5430 Mount Olive Rd, Polk City, FL 33868
Active Under Contract $199,900
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Under contract-accepting backup offers. PRICE REDUCED! 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.
Built-in Features
Ceiling Fans(s)
Solid Wood Cabinets
Split Bedroom
Taxes: $1,539.00
Tax Year: 2025
Awning(s)
Dishwasher
Electric Water Heater
Range
Refrigerator
Water
Lake Front
Mud Lake
View: Lake
Building Design: Manufactured House
MLS Area: 33868 - Polk City
Total Square Footage: 1,904
Price per Square Feet: $104.99
Water: Public
Construction: Vinyl Siding
Date Listed: 2026-08-29 00:00:00
Furnished: Unfurnished
Garage Description: Y
Garage Spaces: 1
Attached Garage: Y
Flooring: Laminate, Parquet, Vinyl
Roof: Shingle
Heating: Central
Cooling: Central Air
Laundry: Inside, Laundry Room
Sewer: Public Sewer
Lot Desc.: In County, Oversized Lot, Paved
Parcel ID: 25-27-06-298340
Listing Courtesy Of: King Real Estate Services
shelleylopez2@gmail.com
Under contract-accepting backup offers. PRICE REDUCED! 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.
Property Details
Price: $199,900
Sq Ft: 1,904
($105 per
sqft)
Bedrooms: 3
Bathrooms: 2
City: Polk City
County: Polk
Type: Manufactured
Development: Mount Olive Heights
Acres: 0.4700
Virtual Tour/Floorplan: View
Year Built: 1993
Listing Number: L4964680
Status Code: Active Under Contract
Taxes: $1,539.00
Tax Year: 2025
Garage:
1
/
Y
Furnishings: Unfurnished
Interior Features:
Built-in Features
Ceiling Fans(s)
Solid Wood Cabinets
Split Bedroom
Financial Information:
Taxes: $1,539.00
Tax Year: 2025
Exterior Features:
Awning(s)
Equipment:
Dishwasher
Electric Water Heater
Range
Refrigerator
View:
Water
Waterfront Description:
Lake Front
Mud Lake
View: Lake
Additional Information:
Building Design: Manufactured House
MLS Area: 33868 - Polk City
Total Square Footage: 1,904
Price per Square Feet: $104.99
Water: Public
Construction: Vinyl Siding
Date Listed: 2026-08-29 00:00:00
Furnished: Unfurnished
Garage Description: Y
Garage Spaces: 1
Attached Garage: Y
Flooring: Laminate, Parquet, Vinyl
Roof: Shingle
Heating: Central
Cooling: Central Air
Laundry: Inside, Laundry Room
Sewer: Public Sewer
Lot Desc.: In County, Oversized Lot, Paved
Parcel ID: 25-27-06-298340
Map of 5430 Mount Olive Rd, Polk City, FL 33868
Listing Courtesy Of: King Real Estate Services
shelleylopez2@gmail.com