5544 Lake Buffum Road

Sold 2/7/17
Sold 2/7/17
Gallery Image 1
Sold
Last Sold Price
$610,000
18,060 sqft
5544 Lake Buffum Rd, Lake Wales, FL 33859
22.07 acresLot Size
1989Year Built
$34/sq ftPrice per sq ft
2 carsParking Spaces

Description

33 ACRES, Mobile Home Park, 18 park owned units with a good steady income stream, always rented. Great central Florida country setting, over 2,000 feet paved road frontage with 5 adjoining parcels containing 33 acres. Covered equipment storage and concrete block workshop/garage. Large improved pasture fenced for horses or grazing animals. Endless possibilities for future development. Good investment opportunity priced to sell, providing a 4.87 GRM annual and approximately a 10%+ CAP Rate for investor...33 ACRES, Mobile Home Park, 18 park owned units with a good steady income stream, always rented. Great central Florida country setting, over 2,000 feet paved road frontage with 5 adjoining parcels containing 33 acres. Covered equipment storage and concrete block workshop/garage. Large improved pasture fenced for horses or grazing animals. Endless possibilities for future development. Good investment opportunity priced to sell, providing a 4.87 GRM annual and approximately a 10%+ CAP Rate for investor or a Mom and Pop operation. Live, work, and play right here.
  • Listed by: Don Gray 863.860.7295 donald.gray@floridamoves.com Brokerage DRE #CQ247822 • COLDWELL BANKER RESIDENTIAL RE
Listing closed: 02/07/2017 12:00 AM • Source: MFRMLS, MLS#: P4706345

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Location

Listing Courtesy of COLDWELL BANKER RESIDENTIAL RE, Don Gray

Sold By REALTY PROFESSIONALS OF FL,LLC, Nick Clough

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$3,894 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,257

Property Taxes

$638

HOA Dues

$0

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Property Information for 5544 Lake Buffum Road

Property Details
  • Taxes: $7,654 / year
  • County: Polk County
  • Architectural Style: Other
  • Subdivision Name: ACREAGE & UNREC
  • Township: 31
  • Garage Spaces: 2
  • Waterfront: No
Building Information
  • Residences: 18
  • Year Built: 1989
  • Lot Size: 22.07 AC / 961,252 SF
Summary
Location and General Information
  • Building Area Source: Owner
  • Directions: US Highway 27 to Alturas-Babson Park Cut-off Road, west to Lake Buffum Road, south to property.
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Road Frontage Type: Street Paved
  • Senior Community: No
  • Street Number: 5544
  • Street Name: Lake Buffum
  • Street Suffix: ROAD
  • State: FL
  • City: LAKE WALES
Parking
  • Attached Garage: No
  • Garage Dimensions: 35x40
  • Garage: Yes
  • Parking Features: Oversized, Workshop in Garage
Taxes and HOA Information
  • Association Fee Requirement: None
  • Association: No
  • CDD: No
  • Tax Book Number: P-81
  • Tax Legal Description: E3/4 OF S1/2 OF SW1/4 OF NW1/4 LYING N & W OF ROAD LESS W 171 FT OF N 255 FT OF E1/2 OF SW1/4 OF SW1/4 OF NW1/4 & LESS W 50 FT OF E1/2 OF SW1/4 OF SW1/4 OF NW1/4 & NE1/4 OF SW1/4 OF NW1/4 LESS RD R/W
  • Tax Year: 2015
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Property
Lot Information
  • Additional Parcels: Yes
  • Lot Features: In County, Level, Oversized Lot, Pasture, Zoned for Horses
  • Lot Size Dimensions: 0 x 0
  • Parcel Number: 273105000000034020
  • Total Acreage: 20 to less than 50
  • Total Num Buildings: 19
  • Water Access: No
  • Water Extras: No
  • Zoning: RC
  • Living Area: 18060
  • Lot Dimensions: 0 x 0
Property and Assessments
  • Year Built Numeric: 1989
  • Flood Zone Code: X
  • Home Warranty: No
  • Homestead: No
  • New Construction: No
  • Number Of Lots: 5
  • Public Survey Range: 27
  • Public Survey Section: 05
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Private
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Siding, Wood Frame
  • Exterior Features: Fenced
  • Levels: One
  • Other Structures: Shed(s), Workshop
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal, Other, Shingle
  • Security Deposit: $0
  • Vegetation: Oak Trees
Interior Features
  • Appliances: Range, Refrigerator
  • Cooling: Central Air
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Heating: Central, Electric
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $.00
  • Deposits: No
  • Gross Income: $142,668
  • Unit Count: 4

Property History for 5544 Lake Buffum Road

DateEvent & SourcePriceAppreciation
Feb 7, 2017

Sold

MFRMLS #P4706345

$610,000—
Sep 26, 2016

Pending

MFRMLS #P4706345

—
Aug 1, 2015

Listed (Active)

MFRMLS #P4706345

$695,000—
DateEvent & SourcePrice
02/07/2017

Sold

MFRMLS #P4706345

$610,000
09/26/2016

Pending

MFRMLS #P4706345

—
08/01/2015

Listed (Active)

MFRMLS #P4706345

$695,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5544 Lake Buffum Road

Taxable ValueLand-Additions-Total-
Tax Record2025$6,360 ($530 / month)
Home Facts
Total Finished SqFt924 SqFtAbove Grade Finished SqFt924 SqFtLot Size961,195 SqFtStyleMobile / Manufactured HomeYear Built1985CountyPOLKAPN273105000000034020

Schools near 5544 Lake Buffum Road

This home is within Polk County Public Schools.
Rating
School
Type
Grades
Distance
Ben Hill Griffin Jr Elementary School
Public - PK to 5
Bartow Elementary Academy
Public - K to 5
Union Academy
Public - 6 to 8
Mclaughlin Middle School And Fine Arts Academy
Public - 6 to 11
Rating
School
Distance
Ben Hill Griffin Jr Elementary School
PublicPK to 5

Bartow Elementary Academy
PublicK to 5

Union Academy
Public6 to 8

Mclaughlin Middle School And Fine Arts Academy
Public6 to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER RESIDENTIAL RE, Don Gray

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 07/10/2022 09:49 PM