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$245,000
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Property Description
Opportunity awaits! The home sits on a large corner lot. Located in the established Imperial Lakes community, this home offers a convenient north Mulberry/South Lakeland location surrounded by mature landscaping and neighborhood lakes. Publix, Walmart, dining and everyday services are just minutes away. While Lakeside Village provides additional shopping, restaurants and entertainment. Outdoor enthusiasts will appreciate nearby Loyce E. Harpe Park, offering mountain-bike trails, disc golf, sports fields, fishing, a dog park and more. Convenient access to South Florida Avenue, State Road 60 and the Polk Parkway makes commuting throughout Lakeland and Polk County easy. The list price has been adjusted to reflect the updates and repairs needed, making it an excellent opportunity for investors, renovators, or buyers looking to build equity.Major mechanical updates have already been completed, including the roof, electrical system, HVAC system, and water heater-all replaced in 2017.The home does require additional work, including:Ceiling damage in the second bathroom shower, which resulted from a previous A/C leak.The rear sliding glass door is damaged, does not open, and will need to be repaired or replaced.Garage ceiling needs repair or removal. Older windows that should be replaced. This home is being sold AS-IS, and the seller will make no repairs or concessions for repairs.With the major systems already updated, this property offers a solid foundation for the next owner to renovate and customize to their liking. If you're looking for a home with great potential at an adjusted price, this is one you won't want to miss. Schedule your showing today!
Full Property Details
Full Property Details for 5330 Misty Lake Dr
General
- Price: $245,000
- HOA FEE: $4/month
- HOA FEE FREQ.: Annually
- Taxes: $2,568 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8533592
- Updated: 7/30/2026
- Added to Site: 9 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 4
- Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s)
- Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Porcelain Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
Exterior
- Exterior Features: Sidewalk, Sliding Doors
- Deck/Patio: Covered, Rear Porch
- Porch/Patio/Deck: Covered, Rear Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
Location
- Area: 33860 - Mulberry
- County: Polk
- Development Name: 33860 - Mulberry
- Subdivision: IMPERIALAKES PH 01
- Driving Directions: From FL-60, turn onto Shepherd Rd. Turn left onto Imperial Lakes Blvd., right onto Willow Crest Blvd., right onto Fox Croft Dr., then right onto Misty Lake Dr. Home is on the right.
- Direction Faces: South
School Information
- Elementary School: James W Sikes Elem
- Middle School: Mulberry Middle
- High School: Mulberry High
Community
- Community Name: 33860 - Mulberry
- Association: Yes
- Assoc. Name: Michael Hoffman
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Public, Water Connected
Structural Information
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,183
- Sq. Ft. Source: Public Records
- Year Built: 1978
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,632
- Lot Size: 12632
- Street/Road Desc.: Asphalt
- Fencing (Description): Wood
Financial Considerations
- Association Fee: $50
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $2,568.89
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: IMPERIALAKES PHASE ONE PB 63 PGS 43 THRU 45 LOT 232
- Flood Zone Info: x
- APN: 232927142000002320
- Property ID: 232927142000002320
- Block/Lot/Section: 2320
Listed by Investcor Realty Llc
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Schools
Schools serving 5330 Misty Lake Dr
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
James W. Sikes Elementary School 2727 Shepherd Road, Lakeland, FL 33811 | PK-5 | 0.7 mi |
Mulberry Middle School 500 Southeast Drive Martin Luther King Junior Avenue, Mulberry, FL 33860 | 6-8 | 3.6 mi |
Mulberry Senior High School 4th Circle Ne, Mulberry, FL 33860 | 9-12 | 3.5 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 5330 Misty Lake Dr
Date
Details
Price
Change
Source
7/29/2026
Listed
$245,000
7.69%
MLS
9/21/2021
Sold
$227,500
—
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 5330 Misty Lake Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,873
-27%
$185,055
—
2024
$2,578
7%
$185,376
3%
2023
$2,415
7%
$180,700
40%
2021
$2,254
-8%
$128,695
-31%
2022
$2,449
9%
$185,230
62%
2021
$2,254
13%
$114,104
7%
2019
$2,001
14%
$107,052
10%
2017
$1,760
—
$97,320
2%
2017
$1,760
8%
$95,343
9%
2016
$1,632
6%
$87,172
19%
2015
$1,540
6%
$73,118
10%
2014
$1,455
12%
$66,471
10%
2013
$1,304
—
$60,428
—
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 5330 Misty Lake Dr
5330 Misty Lake Dr, Mulberry, FL 33860 (MLS# TB8533592) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5330 Misty Lake Dr is currently listed for $245,000 and was received on July 29, 2026. Want to learn more about 5330 Misty Lake Dr? Do you have questions about finding other Single Family real estate for sale in Mulberry? You can browse all Mulberry real estate or contact a Coldwell Banker agent to request more information.

