5430 Mount Olive Rd

Under contract-accepting backup offers. PRICE REDUCED! 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.