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$228,000 Just Listed
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Property Description
Bring your vision to this unique lakefront property in Polk City! Situated on a nearly half-acre waterfront lot, this 3-bedroom, 2-bathroom 1993 Palm Harbor manufactured home offers an excellent opportunity for an investor, renovator, or buyer looking for a property with substantial potential. The home offers a spacious layout with an open-concept living, dining, and kitchen area, a desirable split-bedroom floor plan, an additional family room, and a utility room that could also function as an office or flex space. A large, screened porch overlooks the lake, creating an ideal spot to enjoy the peaceful waterfront setting. The backyard is fenced, providing added privacy and usable outdoor space. Recent improvements include a roof replaced in 2025 and recently replaced exterior skirting. The property does need TLC, giving the next owner the opportunity to renovate and customize the home to their liking. The garage sustained storm damage and will need to be rebuilt or removed. For an investor, the combination of waterfront land, nearly half an acre, a 3-bedroom/2-bath home, and a highly convenient location presents an attractive value-add opportunity. Less than 5 minutes from the Polk Parkway/I-4 interchange, the property offers quick access to Lakeland, Orlando, Tampa, and surrounding communities. Whether you're looking for a renovation project, investment property, or a chance to create your own lakefront retreat, this property offers plenty of potential in a convenient Central Florida location. Cash-only offers. Property is being sold as-is.
Full Property Details
Full Property Details for 5430 Mt Olive Rd
General
- Price: $228,000
- Taxes: $1,539 (2025)
- Status: Active
- Type: Mobile Home
- Source: MidFloridaRegionalMLS
- MLS ID: L4964680
- Updated: 8/30/2026
- Added to Site: 3 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 10
- Interior Features: Built-in Features, Ceiling Fan(s), Solid Wood Cabinets, Split Bedroom
- Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Laminate, Parquet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Room
Exterior
- Exterior Features: Awning(s), Sliding Doors
- Deck/Patio: Rear Porch, Screened
- Porch/Patio/Deck: Rear Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
Location
- Area: 33868 - Polk City
- County: Polk
- Development Name: 33868 - Polk City
- Subdivision: MOUNT OLIVE HEIGHTS
- Driving Directions: From Main Street in Bartow, travel to N. Broadway. Turn right. Travel north and take a slight right turn toward Orlando on SR 570/Polk Pkwy. Keep left for Polk Pkwy E. Take exit 23 onto Pace Rd. Turn right on Pace Rd. Turn left onto Berkley Rd. Turn left onto Mt Olive Rd. Home is on your right.
- Direction Faces: West
Community
- Community Name: 33868 - Polk City
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water District: MUD LAKE
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Model: Palm Harbor
- Exterior Const.: Vinyl Siding
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,904
- Sq. Ft. Source: Public Records
- Year Built: 1993
Manufactured Home
- Mobile Home Type: Double Wide
- Make: 1993
- Model: Palm Harbor
Additional Structures
- Other Structures: Shed(s), Storage
Lot Features
- Property View: Water
- Lot Size (Acres): 0.47
- Lot Size (Sq. Ft.): 20,473
- Lot Size: 20473
- Frontage: Street Paved
- Street/Road Desc.: Paved
- Fencing (Description): Chain Link
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Lake
- Water Front Name: MUD LAKE
- Water Front Desc.: Lake Front
Financial Considerations
- Tax Amount: $1,539
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Probate Listing
- Legal Description: MOUNT OLIVE HEIGHTS PLAT BOOK 64 PAGE 14 BLOCK A LOT 3
- Flood Zone Info: X
- APN: 252706298340001030
- Property ID: 252706298340001030
- Block/Lot/Section: A
Listed by King Real Estate Services
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Schools
Schools serving 5430 Mt Olive Rd
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Polk City Elementary School 125 South Bougainvillea Avenue, Polk City, FL 33868 | PK-5 | 2 mi |
Jere L. Stambaugh Middle School 226 Main Street, Auburndale, FL 33823 | 6-8 | 7.1 mi |
Tenoroc High School 4905 Saddle Creek Road, Lakeland, FL 33801 | 9-12 | 6.2 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 5430 Mt Olive Rd
Date
Details
Price
Change
Source
8/29/2026
Listed
$228,000
90.79%
MLS
6/20/2016
Sold
$119,500
—
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 5430 Mt Olive Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$777
-44%
$100,328
3%
2024
$1,383
14%
$97,500
3%
2023
$1,214
5%
$94,660
6%
2021
$1,153
—
$89,226
-3%
2022
$1,156
—
$91,903
4%
2021
$1,153
6%
$87,994
2%
2019
$1,086
6%
$86,016
2%
2017
$1,029
—
$84,412
2%
2017
$1,029
34%
$82,676
48%
2016
$769
-1%
$55,903
1%
2015
$778
4%
$55,514
1%
2014
$747
-5%
$55,073
-7%
2013
$790
—
$59,305
—
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 5430 Mt Olive Rd
5430 Mount Olive Rd, Polk City, FL 33868 (MLS# L4964680) is a Mobile Home property with 3 bedrooms and 2 full bathrooms. 5430 Mount Olive Rd is currently listed for $228,000 and was received on August 29, 2026. Want to learn more about 5430 Mount Olive Rd? Do you have questions about finding other Mobile Home real estate for sale in Polk City? You can browse all Polk City real estate or contact a Coldwell Banker agent to request more information.

