$ 435,000 $ 475,000 8.4%

722 LAKE MARTHA DR NE

Winter Haven, FL 33881

  • 4 Beds
  • 3 Baths
    Full Baths: 3
  • 3,269 SqFt
  • 0.69 Lot Size
  • 1951 Year Built
Absolutely stunning and completely remodeled, this 4-bedroom, 3-bathroom lakefront property with a Mother-In-Law Suite in Winter Haven, FL, is the epitome of luxury living. Set on a sprawling .69-acre double lot with awe-inspiring views of the lake, this home seamlessly combines elegance with functionality, offering a lifestyle of unparalleled sophistication. Home is nestled in a corner double lot with a beautiful lake view that will never change because the home includes the additional lot across the street that goes into Lake Martha.

Upon entering, you're welcomed by a sense of sophistication, with new flooring that graces the entire home. Meticulously updated with fresh paint, the interior exudes a welcoming and contemporary atmosphere, flooded with natural light that accentuates the bright and airy ambiance. This home has been completely renovated from top to bottom and features a new roof, new A/C system, new kitchen, new EVERYTHING!

The heart of this home lies in its state-of-the-art kitchen, featuring brand-new stainless steel top of the line LG appliances, beautiful quartz countertops and new modern 42" cabinets with plenty of counter space and convenient center island with a quartz waterfall. Whether you're an aspiring chef or a seasoned culinary enthusiast, this kitchen is designed to inspire. The adjacent dining area opens up to panoramic lake views, providing a stunning backdrop for your meals.

The spacious sized bedrooms are two or three times the size of new home bedrooms and boast ample closet space, and the bathrooms have undergone complete renovations, showcasing modern fixtures and finishes. The master suite serves as a private oasis, offering tranquility and breathtaking views of the lake.

Beyond being a dream home, this property presents an exceptional investment opportunity. The 1-bedroom, 1-bathroom mother-in-law suite, complete with 868 sqft and its own driveway, is a potential income-generating gem, with estimated monthly earnings of around $1500-$1750 a month for a long-term tenant or AIRBNB the Mother-in-Law Suite for a potential revenue of $2000-$4000 a month as a short-term rental. Fully equipped and beautifully designed, the suite is sure to attract tenants seeking both comfort and style.

The exterior has been revitalized with a new roof, fresh paint, new outside tile, new windows, new shutters, a big palm tree and lush green grass, creating impressive curb appeal. The expansive front yard extends across the street to the lake, offering a serene retreat for outdoor activities or simple relaxation. Imagine enjoying breathtaking sunsets or hosting unforgettable gatherings with friends and family in this picturesque setting. Build a dock and bring your boat or jet-skis and enjoy the lakefront living amenities and fun activities. Build a deck in your lot across the street and enjoy your private fishing oasis or the beautiful sunsets of Lake Martha. The possibilities are endless with this amazing renovated lakefront home with the income generating potential of the Mother-in-Law suite and the extra lot included with this home.

Conveniently situated near restaurants, shopping centers and renowned recreational parks such as Legoland, Peppa Pig Park, Universal Studios, Disney World, Sea World and Animal Kingdom, this property strikes the perfect balance between tranquility and accessibility.

Seize the opportunity to make this beautiful lakefront property your new home or investment venture.
Listed by REAL BROKER, LLC , Sold By KELLER WILLIAMS SOUTH TAMPA

PROPERTY DETAIL

  • Key Details

    Sold Price $435,0008.4%

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 3, 269 sqft

    Price per Sqft $133

    Subdivision Martha Heights

    MLS Listing ID T3500768

    Sold Date 01/23/25

    Bedrooms 4

    Full Baths 3

    HOA Y/N No

    Year Built 1951

    Annual Tax Amount $4,286

    Lot Size 0.690 Acres

    Acres 0.69

    Lot Dimensions 100x256

    Property Sub-Type Single Family Residence

    Source Stellar MLS

  • Location

    State FL

    County Polk

    Community Martha Heights

    Area 33881 - Winter Haven / Florence Villa

    Zoning R-1C

    Direction NE

  • Rooms

    Other Rooms Family Room, Great Room, Inside Utility, Interior In-Law Suite w/Private Entry

  • Building

    Lot Description Corner Lot, Oversized Lot, Sidewalk

    Story 1

    Entry Level One

    Foundation Crawlspace, Slab

    Lot Size Range 1/2 to less than 1

    Sewer Public Sewer

    Water Public

    Architectural Style Ranch

    Structure Type Block

    New Construction false

  • Interior

    Interior Features Built-in Features, Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat

    Heating Central

    Cooling Central Air

    Flooring Ceramic Tile, Luxury Vinyl

    Furnishings Unfurnished

    Fireplace false

    Appliance Cooktop, Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator

    Laundry Common Area, Electric Dryer Hookup, Inside, Laundry Room

  • Exterior

    Exterior Feature Balcony, Lighting, Other, Private Mailbox, Sidewalk, Storage

    Parking Features Converted Garage, Driveway, Garage Door Opener, Garage Faces Side, Oversized, Parking Pad

    Garage Spaces 2.0

    Fence Vinyl

    Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

    Waterfront Description Lake

    View Y/N 1

    Water Access 1

    Water Access Desc Lake

    View Trees/Woods, Water

    Roof Type Shingle

    Porch Front Porch, Patio

    Attached Garage true

    Garage true

    Private Pool No

  • Schools

    Elementary Schools Fred G. Garnier Elem

    Middle Schools Denison Middle

    High Schools Winter Haven Senior

  • Others

    Pets Allowed Yes

    Senior Community No

    Ownership Fee Simple

    Acceptable Financing Cash, Conventional, VA Loan

    Membership Fee Required None

    Listing Terms Cash, Conventional, VA Loan

    Special Listing Condition None

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