Three-Story Townhome-Style
183 PEGASUS Street Davenport, FL 33837
For Sale
$4,654,000
MULTI_FAMILY - DAVENPORT, FL
Property Size17,600 SF
Lot Size0.05 Acres
Price / SF$264.43
Days on Market50
Property Features for 183 PEGASUS Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Property condition
Under Construction
Bedrooms
42
Bathrooms
40
Rooms
Bedroom 28, Bathroom 3, Bedroom 10, Bedroom 25, Bathroom 32, Bathroom 35, Bathroom 26, Bedroom 27, Bathroom 16, Bathroom 29, Bathroom 33, Bathroom 38, Bathroom 10, Bathroom 1, Bathroom 4, Bedroom 14, Bedroom 40, Bedroom 32, Bedroom 5, Bedroom 18, Bathroom 7, Bedroom 36, Dining Room, Bathroom 17, Bedroom 41, Bedroom 19, Bedroom 8, Bedroom 33, Bedroom 2, Bathroom 28, Bathroom 2, Bathroom 14, Bathroom 12, Bathroom 27, Bathroom 9, Bathroom 30, Bathroom 18, Family Room, Bathroom 19, Bedroom 31, Bedroom 34, Bedroom 23, Bedroom 39, Bathroom 21, Bathroom 39, Bedroom 7, Bedroom 20, Bathroom 20, Bedroom 26, Bedroom 29, Bedroom 17, Bathroom 5, Bathroom 15, Bedroom 1, Bedroom 38, Bedroom 42, Laundry Room, Bathroom 13, Bathroom 11, Bathroom 6, Bathroom 37, Bedroom 12, Bathroom 24, Bedroom 37, Bedroom 4, Bathroom 36, Bedroom 15, Bedroom 16, Bathroom 31, Bedroom 22, Bedroom 35, Bathroom 34, Bathroom 22, Bathroom 23, Bathroom 40, Bedroom 24, Bathroom 25, Bedroom 13, Bedroom 6, Bedroom 30, Bathroom 8, Bedroom 9, Bedroom 21, Bedroom 3, Bedroom 11
Parking features
Guest, Open
Patio and Porch features
Patio
Pets allowed
Cats OK, Dogs OK
Pool private
1
Interior features
Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
Exterior features
Lighting, Sidewalk, Sliding Doors
Appliances
Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Standard status
Active
APN
27-26-17-704407-000340
Size
17,600 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
POSNER RESERVE PHASE 1D PB 203 PGS 35-40 LOT 44
Tax Annual Amount
834
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
3
Flooring type
Carpet, Tile - Ceramic
Building materials
Block, Stucco, Frame
Roof type
Shingle
Listing Agency:
STOCKWORTH REALTY GROUP
(407) 909-5900
Listed By:
Maria Quintero · License #3210266
(407) 509-0849
Added: Jun 10
Changed: Jul 28
Last Checked: Jul 29 at 2:06PM
MLS# O6415577
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Under construction, this three-story multifamily property will total 18,132 square feet and consists of eight townhome-style units designed with modern finishes and generous layouts. The offering includes a clubhouse, resort-style pool with cabanas, tennis and basketball courts, a playground, and picnic areas.
Located at 183 PEGASUS Street in Davenport, Florida (Polk County), the property is described as being about 18 minutes from Disney’s Magic Kingdom and less than an hour from Orlando International Airport. Public remarks also note convenient access to major regional corridors and proximity to shopping, dining, and entertainment.
For buyers and investors, the current configuration centers on eight separate rental units within a purpose-built community amenity package, with the project positioned to serve short-term rental demand as described in the marketing materials.
Located at 183 PEGASUS Street in Davenport, Florida (Polk County), the property is described as being about 18 minutes from Disney’s Magic Kingdom and less than an hour from Orlando International Airport. Public remarks also note convenient access to major regional corridors and proximity to shopping, dining, and entertainment.
For buyers and investors, the current configuration centers on eight separate rental units within a purpose-built community amenity package, with the project positioned to serve short-term rental demand as described in the marketing materials.
Key Highlights
- Under construction 2026 multifamily property: 3 stories and 18,132 SF
- Eight townhome‑style units designed for short‑term rental use with no stay limits
- Private pool on site, plus resort‑style pool and cabanas
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $323.1k | $18.36 |
| − Vacancy | −$20.0k | −$1.14 |
| EGI | $303.1k | $17.22 |
| − OpEx | −$136.4k | −$7.75 |
| NOI | $166.7k | $9.47 |
17,600 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.38M
$2.08M – $2.78M
NOI $166,706 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.23M
$3.70M – $4.93M
NOI $296,060 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Under construction three-story multifamily with eight townhome-style units and resort-style amenities.
Where is this apartment building located?
The property is located at 183 PEGASUS Street Davenport, FL.
What is the asking price?
The asking price for this property is $4,654,000.
What are key features of this property?
This property features: Under construction 2026 multifamily property: 3 stories and 18,132 SF; Eight townhome‑style units designed for short‑term rental use with no stay limits; Private pool on site, plus resort‑style pool and cabanas
