$80,000
404 7th Street
Mulberry, FL 33860
Listing updated: June 22, 2026 at 9:31 AM ET
Listing courtesy of Rhodes Real Estate Llc · Dale Rhodes · MLS #L4957551 · Pending · 321-917-6596Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Under contract-accepting backup offers. INVESTOR ALERT! Package Deal Opportunity This property must be sold together with the neighboring house at 406 NW 7th St ($80,000) and includes adjoining vacant land at no additional cost. Total Package Investment: $160,000 for two houses +2 vacant land lots Investment Highlights: Ideal buy-and-hold opportunity for rental income Additional vacant land included provides future development potential Two storage sheds on property Mature shade trees throughout spacious yard ?Multiple revenue stream possibilities This is an excellent value-add opportunity for investors looking to build a rental portfolio or develop multiple units. The combination of two homes plus extra land offers flexibility for various investment strategies. Schedule your showing today to explore the potential! This property includes 4 parcels that must be sold together: Lot - 233002150000003031; Lot - 233002000000021231 and 406 NW 7th st. 233002000000021190
Local Insight
At $80k for a 1918 bungalow, you're getting authentic small-town living in a place where that price actually reflects the local economy rather than a fixer-upper gamble—but you need to be realistic that this is a 100-year-old, single-bath, 920-square-foot property with limited rental appeal or resale flexibility outside buyers specifically seeking Mulberry's agricultural character and affordability. The no-HOA status and X flood zone are genuine positives, though you'll want a thorough inspection on a house this old and should understand that being genuinely rural (rather than exurban) means longer drives to job centers and services—this is only a win if you're actually drawn to that lifestyle, not using it as a stepping stone property.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history147 days on market
- Status: PendingMay 6, 2026
- Listed$80,000Nov 25, 2025
- Price increased$80,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Pending
- Days on market
- 147
- Subdivision
- None
- County
- Polk
- Year built
- 1918
- Living area
- 920 sq ft
- Price/sq ft
- $87
- Building area
- 1,200 sq ft (Public Records)
- Lot size
- 2,409 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- x
- Annual taxes
- $2,013 (2024)
- Parcel #
- 23-30-02-000000-021200
- Zoning
- R-1
- MLS #
- L4957551
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Interior Details
- Bedrooms
- 1
- Full bathrooms
- 1
- Flooring
- Carpet, Linoleum, Vinyl, Wood
- Appliances
- Range
- Interior features
- Ninguno
- Laundry
- Electric Dryer Hookup, Washer Hookup
- Stories / Levels
- One
- Direction faces
- North
- Fireplace
- Yes
Heating & Cooling
- Heating
- Ductless
- Cooling
- Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Private Mailbox, Private Yard, Storage
- Construction materials
- Vinyl Siding
- Roof
- Shingle
- Foundation
- Stilt/On Piling
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Available, Electricity Connected, Phone Available, Public
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | |
| Primary Bedroom | First | |
| Primary Bathroom | First | |
| Kitchen | First |
Listing Details
- Listing date
- 2025-11-21
- On market date
- 2025-11-25
- Original list price
- $80,000
- Occupant type
- Vacant
- MLS area
- 33860 - Mulberry
- Listing AOR
- Lakeland
- Status changed
- 2026-05-06
- Tax legal description
- BEG ON R OF W 807 FT W & 665.33 FT NW OF SE COR OF NE1/4 OF SE1/4 RUN E 178 FT FOR BEG RUN N 51.6 FT E 37.02 FT S62E 112.67 FT W 136.42 FT TO BEG LESS STREET
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From 37 tourn West onto 8th St, turn left onto 1st Ave and then right onto 7th St. Proceed to the property.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 22, 2026 at 9:31 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA