515 LEMON ST, MULBERRY, FL 33860

$120,000

Pending · 3 days on market · MLS# MFRS5144835

Bedrooms3
Bathrooms2
Living area1,176 sq ft
Lot size0.69 acres
Year built1976
Property typeSingle Family Residence
Private poolYes
WaterfrontYes
Annual taxes$987
CountyPolk

About this home

Positioned on an expansive 0.69-acre lot, this 3-bedroom, 1-bath property presents a rare opportunity for investors and visionaries ready to unlock its full potential. With a durable 5 year old metal roof already in place and a footprint that lends itself to thoughtful redesign, this home is primed for a strategic renovation that can significantly increase value—whether as a long-term rental, short-term income property, or a personalized Florida retreat. The interior layout offers defined living spaces ready for modernization, while the dedicated laundry room adds everyday functionality. Step outside to the screened covered porch that overlooks a generously sized backyard that also includes a large storage shed—ideal for expansion, outdoor living enhancements, or future improvements that elevate both lifestyle and resale appeal. Equipped with a private well and septic system, the property offers the advantage of reduced monthly utility expenses—an attractive feature for both investors focused on cash flow and homeowners seeking lower operating costs. Large parcels at this price point are increasingly difficult to find. If you’re searching for land, flexibility, and upside potential, this is a property that deserves a closer look. Schedule your private showing and explore the possibilities firsthand.

Listing courtesy of Pedro Santiago, LPT REALTY, LLC. Presented by MC Homes Realty Inc · 727432218.

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