124 LANCASTER DRIVE, DAVENPORT, FL, 33897
Active1 days on marketListed Aug 14, 2026MLS #O6433702
Come see it
Upcoming open house
Sat, Aug 22
12:00 PM – 3:00 PM
About this home
124 LANCASTER DRIVE
Come see 124 Lancaster Drive, a well-updated 3-bedroom, 2-bath pool home located within a gated Davenport community that allows short-term rentals. Whether you are looking for a primary residence, Florida vacation home, or investment property, this home offers flexibility along with several major recent improvements. The home was remodeled in 2024 and features a functional, comfortable layout with updated finishes throughout. Recent improvements include a new roof installed in December 2025, A/C replaced in 2023, appliances updated in 2023, washer and dryer replaced in 2026, and a new pool pump installed in 2026, giving future owners added peace of mind on many of the home’s larger components. Step outside to the screened-in private pool area, providing a relaxing space to enjoy Florida’s warm weather, entertain guests, or unwind after a day at the nearby attractions. The property has previously operated as a successful Airbnb and remains short-term rental approved, while still offering everything needed for year-round residential living. Located in a beautifully maintained gated community with manicured surroundings and an inviting streetscape, the home is conveniently positioned near Highway 27 and US-192, with easy access to shopping, dining, entertainment, and Central Florida’s major theme parks. With its combination of recent updates, private pool, gated setting, and short-term rental flexibility, 124 Lancaster Drive is ready for its next owner to enjoy as a Florida home, vacation getaway, or investment property.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,728
Sqft
0.14 ac
Lot size
2
Garage
2005
Year built
One
Levels
$216
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.
$3,111 /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
$3,111/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
+1.2%
$/sqft vs Davenport actives
$216 vs $191
Days on market
1 vs 55 typical
Where $216/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 Highgate Park, 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
$2,290/mo median
Live Davenport rental listing data — this home’s rate depends on size, condition and furnishing.
Where it sits
Inside Highgate Park
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Highgate Park 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
$350K → $370K
Davenport median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
187 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 10% above the DAVENPORT 33897 median. See the full Davenport market guide →
Paper trail
This home's history
Reality check
What actually sold near 124 LANCASTER DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$350,000
225 HIGHGATE PARK BOULEVARD · same community
3 bd · 2 ba · 1,748 sqft · $200/sqft · 123 DOM
Sold · Apr ’26$345,000
609 KENSINGTON DRIVE · same community
4 bd · 2 ba · 2,018 sqft · $171/sqft · 93 DOM
Sold · Jan ’26$350,000
359 LANCASTER DRIVE · same community
4 bd · 2 ba · 2,018 sqft · $173/sqft · 85 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
Ryland Lock
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 124 LANCASTER DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 124 LANCASTER DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Ryland's phone and CRM.
Straight answers
124 LANCASTER DRIVE FAQs
What would the monthly payment be for 124 LANCASTER DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,111/mo — principal and interest, the actual property-tax bill, the $232/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 124 LANCASTER DRIVE?+
The association fee works out to $232 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 124 LANCASTER DRIVE?+
The most recent tax bill on record (2025) was $4,296. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 124 LANCASTER DRIVE be rented short-term?+
Yes — this home sits inside Highgate Park, 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 124 LANCASTER DRIVE?+
The listing reports pets: Breed Restrictions, 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 $373,000, this home is listed about 4% below the Davenport median of $389,900. The market section on this page shows how the area is trending.
Which schools are assigned to 124 LANCASTER 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
Four things that matter here
01Positioned at the premium end
$373,000 runs 10% above the DAVENPORT 33897 median.
02Zoned for nightly rentals
Highgate Park 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.
04Fresh on the market
Only 1 day on market in a Davenport market that averages 55 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS ADVANTAGE 2 REALTY · Nellie Peralta. MLS #O6433702.
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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