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5026 N SOCRUM LOOP ROAD, Lakeland, FL, 33809 | $410,000
Rare Lake Gibson Waterfront Opportunity – Priced to Sell As-Is. Don't miss this incredible chance to own a direct waterfront home on the highly sought-after Lake Gibson in Lakeland, FL! This spacious ranch-style home sits on a large lot with direct lake frontage, and unobstructed panoramic views of one of Polk County's most popular ski lakes — a view you simply can't replicate at this price point.
The big-ticket items are already done — the roof and AC are only 4 years old, saving the next owner thousands right out of the gate. The seller has also already invested $15, 000 in demo work — flooring, kitchen, fireplace, and rear landscaping have been cleared — giving you a true clean slate to design and finish this home exactly the way you want it. Exposed concrete floors run throughout, original wood beam ceilings add character to the main living areas, and the layout offers great functionality throughout. Multiple sliding glass doors open directly toward the water, flooding the home with natural light and lake breezes from every angle. Whether you're an investor, flipper, or a buyer ready to build their dream lakefront retreat, this property checks every box. Bring your contractor and your imagination — the hard part is already done. Financing: Cash, Conventional, and Rehab (203k/renovation) loans accepted. All buyers must be pre-approved through our preferred lender prior to showing (buyer may use any lender of their choice). Cash buyers must provide proof of funds.
Sold strictly As-Is. Seller will make no repairs. Call today — Lake Gibson waterfront properties at this price point do not last!
Features
- Rooms: 3
- Bedrooms: 3
- Baths: 2 full
- Lot Size: 91 x 177
- Laundry: None
- Year Built: 1967
- Garage: 2-car
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,870
- Acreage: 0.44
- Lot Size: 91 x 177
- Est. Taxes: $2,000
- Lot Desc: Sidewalk
- View: Water
- Pet Policy: Yes
- Appliances: Dryer, Microwave, Refrigerator, Washer
- MLS#: P4938166
- Days on Market: 3 days
- Website: https://www.raveis.com
/prop/P4938166/5026nsocrumlooproad_lakeland_fl?source=qrflyer
Listing courtesy of HAVEN REALTY & INVESTMENTS Phone: 863-333-5053
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5026 N SOCRUM LOOP ROAD, Lakeland, FL, 33809
$410,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $328,000 | $328,000 | $328,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | $167 | $167 | $167 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,940 | $2,046 | $2,680 |
| Total Monthly Payment | $2,182 | $2,288 | $2,922 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388