707 TERRACE RIDGE CIRCLE UNIT 707, DAVENPORT, FL, 33896
Active186 days on marketListed Feb 1, 2026MLS #TB8470524
About this home
707 TERRACE RIDGE CIRCLE UNIT 707
One or more of the photos have been virtually staged. Prime short-term rental opportunity! This 3-bedroom, 2-bath ground-floor condo offers excellent potential for short-term rental income or a low-maintenance primary or secondary residence. The well-maintained interior reflects true pride of ownership, featuring a modern kitchen with expansive granite countertops and updated lighting that enhances the bright, open feel of the living space. The spacious primary suite includes an updated bathroom with a granite vanity and walk-in shower. The guest bathroom has also been tastefully improved with a dual granite vanity. Fresh interior paint throughout gives the home a clean, move-in-ready feel. Monthly HOA dues provide exceptional value, covering water, trash, basic cable, and high-speed internet. Residents and guests enjoy access to resort-style amenities including a community pool, fitness center, and clubhouse — with this unit conveniently located just steps from the pool. Situated minutes from ChampionsGate, shopping, dining, and major highways, this property offers strong rental appeal and everyday convenience. A versatile opportunity in a highly desirable area — schedule your private showing today.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,542
Sqft
0.02 ac
Lot size
2005
Year built
One
Levels
$136
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.
$2,521 /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
$2,521/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
−23.1%
$/sqft vs TERRACE RIDGE AT TOWN CENTER EAST CONDO
$136 vs $151
Days on market
186 vs 51 typical
Where $136/sqft sits among the 6 homes for sale in TERRACE RIDGE AT TOWN CENTER EAST CONDO
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
$2,295/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 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)
3 of 6
TERRACE RIDGE AT TOWN CENTER EAST CONDO have cut their price
Median sold price, Davenport, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 44% below the DAVENPORT 33896 median. See the full Davenport market guide →
Paper trail
This home's history
Reality check
What actually sold near 707 TERRACE RIDGE CIRCLE UNIT 707
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$200,000
724 TERRACE RIDGE CIRCLE UNIT 724 · same community
3 bd · 2 ba · 1,542 sqft · $130/sqft · 261 DOM
Sold · Mar ’26$220,000
617 TERRACE RIDGE CIRCLE UNIT 617 · same community
3 bd · 2 ba · 1,542 sqft · $143/sqft · 141 DOM
Sold · Dec ’25$185,000
205 TERRACE RIDGE CIRCLE UNIT 205 · same community
4 bd · 2 ba · 1,688 sqft · $110/sqft · 295 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 707 TERRACE RIDGE CIRCLE UNIT 707 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 707 TERRACE RIDGE CIRCLE UNIT 707 — 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
707 TERRACE RIDGE CIRCLE UNIT 707 FAQs
What would the monthly payment be for 707 TERRACE RIDGE CIRCLE UNIT 707?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,521/mo — principal and interest, the actual property-tax bill, the $799/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 707 TERRACE RIDGE CIRCLE UNIT 707?+
The association fee works out to $799 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 707 TERRACE RIDGE CIRCLE UNIT 707?+
The most recent tax bill on record (2025) was $2,804. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 707 TERRACE RIDGE CIRCLE UNIT 707 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 707 TERRACE RIDGE CIRCLE UNIT 707?+
The listing reports pets: Breed Restrictions, Cats OK, Dogs OK, 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 $209,900, this home is listed about 46% below the Davenport median of $389,900. The market section on this page shows how the area is trending.
Which schools are assigned to 707 TERRACE RIDGE CIRCLE UNIT 707?+
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
Five things that matter here
01Under the DAVENPORT 33896 market on paper
$209,900 is 44% below the DAVENPORT 33896 median of $375,000, and at $136/sqft it sits under the Davenport average of $195.
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.
03Know the monthly fee
The association fee is $799/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
186 days on market against a Davenport median of 51 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $229,900, now $209,900 — a $20K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX REALTY UNLIMITED · Nichole Moody. MLS #TB8470524.
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.
Never miss a listing
New Davenport homes, in your inbox
Like 707 TERRACE RIDGE CIRCLE UNIT 707 but not quite? A daily digest of every new listing in Davenport — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →