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Starting Price: 164,900
Property Taxes: 2,581.39
3 Bed / 2 Bath
1,232 Sq Ft
0.55 Acres
Year Built 2001
Vinyl Siding
Double-Wide Modular
Renovated Interior
Spacious Corner Lot
Off-Street Parking
Public Water & Septic
ARV: 240,000
Comps:
2293 Cantor Court, Lake Wales, FL 33898 - Sold for 229,900
3900 Fast Trot Trail Lake Wale, FL 33898 - Sold for 224,000
This Lake Wales, FL, investment opportunity presents investors with a chance to secure a renovated 3-bedroom, 2-bathroom double-wide modular home in Polk County with a starting price of $164,900, making it an attractive long-term rental or buy-and-hold investment with strong value-add potential. The property offers 1,232 sq ft of living space, a spacious 0.55-acre corner lot, vinyl siding, off-street parking, and public water and septic. Built in 2001, the home features a renovated interior, providing added appeal for potential tenants or future buyers. With annual property taxes of approximately $2,581.39 and an estimated After Repair Value (ARV) of $240,000, this property presents an opportunity for investors looking to generate long-term rental income while building equity. Nearby comparable properties include 2293 Cantor Court, which sold for $229,900, and 3900 Fast Trot Trail, which sold for $224,000, providing market support for the property's potential value. With its renovated interior, generous corner lot, off-street parking, and nearby comparable sales, this property is worth evaluating for investors pursuing a long-term rental or buy-and-hold strategy in Polk County.
**Remember, you miss 100% of the shots you don't take, so don’t hesitate to submit that offer!**
