Residential Property - Single Family Residence in Lake Alfred
Listing Price: $350,000 (Mortgage Calculator →)
Description of Property
Massive Price Adjustment – Priced to Sell! Opportunity is knocking at 530 N Ridge Ave in Lake Alfred! Recently appraised at $350,000, this property is back on the market with a fresh price, cleared-out interior, and ready for its next chapter. Situated on nearly ¾ of an acre, this unique property offers incredible flexibility with a main home plus a detached 1 bed / 1 bath guest house, perfect for extended family, rental income, or a private workspace. Built in 1925 this home boast simple , charming elegance Key features include: • No HOA • Roof approx. 5 years old • Two A/C units (2016) • Detached carport • Private pool • Functioning bomb shelter – a rare and interesting bonus! • Located between Tampa and Orlando with quick access to I-4 This is a true investor special / fixer-upper with substantial upside. The property will require renovations, including updates to electrical, plumbing, pool resurfacing, and cosmetic repairs—but the price reflects the condition and leaves room for value creation. Whether you’re an investor, flipper, or buyer looking to customize a home on a large lot, this is a rare chance to secure a property with space, versatility, and long-term potential in a centrally located area. Bring your vision and unlock the possibilities!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Lake Alfred
County: Polk
Subdivision: Twin Lake Sub
Bedrooms: 5
Bathrooms: 3
Sq. Ft. Gross: 1,894
Sq. Ft. Living Area: 1,818
Cost per (heated) sqare foot: $193
Year built: 1925
Annual Tax: $871
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Fireplace: Yes
Fireplace Features: Non Wood Burning
Flooring: Hardwood
Schools
Elementary School: Lake Alfred Elem
Middle/Junior High School: Stambaugh Middle
High School: Auburndale High School
Pool & Waterfront Info
Private Pool: Yes
Pool Features: Screen Enclosure
Exterior & Construction
Construction: Stucco
Foundation: Pillar/Post/Pier
Roof: Shingle
Exterior Features: Sliding Doors
Carport: Yes
Carport Spaces: 2
Floors Total: 2
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Electric
Sewer: Septic Tank
Water Source: None
Lot Information
Lot Size (acres): 0.69
Lot Size (sq. ft.): 30,000 square feet
Lot Dimensions: 100 x 150
Front Exposure: East
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 262732502500004200
Zoning: R-1A
Tax Legal Desc.: TWIN LAKE SUB PB 4 PG 90 BLK D LOTS 20 THRU 23
Section: 32
Range: 26
Listing courtesy of FREEDOM REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.