122 CAPRI DRIVE, DAVENPORT, FL, 33897
Active22 days on marketListed Jul 2, 2026MLS #S5152956
About this home
122 CAPRI DRIVE
Not all homes in Regal Palms are created equal, and this exceptional residence is proof. Beautifully renovated, impeccably maintained, and being sold fully furnished, this turnkey property is ready to begin generating rental income immediately or become your own full-time Florida retreat. From the moment you arrive, you'll appreciate the charming front porch, brick paver driveway, assigned parking, and inviting curb appeal. Inside, nearly every detail has been thoughtfully upgraded. The showstopping kitchen has been completely reimagined with floor-to-ceiling custom cabinetry, a timeless farmhouse sink, premium stainless steel appliances, an upgraded washer and dryer, and an abundance of storage rarely found in the community. Updated flooring, recessed lighting, designer ceiling fans, and modern finishes throughout create a bright, sophisticated space that feels better than new. Upstairs, all bedrooms are privately situated, creating the perfect separation between entertaining and relaxing. Every room reflects the pride of ownership and meticulous care that make this home truly move-in ready. Step outside to one of this home's most extraordinary features—an oversized screened lanai with a private hot tub overlooking no rear neighbors. This expanded outdoor living space is one of the few grandfathered extensions in Regal Palms and can no longer be added, making it an incredibly rare amenity that sets this property apart from virtually every other home in the community. Whether you're enjoying your morning coffee or unwinding after a day at the parks, this private outdoor retreat is a feature guests and owners alike will appreciate. Beyond your front door, Regal Palms offers one of Central Florida's most sought-after resort lifestyles. Behind the 24-hour guard-gated entrance, you'll discover a tropical paradise featuring sparkling resort pools, a lazy river, exhilarating waterslides, a full-service spa, fitness center, arcade, playground, volleyball court, restaurant, bar, ice cream shop, and beautifully landscaped grounds lined with towering palm trees that truly live up to the community's name. Perfectly positioned just off Highway 27, you'll enjoy quick access to Publix, Target, Starbucks, Posner Park, championship golf courses, endless dining and shopping, and Walt Disney World just a short drive away. Whether you're searching for a high-performing short-term rental, a vacation getaway, or a full-time residence, opportunities like this are incredibly rare. While there are many homes in Regal Palms, few offer this level of renovation, this exceptional condition, and a grandfathered outdoor living space that simply cannot be replicated. This is more than a home—it's a lifestyle and an investment you'll be proud to own.
Facts & features
The home at a glance
3
Bedrooms
2.5
Bathrooms
1,457
Sqft
0.04 ac
Lot size
2005
Year built
Two
Levels
$158
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.
$2,465 /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
$2,465/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
+21.5%
$/sqft vs Davenport actives
$158 vs $189
Days on market
22 vs 42 typical
Where $158/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 Highlands Reserve, 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
$38,546/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 Highlands Reserve
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Highlands Reserve 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)
165 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 34% below the DAVENPORT 33897 median. See the full Davenport market guide →
Paper trail
This home's history
Reality check
What actually sold near 122 CAPRI DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$440,000
1050 ST ANDREWS ST
3 bd · 2 ba · 1,514 sqft · $291/sqft · 3 DOM
Sold · Jun ’26$365,000
142 SANTANA PLACE
4 bd · 3 ba · 1,542 sqft · $237/sqft · 38 DOM
Sold · Jun ’26$360,000
221 GROSVENOR LOOP
4 bd · 2 ba · 1,562 sqft · $230/sqft · 82 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 122 CAPRI DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 122 CAPRI 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
122 CAPRI DRIVE FAQs
What would the monthly payment be for 122 CAPRI DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,465/mo — principal and interest, the actual property-tax bill, the $706/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 122 CAPRI DRIVE?+
The association fee works out to $706 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 122 CAPRI DRIVE?+
The most recent tax bill on record (2025) was $1,721. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 122 CAPRI DRIVE be rented short-term?+
Yes — this home sits inside Highlands Reserve, 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 122 CAPRI DRIVE?+
The listing reports pets: No. 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 $230,000, this home is listed about 41% below the Davenport median of $388,995. The market section on this page shows how the area is trending.
Which schools are assigned to 122 CAPRI 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
$230,000 is 34% below the DAVENPORT 33897 median of $350,000, and at $158/sqft it sits under the Davenport average of $196.
02Zoned for nightly rentals
Highlands Reserve 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.
03Move-in furnished
The furniture conveys — a genuine head start for a second home or rental, and one less five-figure line item after closing.
04Know the monthly fee
The association fee is $706/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
05The price has already moved
Listed at $240,000, now $230,000 — a $10K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of ORANGE SLICE PROPERTIES · Luana Oliveira. MLS #S5152956.
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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