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$274,900

Beds
3
Baths
2.5
sq ft
1,421

740 Madison Dr, Davenport, FL 33837

740 Madison Dr

DAVENPORT, FL 33837

  • 134 days on market
    • Price drop $5,000↓
MOTIVATED SELLER!!! $10k PRICE REDUCTION! Don't miss your opportunity to step into spacious modern living with this beautifully crafted 2021 built END UNIT in rapidly growing Davenport, FL! This home features 3 spacious bedrooms, 2.5 bathrooms, and a bright, open-concept design that blends comfort and style at every turn. Located on the CORNER lot, the home offers extra windows, allowing abundant natural sunlight, and a larger side & back yard—perfect for outdoor relaxation or entertaining. Enjoy the peace of mind that comes with newer construction, including energy-efficient stainless steel appliances, updated HVAC system and block construction, helping save TONS on maintenance and insurance costs. The oversized kitchen boasts granite countertops and additional cabinet space, balancing modern design with practical functionality. Nestled in a highly desirable area of Davenport, you’ll benefit from easy access to schools, shopping, and major highways such as Highway 27 and I-4. Whether you’re a first-time homebuyer or an investor, this property combines low HOA fees with the exciting future growth and appreciation of the Davenport community—making it a smart choice for both living and investing.

Details

Property type

Townhouse

Est. home value

$294,413

Lot size

3,036 sq ft

Price per sq ft

$194

Year built

2021

Annual property taxes

$3,710

Monthly HOA fee

$233

Price History

02/21/2025
StellarMLS

StellarMLS #S5114183

Price change
$274,900
-1.79%
01/07/2025
StellarMLS

StellarMLS #S5114183

Price change
$279,900
-1.58%
12/05/2024
StellarMLS

StellarMLS #S5114183

Price change
$284,400
-0.18%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Playground, Pool, Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$45,605
Asking price
$274,900
Closing costs (~8% of asking)
-$21,992
Est. remaining loan balance
-$207,303
Cash to seller
$45,605

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fbc Mortgage Llc

Loan start date

April 2021

Original loan amount

$226,805

Est. remaining balance

$207,303

Interest rate

2.81%

Loan type

FHA, 30 year

Seller

Michael A Ellis and Lakenja Aljori Davis

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/04/2025 at 3:50 AM

Listing updated: 02/21/2025 at 11:21 AM

Listed by: Matthew Harris, REAL BROKER, LLC Phone #: (407) 279-0038

MLS: StellarMLS #S5114183

StellarMLS logo

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