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Polk County · Lakeland, FL 33803

Take Over a 3.5% Mortgage: Lakeland 2BR for $25K Entry

$235,000
3
Beds
1
Baths
1,300
Sq ft
1920
Year built
$205K spread

About this property

Located at 1203 King Ave, this 1920 single-family property offers 2 bed, 1 bath and 1,300 sqft of living space with no HOA and no multi-unit status. The purchase price is $235,000 with subto terms including a $195,000 mortgage balance, 3.5% rate, and $1,705 PITI, alongside an entry fee of $25,000 plus CC and TC. Additional features include a vacant good condition interior, 7-8 year old roof, new bath vanity and floor, HVAC less than 10 years old, older water heater, fenced backyard with a shed, and a kitchen countertop needing work.

Property snapshot

Layout3 Bed / 1 Bath
Living area1,300 sq ft
Year built1920
Property typeSF Home
CountyPolk County

Deal details

Asking price$235,000
ARV estimate$440,000
Spread (ARV − asking)$205,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$235K
ARV est.
$440K
Spread
$205K
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M
Ms. Meriam
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