For sale
Residential income properties
FL
Davenport
33837
2381 PENGUIN BOULEVARD

New Townhome with Modern Elegance

2381 PENGUIN BOULEVARD, Davenport, FL 33837

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For Sale

$264,990

Stylish 3-bedroom townhome in Davenport, Florida, under construction.

Type:Condo/Townhome

Property size:

1,464 SF

Lot size:

0.04 Acres

Price / SF:

$181/SF

HighLights

New construction townhome built in 2024, located in Horse Creek at Crosswinds, Davenport, Florida.
Features 1,463 sq ft of living space with 3 bedrooms and 2.5 baths.
Gourmet kitchen boasts stainless steel appliances and a center island.
Primary bedroom includes a walk‑in closet and ensuite bath with dual sinks and walk‑in shower.
Equipped with smart home technology integration.
Built with durable concrete block construction.

We can help!

Contact an agent

Paul King

For Sale

$264,990

Stylish 3-bedroom townhome in Davenport, Florida, under construction.

Type:Condo/Townhome

Property size:

1,464 SF

Lot size:

0.04 Acres

Price / SF:

$181/SF

Added:: Dec 27, 2024
Days on Market:: 559
Last Refresh:: Apr 6 at 12:16 am

Property Features for 2381 PENGUIN BOULEVARD

General Information

Standard status: Active
Size: 1,464 SF
Lot size: 0.04 Acres
Property subtype: Condo/Townhome

Building Details

Year Built: 2024

We can help!

Contact an agent

Paul King

Listing office DR HORTON REALTY OF CENTRAL FLORIDA LLC

Listing date Dec 27, 2024

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of DR HORTON REALTY OF CENTRAL FLORIDA LLC

HighLights

New construction townhome built in 2024, located in Horse Creek at Crosswinds, Davenport, Florida.
Features 1,463 sq ft of living space with 3 bedrooms and 2.5 baths.
Gourmet kitchen boasts stainless steel appliances and a center island.
Primary bedroom includes a walk‑in closet and ensuite bath with dual sinks and walk‑in shower.
Equipped with smart home technology integration.
Built with durable concrete block construction.

Overview

This stylish townhome, known as "The Pearson", is currently under construction and located in Horse Creek at Crosswinds in Davenport, Florida. It offers a blend of modern elegance and everyday functionality. The home features 1,463 square feet of living space. Upon entering through the one-car garage, you'll find a spacious living area with abundant natural light. The adjacent dining nook and gourmet kitchen is equipped with sleek cabinetry, premium stainless-steel appliances, and a center island. Upstairs, there are three bedrooms. The primary bedroom includes a walk-in closet and an ensuite bath with dual sinks and a walk-in shower. The home has 2 1/2 baths. Like all homes in Horse Creek at Crosswinds, the Pearson includes all concrete block and smart home technology, which allows you to control your home anytime with your smart device while near or away.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$26.9k	$18.36
− Vacancy	−$1.7k	−$1.14
EGI	$25.2k	$17.22
− OpEx	−$11.3k	−$7.75
NOI	$13.9k	$9.47

1,464 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$198.1K

$173.3K – $231.1K (±1% cap)

NOI $13,867 @ 7.0% cap · market cap 5.23%

Second Best

—

no second resolved use

Theoretical Best

Office A

$351.8K

$307.8K – $410.5K (±1% cap)

NOI $24,627 @ 7.0% cap · market cap 9.29%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Location Insight

Map
Local Demand

City: Davenport
County: Polk
State: Florida
Longitude: -81.6689
Latitude: 28.2418

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For sale
Residential income properties
FL
Davenport
33837
2381 PENGUIN BOULEVARD

What type of property is this?

Residential income property - Stylish 3-bedroom townhome in Davenport, Florida, under construction.

Where is this residential income property located?

The property is located at 2381 PENGUIN BOULEVARD Davenport, FL.

What is the asking price?

The asking price for this property is $264,990.

What are key features of this property?

This property features: New construction townhome built in 2024, located in Horse Creek at Crosswinds, Davenport, Florida.; Features 1,463 sq ft of living space with 3 bedrooms and 2.5 baths.; Gourmet kitchen boasts stainless steel appliances and a center island.