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Sold for $435,000 on 01/23/25
  • $435,000

    722 Lake Martha Dr NE, Winter Haven, FL 33881

    4beds
    3,269sqft
    Single Family Residence
    Built in 1951
    0.6 Acres Lot
    $421,400 Zestimate®
    $133/sqft
    $2,520 Estimated rent

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    $2,831/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: January 24, 2025 at 03:33am

    Listing Provided by:

    Daniel Perez 813-412-9464,

    REAL BROKER, LLC 855-450-0442

    Bought with:

    Correy Smith, 3347183

    KELLER WILLIAMS SOUTH TAMPA

    Source: Stellar MLS,MLS#: T3500768MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 16x23
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 17x16
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 13x18
    Bedroom 4
    • Features: Built-in Closet
    • Level: First
    Dining room
    • Level: First
    • Dimensions: 14x9
    Foyer
    • Level: First
    • Dimensions: 5x8
    Kitchen
    • Features: Kitchen Island
    • Level: First
    • Dimensions: 14x11
    Laundry
    • Level: First
    • Dimensions: 13x6
    Living room
    • Level: First
    • Dimensions: 17x20
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator
    • Laundry: Common Area, Electric Dryer Hookup, Inside, Laundry Room
    Features
    • Built-in Features, Ceiling Fan(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, In-Law Floorplan
    • Flooring: Ceramic Tile, Luxury Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 3,469
    • Total interior livable area: 3,269 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Converted Garage, Driveway, Garage Door Opener, Garage Faces Side, Oversized, Parking Pad
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions: 35x20
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Front Porch, Patio
    • Exterior features: Balcony, Lighting, Other, Private Mailbox, Sidewalk, Storage
    • Fencing: Vinyl
    • Has view: Yes
    • View description: Trees/Woods, Water, Lake
    • Has water view: Yes
    • Water view: Water,Lake
    • Waterfront features: Lake, Waterfront, Lake Privileges
    • Body of water: LAKE MARTHA
    Lot
    • Size: 0.60 Acres
    • Dimensions: 100 x 256
    • Features: Corner Lot, Oversized Lot, Sidewalk
    Details
    • Additional structures: Storage
    • Additional parcels included: 26-28-21-573500-002010
    • Parcel number: 262821573500002010
    • Zoning: R-1C
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Foundation: Crawlspace, Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1951
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

    Community & neighborhood

    Community
    • Community features: Fishing, Lake, Public Boat Ramp, Water Access, Waterfront
    Location
    • Region: Winter Haven
    • Subdivision: MARTHA HEIGHTS

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Asphalt, Paved
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    Estimated market value
    $421,400