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Great opportunity to own two residential vacant lots in Winter Haven.
Each lot offers the potential to build a single-family home or place a manufactured/mobile home (buyer to verify zoning). Septic tanks septic tanks already installed, helping reduce development costs and timelines.
3955 Atkins Dr, Winter Haven, FL 33881 — 0. 17 Acres $35, 000
1399 40th St, Winter Haven, FL 33880 — 0. 24 Acres $35, 000
Recent nearby sales support strong end values:
Single-family homes sold: $279, 900 and $234, 900
Mobile homes sold: $245, 000 and $220, 000
These comparables show solid demand for both housing types in the area.
Neighborhood Overview
Located in Winter Haven’s growing residential area, known for affordable housing, steady appreciation, and easy access to major highways, lakes, parks, and local amenities.
Ideal for builders, investors, or owner-occupants looking to build and capture upside in a growing Central Florida market.
Comparable Properties
SFR 1754 35TH ST NW WINTER HAVEN FL 33881 $279, 900
SFR 3438 AVENUE E NW WINTER HAVEN FL 33880 $234, 900
Manufactured Home 1499 32ND ST NW WINTER HAVEN FL 33881 $245, 000
Manufactured Home 1294 1/2 38TH ST NW WINTER HAVEN FL 33881 $220, 000
Transaction Details
Earnest money required: $5, 000
Proof of funds required: Yes
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Our Executive Mortgage Banker:
Our Insurance Division:
$35,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $28,000 | $28,000 | $28,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.149% | 6.144% | 5.522% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $157 | $168 | $225 |
| Total Monthly Payment | $232 | $243 | $300 |
* 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.