129 Lake Otis Rd SE, photo 1
Active
1 / 35

Overview

5 bd3 ba2,579 sqft2 car garageSingle Family
TypeSingle Family
HOA$1,200/yr
Built1966
Lot14,000 sqft
Living area2,579 sqft
Price / sqft$126
Garage2 car

Ask anything about this home

Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Eat-in KitchenSolid Surface CountersSolid Wood CabinetsSplit BedroomDeed RestrictionsStreet LightsDishwasher

129 Lake Otis Rd SE is a 1966-built home in Lakewood, Winter Haven. Inside you'll find 5 bedrooms, 3 bathrooms, and 2,579 square feet of living space. Listed at $325,000 (about $126/sqft), 280 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $1,200 annually.

From the listing

Short Sale. This charming home is a diamond in the rough, waiting for the right owner to unlock its full potential. Located in a sought-after neighborhood of picturesque red brick homes, this property offers a unique opportunity for those with vision and ambition. This home is being sold as a short sale, making it an ideal project for those looking to invest in a renovation loan and transform it into one of the best investments on the street. Surrounded by beautiful homes with strong property values, this two-level home boasts 5 bedrooms (with potential for a 6th), three bathrooms, and 2579 square feet of living space. Inside, you'll find real hardwood floors, double-paned windows, a cozy wood-burning fireplace, and a double car garage, all situated on a spacious 0.32-acre lot. With a little TLC and creativity, this property has the potential to become a stunning showcase home that stands out in the neighborhood. Don't miss this opportunity to own a piece of Winter Haven's red brick charm and create the home of your dreams. Schedule a showing today and start envisioning the possibilities that await.

Request documents

Free. Tap one and our team sends it over.

The essentials

Built
1966
Price / sqft
$126
On market
280 days
Annual tax
$739
HOA
$1,200/yr
Flood zone
X · Low risk
Lot
14,000 sqft
Type
Single Family Residence

At a glance

Single family
Built 1966
2 car garage
Boat
0.32 acres
Lot size
2,579 sqft
Living area

Payment

Est. monthly payment
$2,019/mo
Down payment (20%)
$65,000
Property taxes
$62/mo
HOA
$1,200/yr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1966
Lot
14,000 sqft
Cooling
Central Air
Heating
Central
Parking
Boat, Driveway, Parking Pad
Days on Market
280
Ceiling Fans(s)
Eat-in Kitchen
Solid Surface Counters
Solid Wood Cabinets
Split Bedroom
Deed Restrictions
Street Lights
Dishwasher
Electric Water Heater
Range
Range Hood
Refrigerator
Homestead exemption on file Flood Zone x
Annual Tax (2025)
$739
Parcel #
26-28-27-000000-042300

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Lakewood
County
Polk
MLS Area
33884 - Winter Haven / Cypress Gardens
Lot Size
14,000 sqft
In CountyOversized LotPaved
HOA
$1,200/yr
Lakewood Community Association-Michael Cassidy

Price history

Date
Event
Price
5/12/2026
Price change
Source: Stellar MLS #L4958266
$325,000-18.7%
$126/sqft
1/5/2026
Listed for sale
Source: Stellar MLS #L4958266
$400,000
$155/sqft

Neighborhood

129 Lake Otis Rd SE
Winter Haven, FL, 33884 · 33884 - Winter Haven / Cypress Gardens

Market insights

Offer Insights

Choose an offer strength

List price: $325,000
$322,500 – $325,000
99.5% – 100% of listTops out right at the list price
80% of listList price
221 of the last 351 home closings in 33884 landed at this number or higher (63%). The median one sat 38 days before it went under contract, and this one is on day 280 after a $75,000 cut.

Sample: 351 closed home sales in 33884 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,019/mo
Principal & interest$1,695
Property taxes$62
Insurance$163
HOA$100
Down payment20% · $65,000
Interest rate6.80%
Loan term

Not sure what you can afford?

Put in your household income and we will tell you where this payment sits.

Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$325,000

$126 per sq ft

Beds and baths

5 beds, 3 baths

Size

2,579 sq ft

Time on market

280 days

Year built

1966

Monthly payment

About $2,019/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $739 annual tax bill, insurance, and the $1,200/yr HOA fee.

HOA fee

$1,200/yr

Managed by Lakewood Community Association-Michael Cassidy.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byCOLDWELL BANKER REALTYListing agent: Kelley BlackburnListing data from Stellar MLS, MLS# L4958266.

Keep exploring Florida

Pick up where you left off, or see what else is out there.