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$1,600,000

240 1ST STREET, DAVENPORT, FL 33837

3D Tour
Active1 days on market

Beds

3

Baths

3

Sq Ft

2,314 sq ft

Year Built

1974

Lot Size

9.80 acres

Garage

8

About This Property

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.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #O6442420
StatusActive
Year Built1974
Total Rooms3
ConstructionBlock
RoofShingle
FoundationBlock
FacesWest
SubdivisionFLA DEV CO SUB
CountyPolk
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Living Room/Dining Room Combo, Thermostat
FlooringTile
AppliancesDishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
LaundryInside
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorStorage
FencingChain Link
Lot Size9.80 acres (426,740 sq ft)
Road SurfaceAsphalt
0

Utilities

WaterWell, Well Required
SewerSeptic Tank
UtilitiesElectricity Available, Electricity Connected

Parking

GarageYes (8 spaces)
CarportYes

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$1,600,000
Annual Taxes$14,155 (2025)
FinancingCash, Conventional, Owner May Carry
ZoningR-3
Parcel #272706726500041100

Directions

I-4 South on Highway 27 to a right on Sanders Rd. In .6 miles make a right onto 1st Street.

Location

240 1ST STREET, DAVENPORT, FL 33837

Listing Information

OfficeORLANDO REGIONAL REALTY
ListedSeptember 16, 2026

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Home Price

$1,600,000

20% ($320,000)
6.75%

Loan Term

Principal & Interest$8,302
Property Tax (est.)$1,467
Insurance (est.)$150
Total Monthly$9,919
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: September 17, 2026.

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