702 NW 3RD STREET, Mulberry, FL 33860

• 2 beds |
• 1 bath |
• 1,200 sqft

Property Description

Under contract-accepting backup offers. Income potential meets lakefront living at this 2-bed, 1-bath bungalow - set on nearly 15,000 sq ft with a back unit currently generating monthly income. The converted back unit features a kitchenette and full bath on a month-to-month lease, letting you move in and offset your mortgage or hold it as a pure rental play. Step onto the front porch and take in unobstructed views of Lake Whiddon - then walk across the street to the fishing dock, boat access, gazebo, and play area. Out back, a forested area means no rear neighbors and real quiet. Cool off in the newer above-ground pool and enjoy peace of mind with a recently updated roof (2022). Walkable to schools, daycare, restaurants, the library, and more. Priced below the surrounding market to reflect current condition and cosmetic needs - a true value-add opportunity with location and lot size that are hard to replicate.

Listing Status:

Pending

Date Added:

April 21, 2026

Data Last Updated:

May 12, 2026 at 5:24AM

Listing Office:

EXP REALTY LLC : 888-883-8509

Listing Agent:

Jon Maio : 631-335-4055

MLS ID:

N6144003

Interior

• General: Primary Bedroom Main Floor
• Appliances: DishwasherElectric Water HeaterMicrowaveRangeRefrigerator
• Laundry: Inside
• Flooring: Ceramic TileLuxury Vinyl
• A/C: Wall/Window Unit(s)
• Heating: Ductless

Exterior

• General: Storage
• Pool: Above Ground

Construction

• Roofing: Shingle
• General: FrameOneCrawlspace

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Polk

Lot

• Zoning: XXTRACT 23 BEG 1814PT77 FT W & 818PT6 FT N OF SE COR OF SEC RUN W 100 FT N 150 FT E 100 FT S TO BEG23-30-02-000000-024110

Utilities

• Utilities: Cable ConnectedElectricity Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple