518 CAPTIVA DRIVE, Davenport, FL, 33896 | $449,000

This amazing TURNKEY. . . FULLY FURNISHED. . . PREVIOUS BUILDER MODEL HOME is a perfect investment opportunity (zoned for both short term & long term renting) located in the well sought after luxury community at Festival. You could even make this your very own vacation home! This END UNIT 3 bedroom, 2. 5 bathroom SMART HOME has everything you need and more! It has been beautifully decorated to make you or your guests feel as if the vacation you have been waiting for is right there in your living room. As you enter the property you will find the spacious MASTER SUITE to the right on the first floor with large windows letting in all that natural light! The master bathroom includes a double vanity with granite countertops and fully tiled enclosed shower. As you proceed down the hall you will enter the open concept floor plan that hosts the family room, kitchen and formal dining. The kitchen has all the room you need and more! It is equipped with STAINLESS STEEL appliances and gorgeous GRANITE countertops, farmhouse style pendant lighting over your huge CENTER ISLAND with a breakfast bar overhang that has additional seating. You also have plenty of storage capability with the numerous white cabinets throughout. The kitchen also has elegant BACKSPLASH above the countertops as well as on the front facing wall of the center island to give that extra detail that ties everything together! Upstairs you will find a LOFT to be the center point of the second level which is great for additional entertaining or for everyone to hang out. In the front bedroom you will walk into a very spacious room that has two double bunk beds and plenty of space to move around. On the opposite side of the loft you will notice the additional full bathroom that also has a double vanity with granite countertops and a fully tiled enclosed shower. Next door is the final bedroom which has nice large furniture as well and still allows room to maneuver about. Step outside through the four section slider and enjoy your very own secluded PRIVATE POOLl! You can either relax under the large covered LANAI escaping the Florida sun or splash around without your neighbors seeing you with the help from the privacy walls on each side of the unit. Did I mention there are NO REAR NEIGHBORS? This unit is in one of the best locations in the community with convenient access to I-4. You have a serene landscape for a view in the back of the property and are across the street from all the amenities! Festival has a Heated Swimming Pool with Cabanas, Motion Sensor Water Park, a 18 Hole Putt-Putt Golf Course, Beach Style Volleyball Court, and Fitness Center! All of this is located within 30 minutes to Disney making this property truly something magical!

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Year Built: 2015
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,771
  • Acreage: 0.04
  • Est. Taxes: $4,486
  • HOA Fee: $498 Monthly
  • Pool: Heated, In Ground, Screen Enclosure
  • Pet Policy: Breed Restrictions, Number Limit, Size Limit, Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6391482
  • Days on Market: 33 days
  • Website: https://www.raveis.com
    /prop/O6391482/518captivadrive_davenport_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/26/2026 8:47:07 AM)
Listing courtesy of Redfin Corporation   Phone: 407-708-9747

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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518 CAPTIVA DRIVE, Davenport, FL, 33896

$449,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $359,200 $359,200 $359,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment $374 $374 $374
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,212 $2,268 $2,983
Total Monthly Payment $2,661 $2,717 $3,432

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.