2510 Calabria Ave · Four Corners, FL 33897

$195,000

4 bd · 3.0 ba · 1,457 sqft · Townhouse public records · 8 Days on market

Built 2006 1,856 sqft lot $706/mo HOA · 30% of rent ↓ 14% since listing

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +7.6/30.0
• ARV discount +7.5/15.0
• 1% rule +7.0/10.0
• Appreciation +4.7/10.0
• Schools +3.5/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Rent growth +1.8/5.0
• DSCR +1.7/10.0

Listing remarks MLS

Welcome home! This wonderful 4 bedroom 3 bath home is located in the popular gated community of Regal Palms. As you step into this home you’ll immediately notice the fresh paint and open floor plan. In the kitchen you’ll find NEW gleaming granite countertops and a NEW stainless range, microwave and dishwasher. There’s a downstairs bedroom, full bathroom and a covered patio. Head upstairs and you’ll find NEW carpeting, a primary bedroom that has an en suite bathroom and a walk-in closet, two more bedrooms and another full bathroom. If you’re ready for some fun head over to the resort center where you’ll find a swimming pool, hot tub, lazy river, tiki bar, volleyball, arcade, restaurant, and fitness center. This home is just 20 minutes from the Disney resort area and is perfect for a vacation or rental home. Don’t miss out, make an appointment to see this home today!

Key facts

• Lazy river
• Clubhouse
• Pool area

Tags

• GATED REGAL PALMS RESORT
• GROUND-LEVEL BEDROOM
• FULL BATH
• CLUBHOUSE
• POOL AREA
• LAZY RIVER

Property features AI

Finance

• Other: No lease/restriction flagged; Property listed as residential townhouse
• Financial info: Total monthly HOA fees listed as $706; Total annual fees listed as $8,472
• HOA & community: Has HOA (Regal Palms Resort / Hope Douglass); Monthly HOA fee of $706 (includes guard/24-hour, cable TV, pool, internet, structure and grounds maintenance, recreational facilities, sewer, trash, water); Association approval required; Community features: clubhouse, fitness center, pool, deed restrictions; Pets allowed; Furnished

Exterior

• Parking: Driveway; Other parking
• Security: 24-hour guard (community amenity)
• Utilities: Public water; Public sewer; Broadband/High-speed internet available; Electricity available
• Home design: Attached townhouse; Two stories; Faces south; Entry level on main floor
• Construction: Block, stucco and frame construction; Shingle roof; Slab foundation; Built as part of a multi-building complex (building number 2510)
• Exterior features: Porch; Rear porch; Screened porch; Other exterior features

Interior

• Kitchen: Dishwasher; Microwave; Range
• Bedrooms: 4 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: High ceilings; Kitchen open to family room
• Laundry & utility: Laundry closet

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath townhouse listed at $195k.

Deal economics

• At list price, monthly cash flow is $-234 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $154k (21.2% below list).
• Meets the 1% rule at list price ($2k rent vs $195k).
• Recommended offer: $154k (21.2% below list) — sets the bar for cash-flow.
• Cap rate 4.9% vs local median 3.2% in Four Corners — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 69/100 on livability (#453 in FL) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A-; Watch: amenities F, health & safety F.
• Polk (suburban): math 39% / reading 43% proficiency, ranked #62 of 73 in FL (top 85%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Bethune Academy (math 46% / reading 56%, grade C-, #1,043 of 2,144 statewide, top 49%, 428 students, 60% FRL); Lake Alfred Polytech Academy (math 41% / reading 43%, grade D-, #340 of 571 statewide, top 61%, 645 students, 59% FRL); Davenport High School (2,333 students, 37% FRL).
• Market conditions: Rents soft (-2.7%/yr); 648 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).
• This rent runs 40% of the median local income ($71k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $160 of equity ($1k loan paydown + $-1k appreciation (-0.6% local appreciation)).
• Polk County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 14y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: HOA is 30% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $153,625 (21.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.20% ✓
• Cap rate: 4.85%
• Cash-on-cash: -5.15%
• DSCR: 0.77
• GRM: 6.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.61% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -13.9%
• Equity multiple: 0.40×
• Total profit: $-32,513
• Equity at exit: $50,755

10-year hold

• IRR: -11.3%
• Equity multiple: 0.04×
• Total profit: $-52,546
• Equity at exit: $56,505

Cash invested: $54,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33897

• Home prices YoY: -0.3%
• Rents YoY: -2.7%
• Active inventory: 648
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $2,343 high
• Mortgage (P&I): −$1,023
• Tax from tax record: −$275 /mo · $3,300/yr
• Insurance: −$81
• HOA: −$706
• Vacancy / Maint / Mgmt: −$492
• Net cashflow: $-234

Break-even live

Break-even rent $2,639

Max offer price $153,625

Occupancy floor —

Sensitivity live

Price	-10% $-124	-5% $-179	+0% $-234	+5% $-289	+10% $-345
Rent	-10% $-419	-5% $-327	+0% $-234	+5% $-142	+10% $-49
Rate	-1.0pp $-136	-0.5pp $-185	base $-234	+0.5pp $-285	+1.0pp $-336

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $48,750
• Closing costs: $5,850
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3929 Calabria Ave Unit 1018213P Davenport, FL	4.0	3.0	1851	$2,101	$1.14	15d	1	0.05mi
1052 Papaya Cir Davenport, FL	4.0	2.0	1637	$2,450	$1.50	25d	1	0.07mi
1027 Papaya Cir Davenport, FL	4.0	2.0	1627	$2,500	$1.54	25d	1	0.10mi
761 Caribbean Dr Davenport, FL	3.0	2.0	1400	$1,700	$1.21	4d	1	0.12mi
1316 Mirabella Cir Davenport, FL	3.0	2.5	1489	$2,050	$1.38	25d	1	0.13mi
1187 Papaya Cir Davenport, FL	4.0	2.0	1699	$2,100	$1.24	4d	1	0.14mi
711 Caribbean Dr Unit Main Unit Davenport, FL	3.0	2.0	1200	$1,850	$1.54	25d	1	0.14mi
202 Napoli Dr Unit 1524601P Davenport, FL	4.0	3.5	1851	$3,260	$1.76	16d	1	0.16mi
3306 Calabria Ave Unit 1261194P Davenport, FL	4.0	3.5	1754	$4,551	$2.59	4d	1	0.17mi
536 Caribbean Dr Unit A Davenport, FL	3.0	2.0	1420	$1,650	$1.16	25d	1	0.18mi
1136 Papaya Cir Unit 1136 Davenport, FL	4.0	2.0	1627	$2,450	$1.51	16d	1	0.19mi
1136 Papaya Cir Davenport, FL	4.0	2.0	1627	$2,450	$1.51	4d	1	0.19mi
1042 Calabria Ave Unit 1261192P Davenport, FL	4.0	3.0	1485	$5,169	$3.48	16d	1	0.20mi
515 Orchid Dr Unit A Davenport, FL	3.0	2.0	1348	$1,650	$1.22	25d	1	0.20mi
402 Orchid Dr Unit Main Davenport, FL	3.0	2.0	1500	$1,900	$1.27	25d	1	0.21mi
142 Mango Dr Davenport, FL	3.0	2.0	1784	$1,799	$1.01	25d	1	0.22mi
557 Miramar Ave Unit 1095258P Davenport, FL	4.0	3.5	1851	$2,086	$1.13	13d	1	0.23mi
235 Mango Dr Unit A Davenport, FL	3.0	2.0	1575	$1,750	$1.11	25d	1	0.23mi
271 Caribbean Dr Unit Main Unit Davenport, FL	3.0	2.0	1298	$1,750	$1.35	25d	1	0.24mi
251 Caribbean Dr Davenport, FL	3.0	2.0	1800	$1,575	$0.88	25d	1	0.24mi
1483 Mirabella Cir Davenport, FL	3.0	2.5	1501	$1,850	$1.23	16d	1	0.26mi
500 Highgate Park Blvd Davenport, FL	4.0	3.0	1830	$2,500	$1.37	25d	1	0.26mi
1513 Mirabella Cir Davenport, FL	3.0	2.5	1594	$1,950	$1.22	25d	1	0.27mi
1556 Mirabella Cir Davenport, FL	3.0	2.5	1371	$1,950	$1.42	4d	1	0.27mi
1460 Mirabella Cir Davenport, FL	3.0	2.5	1505	$1,895	$1.26	16d	1	0.27mi
243 Palermo St Unit 1018215P Davenport, FL	3.0	3.0	1851	$2,200	$1.19	4d	1	0.27mi
203 Coco Plum Dr Unit Main Unit Davenport, FL	3.0	2.0	1686	$1,850	$1.10	25d	1	0.28mi
1536 Mirabella Cir Unit 1536 Davenport, FL	3.0	2.5	1567	$2,100	$1.34	25d	1	0.28mi
161 Coco Plum Dr Davenport, FL	3.0	3.0	1364	$1,850	$1.36	25d	1	0.28mi
1492 Mirabella Cir Davenport, FL	3.0	2.5	1435	$1,950	$1.36	16d	1	0.28mi
1492 Mirabella Cir Davenport, FL	3.0	2.0	1435	$1,995	$1.39	25d	1	0.28mi
226 Orchid Dr Davenport, FL	3.0	2.0	1508	$1,749	$1.16	20d	1	0.29mi
333 Terra Lago St Unit 1031923P Davenport, FL	3.0	3.0	1453	$2,170	$1.49	4d	1	0.29mi
136 Grantham Dr Davenport, FL	3.0	2.0	1799	$1,995	$1.11	4d	1	0.34mi
904 Charo Pkwy #517 Davenport, FL	3.0	3.0	1217	$1,800	$1.48	25d	1	0.34mi
904 Charo Pkwy #533 Davenport, FL	4.0	3.0	1437	$1,795	$1.25	16d	1	0.34mi
1560 Chelsea Dr Davenport, FL	3.0	2.5	1528	$2,100	$1.37	25d	1	0.38mi
183 Jocelyn Dr Davenport, FL	4.0	2.0	1874	$2,400	$1.28	20d	1	0.53mi
183 Ashbourne Way Davenport, FL	1.0–3.0	1.0–2.0	1039	$2,200	$2.12	4d	35	0.53mi
605 Blake Ave Davenport, FL	4.0	2.0	1855	$2,200	$1.19	25d	1	0.62mi

HOA detail

• Monthly dues: $706 · $8,472/yr
• Likely covers: poolgymsecurity

Listing history 7 events

1. 2026-06-22
   statusdays on market $195,000 Pending 8 DOM
2. 2026-06-18
   days on market $195,000 Active 7 DOM
3. 2026-06-17
   days on market $195,000 Active 6 DOM
4. 2026-06-16
   days on market $195,000 Active 5 DOM
5. 2026-06-15
   days on market $195,000 Active 4 DOM
6. 2026-06-13
   remarks 699-char remark
7. 2026-06-13
   listed $195,000 Active 2 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $3,300 · $275/mo
• Projected year-2 tax: $3,300 · $275/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 24 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,110
• − Mortgage interest: −$10,923
• − Property taxes: −$3,300
• − Insurance: −$975
• − Repairs & maintenance: −$2,249
• − Management: −$2,249
• − HOA: −$8,472
• − Depreciation: −$5,673
• Taxable loss: −$5,730
• Est. tax savings @ 24.0%: +$1,375
• After-tax cash flow: $-1,435/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Polk
• NCES district ID: 1201590
• Math proficiency: 39% ▼ -11.00%
• Reading proficiency: 43% ▼ -4.00%
• Median HH income: $43,979
• Composite: 34.74/100
• National rank: #5132
• State rank: #62 of 73 in FL

Livability — Four Corners

• Score: 69/100
• State rank: #453
• US rank: #8218

Category grades

Amenities F Commute C+ Cost of living A- Crime B- Employment C Housing A+ Health & safety F User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Polk County · 740,051 people
• City population: 27,422
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 30,159
• Household income: $70,982
• Rent vs Own: 26.8% rent · 73.2% own
• Severe rent burden: 926.0

Population outlook (Polk County) Hauer SSP2

• Today (2025): 752,975 people
• By 2030: 804,621 · +6.9%
• By 2040: 906,117 · +20.3%
• By 2050: 1,000,476 · +32.9%
• By 2075: 1,197,520 · +59.0%
• By 2100: 1,271,518 · +68.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: White 45% Hispanic / Latino 43% Two or more races 12% Black 5% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 21% Cuban 2% Dominican 2%
• Common ancestry: Romanian 2% Lithuanian 2% Serbian 1%
• Foreign-born: 16% · Canada, Jamaica, China
• Languages at home: 61% English-only · Spanish 34% Other Indo-European 1% French/Haitian/Cajun 1%

Political lean MEDSL · Polk

• 2024 margin: Strong R (+20.7) · D 39.2% · R 59.9%
• 2008→2024 swing: -14.6pp toward R · 2008: -6.1pp · 2024: -20.7pp
• All cycles: 2024: R+20.7 2020: R+14.4 2016: R+14.1 2012: R+6.8 2008: R+6.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.61%
• Current HPI: 236.2905
• Rent YoY: ▼ -2.69%
• Metro: Lakeland-Winter Haven, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-14.2% since first listed

22 events — show timeline

• 2026-06-11 Listed $195,000 Stellar MLS as Distributed by MLS Grid
• 2022-11-04 Sold (Public Records) $289,000 Public Records
• 2022-11-03 Sold (MLS) $289,000 Stellar MLS as Distributed by MLS Grid
• 2022-09-30 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-09-20 Listed $289,900 Stellar MLS as Distributed by MLS Grid
• 2022-08-26 Sold (Public Records) $261,000 Public Records
• 2016-05-23 Sold (MLS) $71,500 Stellar MLS as Distributed by MLS Grid
• 2016-04-20 Pending — Stellar MLS as Distributed by MLS Grid
• 2016-04-09 Contingent — Stellar MLS as Distributed by MLS Grid
• 2016-03-15 Price Changed $70,900 Stellar MLS as Distributed by MLS Grid
• 2016-03-13 Listed $74,900 Stellar MLS as Distributed by MLS Grid
• 2016-03-08 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2016-02-17 Price Changed $74,900 Stellar MLS as Distributed by MLS Grid
• 2016-01-07 Price Changed $79,900 Stellar MLS as Distributed by MLS Grid
• 2015-12-09 Price Changed $84,000 Stellar MLS as Distributed by MLS Grid
• 2015-11-05 Price Changed $88,400 Stellar MLS as Distributed by MLS Grid
• 2015-10-06 Listed $93,000 Stellar MLS as Distributed by MLS Grid
• 2014-06-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2014-06-10 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2012-06-14 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2012-06-14 Listed $90,000 Stellar MLS as Distributed by MLS Grid
• 2006-07-26 Sold (Public Records) $227,200 Public Records

Property tax history

+9.3%/yr

Latest (2025): $3,300 · -1.1% YoY. Source: county tax records.