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This is a home on 7+ acres with a canal and listed as lakefront on Lake Lowery on property records. Property has main home of 2008 SF, with an additional 1225 SF building serving as a garage/shed that has potential to be converted to in-law quarters.The canal is behind the two buildings, and then deep into the 7 acres you will run into the lake. To get to the lake you would have to create a small pathway.
There are a lots of comps and not all boast a full 7.65 acres with additional building canal and lake. There are great margins to be had for the right investor.
Haines City, No HOA
Est. Rehab: $35,000 – $40,000
Est. ARV: $300,000 +/-
Recent Area Sales / Activity:
- 2608 State Road 557 – 3/2, 2910 SF – Pending for $325k
- 4344 Bonnet Lake Dr – 4/2, 1344 SF – Sold 9/29/17 for $217.5k
- 3960 Polk City Rd – 4/3, 2703 SF – Sold 3/8/18 for $288k
- 4613 Oakdale Rd – 4/2, 1757 SF – Sold 11/3/17 for $250k
- 218 WGTO Tower Rd – 3/2, 2090 SF – Sold 6/19/19 for $300k
- 3960 Polk City Rd – 4/3, 2703 SF – Sold 5/29/19 for $335k
- 9050 Lake Lowery Rd – 3/3, 2380 SF – Sold 4/27/18 for $300k
- 320 WGTO Tower Rd – 4/2.5, 2522 SF – Sold 8/11/17 for $425k
- 109 WGTO Tower Rd – 4/2, 2682 SF – Sold 8/31/18 for $440k
- 240 1st St – 3/3, 2314 SF – Sold 4/30/18 for $490k
- Address: Polk City Rd., Haines City FL 33844
- Price: $179,900
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 2
- Garage/Carport: Detached
- Total Square Feet: 2008
- Construction Type: Stucco
- Year Built: 1979