3 months on rocket

722 Lake Martha Dr NE, Winter Haven, FL, 33881

$545,000

Home List Price

$6,472*

Closing Credit

4 Bedrooms
3 Full Baths
3,269 SqFt
$167/SqFt
House
Schools Nearby

Location

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722 Lake Martha Dr NE, Winter Haven$545,000

Buyer Closing Credits

$6,472*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConverted Garage, Driveway, Garage Door Opener, Garage Faces Side, Oversized, Parking Pad
Attached Garage2 spaces
Year Built1951
HeatingCentral
CoolingCentral Air
WaterfrontLake Front
ViewTrees/Woods, Water
MLS #T3500768
Lot Size0.69 Acres
StatusActive

About 722 Lake Martha Dr NE

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1951
  • Stories: 1
  • Living Area: 3,269 SqFt

Listing Office:

  • Office Name: LPT REALTY
  • Office Phone: (877) 366-2213
  • Listing Agent: Daniel Perez

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator
  • Flooring Type: Ceramic Tile, Luxury Vinyl
  • Interior: Built-in Features, Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Trees/Woods, Water
  • Exterior: Balcony, Lighting, Other, Private Mailbox, Sidewalk, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Converted Garage, Driveway, Garage Door Opener, Garage Faces Side, Oversized, Parking Pad

Lot Features

Lot Information:

  • Lot: Corner Lot, Oversized Lot, Sidewalk
  • Lot Size: 0.69 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Winter Haven Senior High School, Public District Grades 9-12
  • Denison Middle School, Public District Grades 6-8
  • Rosabelle W. Blake Academy, Public District Grades PK-8
  • Davenport School of The Arts, Public District Grades PK-8
  • Fred G. Garner Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Sate Rd 60 E to US-98 S. US-98 S Left onto Hwy 17 N. Keep Right to stay on Hwy 17 N. Turn Right onto Ave G SW. Turn left onto 1st St S. Turn Right onto Lake Martha Dr NE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $545,000
  • Price Per SqFt: $167/SqFt

Tax Information:

  • Annual Amount: $740
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Winter Haven, FL.

Med. Sold Price

$301.9K

Med. Price/SqFt

$176

Avg. Days On Market

61

# of Sold Homes

164

722 Lake Martha Dr NE vs Winter Haven

91 DAYS ON ROCKET

+30 Days

$545,000

+$243K More

$167/SqFt

-$9 Less

KEY TAKEAWAY

This property is $243K more than the Median Sold Price and $9/SqFt less than other homes in Winter Haven, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3500768

Listing Office:

  • Office Name: LPT REALTY
  • Office Phone: (877) 366-2213
  • Listing Agent: Daniel Perez

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/30/2024, 11:19:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 03, 2010Home Sold
$70,000
Jun 23, 2006Home Sold
$182,000

Tax History

YEARPROP. TAXASSESSMENT
2020$740$79,156
2018$654$75,933
2017$654$74,371

History based on county public records data.

Payment Calculator

$2,788

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,700

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3978408
3
/10
  • Fred G. Garner Elementary School

  • 2500 Havendale Blvd NW

  • 2.73 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3978409
3
/10
  • Denison Middle School

  • 400 Avenue A SE

  • 0.65 miles

  • Public District Grades 6-8

school-card-donut-3978410
3
/10
  • Rosabelle W. Blake Academy

  • 510 Hartsell Ave

  • 15.14 miles

  • Public District Grades PK-8

school-card-donut-3978411
8
/10
  • Davenport School of The Arts

  • 4751 County Road 547 N

  • 16.01 miles

  • Public District Grades PK-8

High School

school-card-donut-3978412
2
/10
  • Winter Haven Senior High School

  • 600 6th St SE

  • 1.04 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,061. Typical income of Winter Haven, FL residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 722 Lake Martha Dr NE

What is the listing price of this property?

The listing price of 722 Lake Martha Dr NE property is $545,000.

What type of property is this?

The property 722 Lake Martha Dr NE is a house located in Winter Haven, Florida, 33881.

Is this property for sale now?

Active Listing: 722 Lake Martha Dr NE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 722 Lake Martha Dr NE are:
Fred G. Garner Elementary School: GreatSchools Rating 3/10
Denison Middle School: GreatSchools Rating 3/10
Rosabelle W. Blake Academy: GreatSchools Rating 3/10
Davenport School of The Arts: GreatSchools Rating 8/10
Winter Haven Senior High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $740 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 3, 2010 for $70,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 722 Lake Martha Dr NE has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 722 Lake Martha Dr NE is 3,269 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 722 Lake Martha Dr NE is 1951.

Rocket Homes›Florida›Polk County›Winter Haven›33881›722 Lake Martha Dr NE

This home is located at 722 Lake Martha Dr NE in Winter Haven, FL and zip code 33881. This 3,269 square foot home, which was built in 1951, sits on a 0.69 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $545,000.

While more than 23 listings in Winter Haven, FL in March 2024 were sold above asking price, there were more than 55 listings sold at asking price, and more than 86 were sold below. The number of listings in Winter Haven, FL increased by 3.5% between February 2024 and March 2024. In March 2024, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $301,912.

From Rocket Homes Real Estate and based on county public records data.

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