701 1ST ST NE, FORT MEADE, FL 33841

$399,900

Pending · 278 days on market · MLS# MFRL4953727

Bedrooms5
Bathrooms5
Living area3,056 sq ft
Lot size0.51 acres
Year built1911
Property typeSingle Family Residence
Private poolYes
WaterfrontYes
Annual taxes$6,709
CountyPolk

About this home

Under contract-accepting backup offers. Final Price drop Two Buildable Lots Included | Seller Financing Available | Renovated 5BR/5BA | Value-Add Opportunity Priced below market, this 5-bedroom, 5-bathroom Fort Meade property offers nearly 4,000 square feet of living space and includes a separate neighboring buildable lot in the sale price — providing expansion, development, or new construction potential. Major renovations completed in 2023–2024 include a new roof, new windows, new siding, updated plumbing and electrical systems, renovated bathrooms, new flooring, and a reconfigured floor plan. The primary structure has already undergone significant capital improvements. Interior features include two oversized first-floor suites, five full bathrooms, and a finished third-floor bonus space suitable for a bedroom, office, or flex space. The kitchen remains unfinished, offering the opportunity to customize finishes and design. Situated on over half an acre with ample parking and multifamily potential (buyer to verify with city/county), this property presents multiple use options including primary residence, multi-generational living, rental investment, or new construction on the additional lot. General contractors are available and ready to complete remaining improvements if desired. Seller financing available for qualified buyers. Own a piece of Polk County history with flexible use potential and development upside.

Listing courtesy of Michael Hochadel, BHHS FLORIDA PROPERTIES GROUP. Presented by MC Homes Realty Inc · 727432218.

View photos, map and full details · Search more homes