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2306 E Magnolia Street

LAKELAND, FL 33801

2 beds
1 bath
480 sqft
6,882 sqft lot
$260 per sqft
1968 build
– on site

"Cash Flow Carnival - Double Trouble Edition! Are you ready to dive into the thrilling world of real estate, where adventure and cash collide? Behold, the Investor Special of your wildest dreams – not one, but TWO mobile homes on a single lot! Now, we know what you're thinking, "Double the trouble, double the fun!" These homes are already in high demand, playing host to month-to-month tenants. But wait, there's more! These homes come with their very own makeover story. Picture it: HGTV meets a mobile home marathon. Renovation enthusiasts, prepare for your ultimate challenge! Both homes are in desperate need of some TLC, but don't worry, we've heard that paintbrushes and power tools make great companions. Now, let's talk numbers. You're not just buying a couple of homes; you're buying a golden ticket to financial freedom! With a staggering 13 cap rate, this investment is like hitting the jackpot at the real estate casino. Cash flow galore, baby! But here's the kicker, folks – to join the Cash Flow Carnival, you must bring one guest, and that guest is none other than Mr. Cash himself! That's right, you'll need to pay cash to play, but trust us, it'll be the best money you ever spend. So, if you're ready to embrace the wild, wacky world of mobile homes, tenants with stories for days, and a chance to make your cash work harder than ever, this Investor Special is calling your name. But remember, this isn't just an investment; it's a front-row seat to the greatest show on earth – the Cash Flow Carnival!"

Listing courtesy of STELLAR_MLS / S & D REAL ESTATE SERVICE LLC

Last checked: Checking… • Last updated Feb 8, 2024 •

MLS# L4939580 —

The Building

Year Built:

1968
New Construction:

false
Construction Materials:

Other
Body Type:

Single Wide
Building Area Total:

480
Levels:

One
Roof:

Metal
Foundation Details:

Crawlspace

Interior

Interior Features:

Other
Flooring:

Other
Fireplace:

false

Room Dimensions

Living Area:

480
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Head south on Combee, turn on Magnolia, house is on right. Sign out front
Latitude:

28.050573
Longitude:

-81.913584
Coordinates:

-81.913584, 28.050573

The Property

Parcel Number:

242816186000003222
Property Type:

Residential
Property Sub Type:

Mobile Home
Lot Size Acres:

0.16
Lot Size Square Feet:

6882
Lot Size Area:

6882
Lot Size Units:

Square Feet
Zoning:

R-2
Direction Faces:

South
Exterior Features:

Other
Water Source:

Public
Total Acreage:

0 to less than 1/4
Road Surface Type:

Dirt
Flood Zone Code:

X
Flood Zone Panel:

12105C0320G
Homestead:

false
Lease Restrictions:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Lot:

22
Tax Block:

3
Tax Book Number:

7-10
Tax Annual Amount:

1619
Tax Legal Description:

COUNTRY CLUB ESTATES SUB PB 7 PG 10 BLK 3 LOT 22 E1/2 OF S1/2

Beds

Bedrooms Total:

2

Baths

Bathrooms Total:

1
Bathrooms Total:

1
Bathrooms Full:

1

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/L4939580
Special Listing Conditions:

None
Buyer's Brokerage Compensation:

3%-$295

Heating & Cooling

Heating:

Other
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Septic Tank

Appliances

Appliances:

Range

The Community

Subdivision Name:

COUNTRY CLUB ESTATES SUB
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

true
Carport Spaces:

1
Covered Spaces:

1

Monthly cost estimate

Asking price

$125,000

Expense	Monthly cost
Mortgage	$669
Taxes	$134
Insurance	$34
Utilities	$141 See report
Total	$978/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
9/25/23 Sep 25, 2023	Listed / Active	STELLAR_MLS
9/20/23 Sep 20, 2023	Listed / Active	STELLAR_MLS	$125,000

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This house located in Country Club Estates, Combee Settlement, FL 33801 is currently for sale for $125,000. 2306 E Magnolia Street is a 480 square foot house with 2 beds and 1 bath that has been on Estately for 226 days. 2306 E Magnolia Street is in the Country Club Estates neighborhood of Combee Settlement and has a WalkScore® of 50, making it car-dependent. This house is in the attendance area of Combee Elementary School, Crystal Lake Middle School, and Tenoroc High School.

Listing Courtesy of: STELLAR_MLS and S & D REAL ESTATE SERVICE LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.