3146 Mount Tabor ROAD, Lakeland, FL, 33810 | $900,000

Description for Mount Tabor
First time on the market since 1930. This Multi-Family zoned property comes with not 1 HOME but 8 HOMES. It is classified as a trailer park and each trailer has its own electric meter. Live in one and rent out the other 7. Bring the whole family and make it into your family compound. With almost 9 acres there is plenty of room for all your toys. Investors are welcome to purchase and develop the property with 1 home per acre up to 8. County approval needed for more homes. Also possible townhomes, apartments, or residential development park with tiny homes. Commercial is feasible. Remove all the homes and build that dream home with acreage galore. NO HOA and NO Deed Restrictions- bring your boat or RV. Large shed/workshop is perfect for all your lawn equipment and extra storage items. Plenty of parking on the property for extra cars or guests. Cows and Horses were in the pasture area which you could lease out to a rancher or horse owners. Large section cleared that once had a bountiful garden of fresh vegetables and fruits. Located in the rapidly growing area of Lakeland, these homes offers unbeatable convenience with its central location. Commuting is easily accessible from I-4, and just a short drive away from Orlando and Tampa. Quick Access to Schools, Shopping, Medical Facilities, Restaurants, two airports, Walt Disney World & other Orlando theme parks, downtown Lakeland & Bonnet Springs (less than 8 miles away) & of course Florida BEACHES. Some homes are in need of major updates/repairs but you also have the option to pull the old ones out and replace them with new ones. Cash offers only. Sold as-is with the right to inspect.

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Lot Size: 423 x 165
  • Laundry: Inside
  • Year Built: 1930
  • Garage: Boat, Circular Driveway, Covered, Guest, Open, RV Parking
  • Heating: Central
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 1,296
  • Acreage: 8.7
  • Lot Size: 423 x 165
  • Est. Taxes: $6,235
  • Lot Desc: Cleared
  • Elem. School: Griffin Elem
  • Middle School: Kathleen Middle
  • High School: Kathleen High
  • Pet Policy: Yes
  • Appliances: Cooktop, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Other, Range, Refrigerator, Washer
  • MLS#: T3509972
  • Days on Market: 289 days
  • Website: https://www.raveis.com
    /prop/T3509972/3146mounttaborroad_lakeland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/23/2024 1:02:29 AM)
Listing courtesy of FITZ REAL ESTATE SERVICES   Phone: 813-862-2045

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NMLS Mortgage Loan Originator ID 16953

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3146 Mount Tabor ROAD, Lakeland, FL, 33810

$900,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $720,000 $720,000 $720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $520 $520 $520
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,670 $4,610 $6,322
Total Monthly Payment $5,282 $5,222 $6,934

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.