240 Famagusta DriveNew Construction Home in Davenport, FL
Davenport, FL 33896 · Polk County
$550,000
$575,000
$269/sq ft
Photos of 240 Famagusta Drive
1 / 17About this home
Welcome to this beautifully furnished 5-bedroom, 4.5-bath vacation home located in the highly desirable Azur Resort community. Designed for both personal enjoyment and investment potential, this spacious home features an open-concept floor plan, modern kitchen with granite countertops, large living and dining areas, and themed guest accommodations. Step outside to your private screened-in patio and splash pool, perfect for relaxing after a day at the parks. Azur Resort offers resort-style amenities and is conveniently located near Disney World, ChampionsGate, world-class golf, shopping, dining, and major highways. Zoned for short-term rentals, this turnkey property is an excellent opportunity for investors, vacation homeowners, or those seeking a flexible Florida lifestyle.
Home details and costs
- MLS number
- O6414108
- Property type
- Townhouse
- Build stage
- Move-In Ready
- Heated square feet
- 2,048 sq ft
- Total under roof
- 2,048 sq ft
- Stories
- 2 Story
- Lot size
- 0.06 acres
- Subdivision
- Azur Residence
- HOA fee
- $525/mo
- Annual property tax
- $5,137 (current assessment)
- Days on market
- 124 days
Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds
What would this home actually cost per month?
Pre-filled with this listing's price and HOA. Adjust anything to match your situation.
Estimated monthly payment
$4,877
$55,000 down (10%) on a $495,000 loan
- Principal and interest
- $3,129
- Property tax (estimated)
- $750
- Homeowners insurance
- $267
- HOA
- $525
- PMI (under 20% down)
- $206
CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.
The tax figure in the MLS looks like a bare-lot assessment. It lists $5,137 a year, while taxing this purchase price works out closer to $9,000. On new construction the county reassesses once the house is finished, so budget from the higher number.
Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.
Get the real numbers on this homeWhat is negotiable on this home?
Here is what this listing's numbers say about the builder's position.
On the market 124 daysWorth knowing
Past the 90-day mark is where most builders start getting more flexible on concessions, even while holding the published price.
Reduced $25,000 (4%)Worth knowing
Originally listed at $575,000. A builder that has already cut once has acknowledged the first number did not work. That is a different conversation than one who has never moved.
Finished and standingWorth knowing
A completed home with a Certificate of Occupancy is inventory, not a future sale. Builders treat standing inventory very differently from a lot they have not broken ground on.
Where builders actually give
Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.
Assigned schools
- Elementary
- Loughman Oaks Elem
- High
- Davenport High School
School assignments come from the MLS and change. Confirm directly with the district before relying on them.
Virtual tour
View the virtual tour for 240 Famagusta Drive→Other new construction homes in Davenport
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Listed by Linart Realty, Llc. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 240 Famagusta Drive, Davenport, FL 33896 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.