503 MONTARA DRIVE, DAVENPORT, FL, 33897
Pending113 days on marketListed Apr 2, 2026MLS #S5146972
About this home
503 MONTARA DRIVE
PRICE IMPROVEMENT! Located in the Calabay community of Davenport, this 4-bedroom, 3-bathroom home offers a functional layout, indoor-outdoor living, and strong potential for both primary residence and investment opportunities. As you step inside, you’re welcomed by a central hallway that guides you through the home’s well-designed floor plan. To the left, the kitchen and dining area are seamlessly connected—ideal for everyday living and easy entertaining. The kitchen features stainless steel appliances, ample cabinet and counter space, and a tile backsplash, providing both style and functionality. Moving further into the home, the living room opens up with abundant natural light pouring in through double sliding glass doors that lead directly to the pool deck. A stone accent wall creates a natural focal point—perfect for a TV or entertainment setup. The split layout offers added privacy, with two primary-style suites positioned on opposite sides of the living area—each with its own bathroom and direct access to the pool deck. The main primary suite features two walk-in closets and an en-suite bathroom complete with dual vanities, a walk-in shower, and a soaking tub. On the opposite side of the home, the additional bedrooms are similar in size and layout and share a well-appointed bathroom, offering flexibility for guests, family, or rental use. Step outside to enjoy the covered and screened-in pool deck, complete with a ceiling fan for added comfort. The spacious pool area is ideal for relaxing, entertaining, or hosting gatherings year-round. Conveniently located near major roads, highways, shopping, dining, and entertainment, this home provides easy access while still offering a comfortable and private setting.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
1,841
Sqft
0.16 ac
Lot size
2
Garage
2003
Year built
One
Levels
$185
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 and the real association fee — not generic estimates.
$2,825 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$2,825/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.
vs edgeAI estimate
−10.7%
Days on market
113 vs 42 typical
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.
The investor lens
Two ways this home pays
This home sits inside Calabay Parc, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental · projected
$42,033/yr gross
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$2,295/mo median
Live Davenport rental listing data — this home’s rate depends on size, condition and furnishing.
The Florida short-term market
▼ Softening46%
Occupancy
▼ 35% yr/yr
$302
Avg nightly rate
▲ 16% yr/yr
$31K/yr
Revenue per listing
$138
RevPAR
70 days
Booking lead time
5.9 nights
Avg stay
3
Typical min nights
3,730
Active rentals
▲ 7% supply
Seasonality — monthly occupancy
Peaks at 55% in Mar · bottoms at 36% in Jun
Last 12 months of data, January–December, bars scaled to the seasonal peak. Market-wide averages across all home sizes in Florida — the projection above is specific to this home’s size.
Where it sits
Inside Calabay Parc
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Calabay Parc is a short-term-rental community. See the full guide →
DAVENPORT 33897 — neighborhood snapshot
Population
29,206
Median age
38.9
Median income
$73,457
Median home value
$279,100
Avg household
2.85
Households w/ children
3,278
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
$342K → $363K
Davenport median sold, yr/yr
97.5%
Sale-to-list ratio (12 mo)
Median sold price, Davenport, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 3% below the DAVENPORT 33897 median. See the full Davenport market guide →
Paper trail
This home's history
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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 503 MONTARA DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 503 MONTARA DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
503 MONTARA DRIVE FAQs
What would the monthly payment be for 503 MONTARA DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,825/mo — principal and interest, the actual property-tax bill, the $159/mo association fee 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.
How much are the HOA fees at 503 MONTARA DRIVE?+
The association fee works out to $159 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 503 MONTARA DRIVE?+
The most recent tax bill on record (2025) was $4,249. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 503 MONTARA DRIVE be rented short-term?+
Yes — this home sits inside Calabay Parc, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
Are pets allowed at 503 MONTARA DRIVE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Davenport?+
At $340,000, this home is listed about 13% below the Davenport median of $388,995. The market section on this page shows how the area is trending.
Which schools are assigned to 503 MONTARA DRIVE?+
Loughman Oaks Elementary School (elementary), Ridge Community High School (high), Lake Alfred Polytech Academy (middle) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the DAVENPORT 33897 market on paper
$340,000 is 3% below the DAVENPORT 33897 median of $352,000, and at $185/sqft it sits under the Davenport average of $196.
02Zoned for nightly rentals
Calabay Parc is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
03Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
04Time on market is leverage
113 days on market against a Davenport median of 42 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $350,000, now $340,000 — a $10K cut. The full history is in the market section below.
Listing courtesy of EXP REALTY LLC · Steve Pugh. MLS #S5146972.
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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