch,Screened
  • Exterior features: Sidewalk

Lot

  • Lot size: 684 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 $1,111$13,332
Home Insurance *$108$1,296
Property Taxes $133$1,596
Electricity $197$2,366
Total$1,549$18,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,108/yr
40% on housing$46,470/yr
45% on housing$41,306/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

$143This 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)

No zestimate history available

Price History

DateEventPrice
2026-03-11Price change$219,900
2026-02-01Listed for sale$229,900

For Sale by Agent

AgentNichole Moody, RE/MAX REALTY UNLIMITED, Aviree Jordan, RE/MAX REALTY UNLIMITED
BrokerageRE/MAX REALTY UNLIMITED

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