714 TERRACE RIDGE CIRCLE UNIT 714, DAVENPORT, FL, 33896
Active55 days on marketListed Jun 13, 2026MLS #S5151621
About this home
714 TERRACE RIDGE CIRCLE UNIT 714
MAJOR REDUCTION…Garage included…. Fully furnished 2-bedroom, 2-bathroom second-floor condo located in the gated community of Terrace Ridge with great amenities. The building offers an elevator for ease of access. This spacious floor plan features an open living and dining area with sliding glass doors leading to a private balcony overlooking the community pool. The balcony is East facing. The well-appointed primary suite offers a large walk-in closet with a unique owner’s storage extension located at the back giving additional storage plus an en-suite bath featuring a double vanity, walk-in shower, and a garden tub with shower. The split-bedroom layout provides privacy and comfort for residents and guests alike. Kitchen is open to living & dining with a bar top for additional seating and just off dining area there is another counter that can be used as a desk or storage. Additional highlights include an inside laundry area, mechanical closet and two additional storage closets conveniently located near the entry to the unit right off the kitchen. An uncommon and highly desirable feature of this unit is the PRIVATE GARAGE that conveys with the purchase. Residents enjoy access to a community pool, hot tub, volleyball court, clubhouse, and fitness center. Monthly fees include water, sewer, basic cable/internet and valet trash service for added convenience. Whether you're looking for a primary residence, vacation home, or investment property, this move-in-ready condo offers comfort, convenience, and exceptional location. This is an ever growing area with easy access to shopping, dining, medical and I-4 access. About half way between Orlando & Tampa. Short Term Rental Approved.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,276
Sqft
0.02 ac
Lot size
2
Garage
2005
Year built
Three Or More
Levels
$149
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 — not generic estimates.
$1,430 /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
$1,430/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
+9.4%
$/sqft vs Davenport actives
$149 vs $191
Days on market
55 vs 53 typical
Where $149/sqft sits among the 400 Davenport actives
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 Town Center, 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
Zoned & eligible
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$2,298/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 Town Center
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Town Center is a short-term-rental community. See the full guide →
Town Center — neighborhood snapshot
Population
3,255
Median age
32
Median income
$63,333
Median home value
$281,800
Avg household
3
Households w/ children
290
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
$350K → $370K
Davenport median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
173 of 400
Davenport actives have cut their price
Median sold price, Davenport, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 49% below the DAVENPORT 33896 median. See the full Davenport market guide →
Paper trail
This home's history
Reality check
What actually sold near 714 TERRACE RIDGE CIRCLE UNIT 714
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$345,000
213 SUNSET CT
3 bd · 2 ba · 1,273 sqft · $271/sqft · 37 DOM
Sold · Oct ’25$233,000
245 HOLLINGSHEAD LOOP
3 bd · 2 ba · 1,284 sqft · $181/sqft · 36 DOM
Sold · Jun ’26$350,000
142 HOLLINGSHEAD LOOP
3 bd · 2 ba · 1,263 sqft · $277/sqft · 149 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
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 714 TERRACE RIDGE CIRCLE UNIT 714 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 714 TERRACE RIDGE CIRCLE UNIT 714 — 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
714 TERRACE RIDGE CIRCLE UNIT 714 FAQs
What would the monthly payment be for 714 TERRACE RIDGE CIRCLE UNIT 714?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,430/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 714 TERRACE RIDGE CIRCLE UNIT 714?+
The most recent tax bill on record (2025) was $814. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 714 TERRACE RIDGE CIRCLE UNIT 714 be rented short-term?+
Yes — this home sits inside Town Center, 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 714 TERRACE RIDGE CIRCLE UNIT 714?+
The listing reports pets: Breed Restrictions, Size Limit. 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 $189,900, this home is listed about 51% below the Davenport median of $389,999. The market section on this page shows how the area is trending.
Which schools are assigned to 714 TERRACE RIDGE CIRCLE UNIT 714?+
Loughman Oaks Elementary School (elementary), Ridge Community High School (high), Shelley S. Boone Middle School (middle) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the DAVENPORT 33896 market on paper
$189,900 is 49% below the DAVENPORT 33896 median of $375,000, and at $149/sqft it sits under the Davenport average of $196.
02Zoned for nightly rentals
Town Center 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.
03Pool views
The pool view is part of what you're buying — views hold value independently of the structure.
04The price has already moved
Listed at $210,000, now $189,900 — a $20K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of CHAMPION HOMES · Brandy Murphy. MLS #S5151621.
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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