

Overview
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About this home
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.
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.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
Market insights
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Sample: 351 closed home sales in 33884 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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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.
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