5430 Mount Olive Rd, Polk City, FL 33868

$228,000
3
BD
2
BA
1,904
SqFt

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List Price
$228,000
Status
ACTIVE
Days on Market
2
MLS#
L4964680
Subtype
Residential
Style
One Story
Year Built
1993
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,904
Lot Size
20,473
Acres
0.47
Subdivision
Mount Olive Heights
MLS Area Major
Polk City

Property Description

Bring your vision to this unique lakefront property in Polk City! Situated on a nearly half-acre waterfront lot, this 3-bedroom, 2-bathroom 1993 Palm Harbor manufactured home offers an excellent opportunity for an investor, renovator, or buyer looking for a property with substantial potential. The home offers a spacious layout with an open-concept living, dining, and kitchen area, a desirable split-bedroom floor plan, an additional family room, and a utility room that could also function as an office or flex space. A large, screened porch overlooks the lake, creating an ideal spot to enjoy the peaceful waterfront setting. The backyard is fenced, providing added privacy and usable outdoor space. Recent improvements include a roof replaced in 2025 and recently replaced exterior skirting. The property does need TLC, giving the next owner the opportunity to renovate and customize the home to their liking. The garage sustained storm damage and will need to be rebuilt or removed. For an investor, the combination of waterfront land, nearly half an acre, a 3-bedroom/2-bath home, and a highly convenient location presents an attractive value-add opportunity. Less than 5 minutes from the Polk Parkway/I-4 interchange, the property offers quick access to Lakeland, Orlando, Tampa, and surrounding communities. Whether you're looking for a renovation project, investment property, or a chance to create your own lakefront retreat, this property offers plenty of potential in a convenient Central Florida location. Cash-only offers. Property is being sold as-is.

Additional Information

Interior Features
Built-in Features, Ceiling Fans(s), Solid Wood Cabinets, Split Bedroom
Exterior Features
Awning(s)
Financing
Cash
Location
In County, Oversized Lot, Paved
Community Features
No Deed Restriction
Property Description
One Story
Zoning
PUD
Appliances
Dishwasher, Electric Water Heater, Range, Refrigerator
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Vinyl Siding
Exterior Features
Awning(s)
Levels
One
Roof
Shingle
Foundation
Block
Garage
1 Car Garage
Garage Spaces
1
View
Water

Listing courtesy of KING REAL ESTATE SERVICES. 863-533-4119

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