🏡 Investment Opportunity: 3 Bed / 2 Bath Mobile Home with In-Ground Pool in Lakeland, FL 🌴

📍 Property Details:

• 🛏️ Beds / 🛁 Baths: 3 Bed / 2 Bath
• 🚗 Carport
• 🏊 In-ground Pool
• 📏 Livable Area: 1,584 sqft (per tax records)
• 🌿 Lot Size: 0.83 Acres (36,155 sqft)
• 📅 Year Built: 1978 (Mobile/Manufactured Home)
• 💲 Asking Price: $160,000
• 💼 EMD (Earnest Money Deposit): $5,000

📸 Link to Photos:

View Property Photos

🔑 Key Features:

• 📍 Zoning: Rural - A/RR
• 🌀 Flood Zone: AE (flood insurance required)
• 🏡 Lot Size: Large 0.83-acre lot provides additional space for future developments or expansions.
• 💧 In-ground Pool: Adds significant value to the home.

📊 Financial Breakdown:

• 💲 Asking Price: $160,000
• 🏷️ After Repair Value (ARV): $275,000
• 💼 EMD: $5,000

Comps (Comparable Sales):

• 📍 3517 Valley Farm Rd, sold for $245k on 1/24
  • Condition: Remodeled, Mobile Home
  • 3 beds / 2 baths / 1,484 sqft / 1987 yr

💡 Investment Highlights:

This 3-bed, 2-bath mobile home in Lakeland, FL is listed at $160,000 with a projected ARV of $275,000. The property sits on a 0.83-acre lot with an in-ground pool and carport. Given the lot size, there is potential for additional improvements or expansions.

Comparable properties in the area show strong value, with a remodeled 3/2 mobile home selling for $245k in January 2024. This property is an ideal investment for renovation or buy-and-hold, offering substantial potential for equity.

💵 Price Analysis:

• Asking Price: $160,000
• ARV: $275,000
• Potential Equity: $115,000 after renovation

The property offers a great opportunity to add value through modest updates and pool renovation.

📍 Location:

This home is located in Lakeland, FL, a growing area known for its rural charm and large properties. The property’s zoning and lot size provide flexibility for a variety of uses.

⚠️ Considerations:

• 🏡 Flood Zone: The property is located in AE flood zone, meaning flood insurance will be necessary.
• 🏗️ Rural Zoning: Zoning provides flexibility but may have restrictions on future development, so verify any plans with local authorities.

💼 Conclusion:

This Lakeland mobile home is a unique opportunity to acquire a spacious lot and home with a pool for $160,000. With the right updates and improvements, there is significant potential to increase the property’s value up to $275,000. Perfect for investors looking for a fix-and-flip or long-term rental in a rural setting. 💰🌿

For more information or to schedule a viewing, please contact:

📞 Phone: 813-544-4909

⚠️ Disclaimer:

All information provided is deemed reliable but is not guaranteed and should be independently verified. Buyers should conduct their own due diligence.