$228,000
5430 Mount Olive Rd
Polk City, FL 33868
Listing updated: August 30, 2026 at 1:12 PM ET
Listing courtesy of King Real Estate Services · Shelley Lopez · MLS #L4964680 · Active · 863-533-4119Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Garage space
Flood zone
About this home
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.
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 history1 days on market
- Status: ActiveAug 30, 2026
- Listed$228,000Aug 29, 2026
- Price increased$228,000
Facts & features
- Property type
- Residential
- Sub type
- Manufactured Home
- Status
- Active
- Days on market
- 1
- Subdivision
- Mount Olive Heights
- County
- Polk
- Year built
- 1993
- Living area
- 1,904 sq ft
- Price/sq ft
- $120
- Lot size
- 20,473 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X
- Garage
- 1 spaces
- Annual taxes
- $1,539 (2025)
- Parcel #
- 25-27-06-298340-001030
- Zoning
- PUD
- MLS #
- L4964680
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Laminate, Parquet, Vinyl
- Appliances
- Dishwasher, Electric Water Heater, Range, Refrigerator
- Interior features
- Built-in Features, Ceiling Fans(s), Solid Wood Cabinets, Split Bedroom
- Laundry
- Inside, Laundry Room
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Listing terms
- Cash
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Awning(s)
- Construction materials
- Vinyl Siding
- Roof
- Shingle
- Foundation
- Block
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 14x18 |
| Dining Room | First | 11x11 |
| Kitchen | First | 12x13 |
| Laundry | First | 6x8 |
| Primary Bedroom | First | 13x17 |
| Bedroom 2 | First | 13x15 |
| Bedroom 3 | First | 11x13 |
| Family Room | First | 13x17 |
| Utility Room | First | 12x13 |
| Balcony/Porch/Lanai | First | 10x22 |
Listing Details
- Listing date
- 2026-08-29
- On market date
- 2026-08-29
- Original list price
- $228,000
- Occupant type
- Vacant
- Special conditions
- Probate Listing
- MLS area
- 33868 - Polk City
- Listing AOR
- Lakeland
- Status changed
- 2026-08-30
- Tax legal description
- MOUNT OLIVE HEIGHTS PLAT BOOK 64 PAGE 14 BLOCK A LOT 3
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 Main Street in Bartow, travel to N. Broadway. Turn right. Travel north and take a slight right turn toward Orlando on SR 570/Polk Pkwy. Keep left for Polk Pkwy E. Take exit 23 onto Pace Rd. Turn right on Pace Rd. Turn left onto Berkley Rd. Turn left onto Mt Olive Rd. Home is on your right.
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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 August 30, 2026 at 1:12 PM 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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