$80,000
406 7th Street
Mulberry, FL 33860
Listing updated: June 22, 2026 at 9:30 AM ET
Listing courtesy of Rhodes Real Estate Llc · Dale Rhodes · MLS #L4957553 · 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 404 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 404 NW 7th St 233002000000021200
Local Insight
At $80,000 for a 616-square-foot 1918 cottage, you're paying well below regional averages, but you're also buying into a genuinely rural town with limited job diversity and no suburban conveniences—this works only if you're genuinely drawn to Mulberry's agricultural character and affordability, not if you need proximity to Tampa or Orlando employment. The property's age, modest size, and tight 0.09-acre lot mean renovation costs and limited expansion potential should factor heavily into your actual purchase math, especially since flood zone X won't help with insurance or resale perception.
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
- 616 sq ft
- Price/sq ft
- $130
- Building area
- 920 sq ft (Public Records)
- Lot size
- 4,008 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- x
- Annual taxes
- $1,201 (2024)
- Parcel #
- 23-30-02-000000-021190
- Zoning
- R-1
- MLS #
- L4957553
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Interior Details
- Bedrooms
- 1
- Full bathrooms
- 1
- Flooring
- Carpet, Linoleum, Vinyl, Wood
- Appliances
- Range
- Interior features
- Ninguno
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- North
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
- None
- Construction materials
- Wood Siding
- Roof
- Shingle
- Foundation
- Stilt/On Piling
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Connected, Phone Available
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | |
| Primary Bathroom | First | |
| Kitchen | First | |
| Primary Bedroom | 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 & 665PT33 FT NW OF SE COR OF NE1/4 OF SE1/4 RUN E 102 FT FOR BEG RUN N 51PT6 FT E 76 FT S 51PT6 FT W TO BEG
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 turn West onto 8th s=St, turn left onto 1st St then right onto 7th St and proceed to the house.
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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 9:30 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