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722 Lake Martha DRIVE NE, Winter Haven, FL 33881
$475,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
3
baths
3,269
sqft
Built in
1951
Absolutely stunning and completely remodeled, this 4-bedroom, 3-bathroom lakefront property with a Mother-In-Law Suite in Winter Haven, FL, is the epitome of luxury living. Set on a sprawling .69-acre double lot with awe-inspiring views of the lake, this home seamlessly combines elegance with functionality, offering a lifestyle of unparalleled sophistication. Home is nestled in a corner double lot with a beautiful lake view that will never change because the home includes the additional lot across the street that goes into Lake Martha. Upon entering, you're welcomed by a sense of sophistication, with new flooring that graces the entire home. Meticulously updated with fresh paint, the interior exudes a welcoming and contemporary atmosphere, flooded with natural light that accentuates the bright and airy ambiance. This home has been completely renovated from top to bottom and features a new roof, new A/C system, new kitchen, new EVERYTHING! The heart of this home lies in its state-of-the-art kitchen, featuring brand-new stainless steel top of the line LG appliances, beautiful quartz countertops and new modern 42" cabinets with plenty of counter space and convenient center island with a quartz waterfall. Whether you're an aspiring chef or a seasoned culinary enthusiast, this kitchen is designed to inspire. The adjacent dining area opens up to panoramic lake views, providing a stunning backdrop for your meals. The spacious sized bedrooms are two or three times the size of new home bedrooms and boast ample closet space, and the bathrooms have undergone complete renovations, showcasing modern fixtures and finishes. The master suite serves as a private oasis, offering tranquility and breathtaking views of the lake. Beyond being a dream home, this property presents an exceptional investment opportunity. The 1-bedroom, 1-bathroom mother-in-law suite, complete with 868 sqft and its own driveway, is a potential income-generating gem, with estimated monthly earnings of around $1500-$1750 a month for a long-term tenant or AIRBNB the Mother-in-Law Suite for a potential revenue of $2000-$4000 a month as a short-term rental. Fully equipped and beautifully designed, the suite is sure to attract tenants seeking both comfort and style. The exterior has been revitalized with a new roof, fresh paint, new outside tile, new windows, new shutters, a big palm tree and lush green grass, creating impressive curb appeal. The expansive front yard extends across the street to the lake, offering a serene retreat for outdoor activities or simple relaxation. Imagine enjoying breathtaking sunsets or hosting unforgettable gatherings with friends and family in this picturesque setting. Build a dock and bring your boat or jet-skis and enjoy the lakefront living amenities and fun activities. Build a deck in your lot across the street and enjoy your private fishing oasis or the beautiful sunsets of Lake Martha. The possibilities are endless with this amazing renovated lakefront home with the income generating potential of the Mother-in-Law suite and the extra lot included with this home. Conveniently situated near restaurants, shopping centers and renowned recreational parks such as Legoland, Peppa Pig Park, Universal Studios, Disney World, Sea World and Animal Kingdom, this property strikes the perfect balance between tranquility and accessibility. Seize the opportunity to make this beautiful lakefront property your new home or investment venture.
Features & Amenities
Interior
- General:
- Built-in Features, Ceiling Fan(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat
- Rooms:
- Family Room, Great Room, Inside Utility, Interior In-Law Suite w/Private Entry
- Appliances:
- Cooktop, Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator
- Laundry:
- Common Area, Electric Dryer Hookup, Inside, Laundry Room
- Flooring:
- Ceramic Tile, Luxury Vinyl
- A/C:
- true, Central Air
- Heating:
- true, Central
Exterior
- General:
- Balcony, Lighting, Other, Private Mailbox, Sidewalk, Storage, Storage
- Style:
- Ranch
- Parking:
- Converted Garage, Driveway, Garage Door Opener, Garage Faces Side, Oversized, Parking Pad
Construction
- Roofing:
- Shingle
- General:
- Block, One, Crawlspace, Slab
Location
- Road/Access:
- Asphalt, Paved
- Originating MLS:
- Stellar MLS
- County:
- Polk
Lot
- Zoning:
- R-1C, MARTHA HEIGHTS PB 9 PG 39 BLK 2 LOTS 1 & 2 & LAND BETWEEN LK MARTHA DR & LK MARTHA, 262821573500002010
- View:
- Trees/Woods, Water
- Fencing:
- Vinyl
Utilities
- Utilities:
- BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Stellar MLS
This listing courtesy of:
REAL BROKER, LLC, Daniel Perez
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Winter Haven, FL
Housing
- Number of Units
- 53,724
- Median Home Value
- $154,192
- Median Rent
- $816
29.60% of housing units are renter occupied.
10.83% are vacant.
Commute
- Car
-
80.73%
- Public Transportation
-
0.39%
- Walk to Work
-
0.92%
- Work from Home
-
15.84%
- Other
-
1.21%
The median travel time to work is 23 minutes.
People
- Population
- 119,278
- Median Age
- 42.70
- Median Household Size
- 2.63
Education
- High School
-
33.52%
- Associate’s Degree
-
9.89%
- Bachelor’s Degree
-
12.02%
- Graduate Degree
-
7.07%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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