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$789,000 Just Listed
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Property Description
ASSUMABLE VA LOAN AVAILABLE AT AN INCREDIBLY LOW 2.6% INTEREST RATE! This is the waterfront lifestyle opportunity buyers have been waiting for. Nestled on a spacious 0.59-acre waterfront lot in the heart of Auburndale, this beautifully updated pool home offers the perfect blend of luxury, recreation, and everyday comfort with direct water access, a private dock, screened pool, expansive outdoor entertaining areas, and over 5,500 square feet of combined indoor and outdoor living space. From the moment you arrive, you'll appreciate the extensive upgrades and pride of ownership throughout. Major improvements include new roofs (2022 & 2024), fully remodeled bathrooms (2023), new flooring (2023), updated plumbing, hurricane-rated garage door (2023), new front and side windows (2023), three mini-split AC systems (2023), new irrigation pump, and fresh interior and exterior paint. These significant updates provide peace of mind while allowing you to immediately enjoy the home without the expense and hassle of major renovations. Designed for entertaining and enjoying Florida's outdoor lifestyle, the property features a screened pool, large screened porch, waterfront deck, private dock, and breathtaking water views. Whether you're enjoying your morning coffee overlooking the water, spending weekends boating and fishing, hosting family gatherings poolside, or relaxing with friends at sunset, this property delivers the true Florida waterfront experience. Inside, you'll find nearly 3,500 square feet of living space with generous room sizes, multiple gathering areas, a spacious primary suite, and flexible living spaces perfect for entertaining, working from home, or accommodating guests. The Florida room/game room provides additional space to enjoy the beautiful waterfront setting year-round. Conveniently located near Downtown Auburndale, Lake Ariana, local parks, restaurants, shopping, schools, medical facilities, golf courses, and just minutes from Interstate 4, you'll enjoy easy access to both Tampa and Orlando while still experiencing the charm and tranquility of waterfront living. In addition to being an exceptional primary residence or vacation retreat, this property offers outstanding short-term rental potential, making it an attractive opportunity for investors seeking income-producing waterfront property. Waterfront homes with a private dock, pool, extensive renovations, nearly 0.60 acres of land, short-term rental flexibility, and an assumable 2.6% VA loan are exceptionally rare. Don't miss this opportunity to own a move-in-ready waterfront retreat that offers an incredible lifestyle, significant recent upgrades, and one of the most attractive financing opportunities available in today's market.
Full Property Details
Full Property Details for 331 Bay St
General
- Price: $789,000
- Taxes: $7,447 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8516430
- Updated: 6/8/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 13
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
- Appliances: Dishwasher, Disposal, Ice Maker, Range, Range Hood, Refrigerator, Wine Refrigerator
- Furnishings: Unfurnished
- Flooring: Ceramic Tile, Laminate, Porcelain Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Deck, Heated, In Ground, Screen Enclosure
- Spa Description: In Ground
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Irrigation System, Lighting, Sidewalk, Sliding Doors
- Deck/Patio: Covered, Deck, Enclosed, Front Porch, Patio, Porch, Rear Porch, Screened
- Porch/Patio/Deck: Covered, Deck, Enclosed, Front Porch, Patio, Porch, Rear
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Circular Driveway, Driveway, Oversized
Location
- Area: 33823 - Auburndale
- County: Polk
- Development Name: 33823 - Auburndale
- Subdivision: FLANIGAN C R SUB
- Driving Directions: From US-92 in Downtown Auburndale, head north on FL-559 (Main Street), turn left onto Bay Street, and proceed to 331 Bay St. Home will be on the right near the waterfront.
- Direction Faces: East
School Information
- Elementary School: Auburndale Central Elem
- Middle School: Stambaugh Middle
- High School: Auburndale High School
Community
- Community Name: 33823 - Auburndale
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water District: LAKE ARIANA
- Water: Public
- Utility Description: Cable TV Available, Electricity Available, Street Lights, Water Available
Structural Information
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Windows: Blinds, Window Treatments
- Stories/Levels: One
- Square Feet: 3,488
- Sq. Ft. Source: Owner
- Year Built: 1973
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Water
- Lot Size (Acres): 0.59
- Lot Size (Sq. Ft.): 25,130
- Lot Size: 25130
- Frontage: Street Paved
- Street/Road Desc.: Paved
- Fencing (Description): Chain Link, Fenced, Vinyl
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Lake
- Water Extras: Yes
- Water Front Name: LAKE ARIANA
- Water Front Desc.: Lake Front
Financial Considerations
- Tax Amount: $7,447
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: FLANIGAN C R SUB PB 4 PG 67 LOT 13
- Flood Zone Info: X
- APN: 252802309500000130
- Property ID: 252802309500000130
Listed by Divine Estates Realty Llc
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Schools
Schools serving 331 Bay St
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Auburndale Senior High School 1 Bloodhound Trail, Auburndale, FL 33823 | 9-12 | 0.3 mi |
Auburndale Central Elementary School 320 Lemon Street, Auburndale, FL 33823 | PK-5 | 0.8 mi |
Jere L. Stambaugh Middle School 226 Main Street, Auburndale, FL 33823 | 6-8 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 331 Bay St
Date
Details
Price
Change
Source
6/05/2026
Listed
$789,000
36.03%
MLS
4/08/2022
Sold
$580,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 331 Bay St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,292
—
$502,633
2%
2024
$7,292
2%
$492,267
3%
2023
$7,134
207%
$477,929
171%
2021
$2,325
-64%
$176,449
-54%
2022
$6,422
176%
$384,789
121%
2021
$2,325
2%
$174,013
2%
2019
$2,287
4%
$170,101
2%
2017
$2,192
—
$166,929
2%
2017
$2,192
1%
$163,496
2%
2016
$2,172
-1%
$160,133
1%
2015
$2,201
—
$159,020
1%
2014
$2,196
—
$157,758
1%
2013
$2,198
—
$155,427
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 331 Bay St
331 Bay Street, Auburndale, FL 33823 (MLS# TB8516430) is a Single Family property with 3 bedrooms and 3 full bathrooms. 331 Bay Street is currently listed for $789,000 and was received on June 05, 2026. Want to learn more about 331 Bay Street? Do you have questions about finding other Single Family real estate for sale in Auburndale? You can browse all Auburndale real estate or contact a Coldwell Banker agent to request more information.

