331 BAY STREET, Auburndale, FL, 33823 | $789,000

ASSUMABLE VA LOAN AVAILABLE AT AN INCREDIBLY LOW 2. 6% INTEREST RATE! Seller Concessions are available towards buyers closing costs (contingent upon offer price)
This is the waterfront lifestyle opportunity buyers have been waiting for. Nestled on a spacious 0. 59-acre waterfront lot in the heart of Auburndale, this beautifully updated pool home offers the perfect blend of luxury, recreation, and everyday comfort with direct water access, a private dock, screened pool, expansive outdoor entertaining areas, and over 5, 500 square feet of combined indoor and outdoor living space.
From the moment you arrive, you'll appreciate the extensive upgrades and pride of ownership throughout. Major improvements include new roofs (2022 & 2024), fully remodeled bathrooms (2023), new flooring (2023), updated plumbing, hurricane-rated garage door (2023), new front and side windows (2023), three mini-split AC systems (2023), new irrigation pump, and fresh interior and exterior paint. These significant updates provide peace of mind while allowing you to immediately enjoy the home without the expense and hassle of major renovations. Designed for entertaining and enjoying Florida's outdoor lifestyle, the property features a screened pool, large screened porch, waterfront deck, private dock, and breathtaking water views. Whether you're enjoying your morning coffee overlooking the water, spending weekends boating and fishing, hosting family gatherings poolside, or relaxing with friends at sunset, this property delivers the true Florida waterfront experience. Inside, you'll find nearly 3, 500 square feet of living space with generous room sizes, multiple gathering areas, a spacious primary suite, and flexible living spaces perfect for entertaining, working from home, or accommodating guests. The Florida room/game room provides additional space to enjoy the beautiful waterfront setting year-round. Conveniently located near Downtown Auburndale, Lake Ariana, local parks, restaurants, shopping, schools, medical facilities, golf courses, and just minutes from Interstate 4, you'll enjoy easy access to both Tampa and Orlando while still experiencing the charm and tranquility of waterfront living. In addition to being an exceptional primary residence or vacation retreat, this property offers outstanding short-term rental potential, making it an attractive opportunity for investors seeking income-producing waterfront property. Waterfront homes with a private dock, pool, extensive renovations, nearly 0. 60 acres of land, short-term rental flexibility, and an assumable 2. 6% VA loan are exceptionally rare. Don't miss this opportunity to own a move-in-ready waterfront retreat that offers an incredible lifestyle, significant recent upgrades, and one of the most attractive financing opportunities available in today's market.

Features

  • Rooms: 13
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside
  • Year Built: 1973
  • Garage: 2-car Circular Driveway, Driveway, Oversized
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,488
  • Acreage: 0.59
  • Est. Taxes: $7,447
  • Lot Desc: City Lot, Sidewalk
  • View: Water
  • Water Front: Yes
  • Elem. School: Auburndale Central Elem
  • Middle School: Stambaugh Middle
  • High School: Auburndale High School
  • Pool: Deck, Heated, In Ground, Screen Enclosure
  • Appliances: Dishwasher, Disposal, Ice Maker, Range, Range Hood, Refrigerator, Wine Refrigerator
  • MLS#: TB8516430
  • Days on Market: 27 days
  • Website: https://www.raveis.com
    /prop/TB8516430/331baystreet_auburndale_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 7/6/2026 4:17:10 PM)
Listing courtesy of DIVINE ESTATES REALTY LLC   Phone: 813-401-1851

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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:

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331 BAY STREET, Auburndale, FL, 33823

$789,000

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 $631,200 $631,200 $631,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.615% 5.866%
Monthly Tax Payment $621 $621 $621
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,780 $3,985 $5,199
Total Monthly Payment $4,493 $4,698 $5,912

* 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.