516 Lake Dexter Blvd · Cypress Gardens, FL 33884

$225,000

3 bd · 2.0 ba · 1,131 sqft · SingleFamily public records · 195 Days on market

Built 1986 3,999 sqft lot $31/mo HOA · 2% of rent

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +12.3/30.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• DSCR +3.6/10.0
• Schools +3.5/10.0
• 1% rule +3.3/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

REDUCED PRICE!! Great Buy! This is an adorable, well maintained home in a highly sought after SE Winter Haven community; located on the large, spring fed Lake Dexter with a private boat ramp for the residents. You can actually walk to Legoland from this home! There is also a fishing pier with a gazebo for the community. This park- like waterfront area includes a saltwater pool, multiple sun loungers, a playground and restrooms. The home is light and bright with new interior and exterior paint. There is fresh landscaping, light fixtures and door hardware. Other new items include an electric water heater, recently rescreened back patio, and best of all…a water softening system! Through the beautiful leaded glass front door you will find a split, yet open floor plan with a generous sized master bedroom and en-suite bath featuring a tile walk in shower. The second bedroom is beside the second bath with a tub/shower combo. Right off the kitchen, there is a den/office with French doors that could be closed to make a third bedroom. This home has upgraded light fixtures and beautiful luxury laminate flooring. The back screened patio is a private, serene oasis, perfect for relaxing with your morning coffee. You will be located close to multiple restaurants, shops, and various forms of entertainment. The Lakeland-Winter Haven area is home to several highly rated colleges and universities: Southeastern University, Polk State College, Florida Polytechnic University, and Florida Southern College which boasts a beautiful collection of Frank Lloyd Wright buildings. Winter Haven is located between Tampa and Orlando where the best attractions of Central Florida including Busch Gardens, MOSI Museum, Tampa Bay Buccaneers, Dinosaur World, Disney World complex, Sea World and so much more! The vacation capital of the world! And for a bonus, it is only a 1 to2 hour drive to either coast, East or west, to enjoy our famous beaches or attend a space launch at Cape Canaveral. Please note that all measurements are approximate and should be verified by the buyer or buyer’s agent. This home won’t last long!

Key facts

• Fishing dock
• Waterfront park
• Gazebo

Tags

• PRIVATE ACCESS TO BOAT RAMP
• SALTWATER COMMUNITY POOL
• WATERFRONT PARK
• FISHING DOCK
• GAZEBO
• PLAYGROUND

Property features AI

Finance

• Other: Homestead exempt; Total building area listed as 1,446 sq ft; living area listed as 1,131 sq ft
• Financial info: No lease restrictions indicated
• HOA & community: Monthly HOA fee of $31 (association required; buyer to verify); Pets allowed

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer; Broadband/high-speed internet available; Cable available; Electricity connected; Water connected
• Home design: Single family residence; One story; Faces west; Residential property
• Construction: Stucco construction; Shingle roof; Slab foundation; Built on lot approximately 0.09 acres (40 x 100)
• Exterior features: Other exterior features; Asphalt road frontage

Interior

• Kitchen: Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Ceramic tile; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Other interior features
• Laundry & utility: Laundry in garage

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $-41 ($-496/yr) — negative.
• To cash-flow at today's rent, offer at most $218k (3.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $187k (16.9% below list).
• Recommended offer: $187k (16.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 80/100 on livability (#110 in FL, #1,693 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools F, commute F.
• Polk (suburban): math 39% / reading 43% proficiency, ranked #62 of 73 in FL (top 85%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.9%/yr); 680 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 10,384 units permitted in Polk County in 2024 (1,716 in 5+ unit buildings).
• This rent runs 32% of the median local income ($70k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Polk County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 195 days — a 12% lower offer ($198k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 22y ago; this cycle's ask has dropped $34k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $186,957 (16.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 195 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.83% ✗
• Cap rate: 6.07%
• Cash-on-cash: -0.79%
• DSCR: 0.96
• GRM: 10.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.9% rent growth · sell at horizon

5-year hold

• IRR: -18.8%
• Equity multiple: 0.35×
• Total profit: $-41,135
• Equity at exit: $33,548

10-year hold

• IRR: -13.6%
• Equity multiple: 0.25×
• Total profit: $-47,403
• Equity at exit: $19,454

Cash invested: $63,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33884

• Home prices YoY: -34.1%
• Rents YoY: 1.9%
• Active inventory: 680
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $1,870 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$214 /mo · $2,564/yr
• Insurance: −$94
• HOA: −$31
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $-41

Break-even live

Break-even rent $1,922

Max offer price $217,694

Occupancy floor 97%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5850 Cypress Gardens Blvd #806 Winter Haven, FL	3.0	2.5	1356	$1,800	$1.33	3d	1	0.29mi
5850 Cypress Gardens Blvd Winter Haven, FL	2.0–3.0	1.5–2.5	1308	$1,800	$1.38	14d	2	0.29mi
121 Longfellow Rd Winter Haven, FL	3.0	2.0	1395	$1,745	$1.25	3d	1	0.31mi
3601 Cypress Gardens Rd Unit 6 Winter Haven, FL	2.0	2.0	1200	$1,200	$1.00	23d	1	0.54mi
1015 Mahaffey Rd Winter Haven, FL	1.0–3.0	1.0–3.0	1106	$1,948	$1.76	23d	1	0.66mi
206 Kingshill Ct SE Winter Haven, FL	3.0	2.0	1460	$1,800	$1.23	3d	1	0.69mi
408 Lake Ned Rd Winter Haven, FL	3.0	2.0	1470	$2,100	$1.43	23d	1	0.85mi
4025 Lake Ned Village Cir Winter Haven, FL	1.0–3.0	1.0–2.0	1025	$1,800	$1.76	3d	8	0.85mi
630 Pavare Ct #630 Winter Haven, FL	2.0	2.0	823	$1,250	$1.52	23d	1	0.97mi
1100 Martinique Dr Winter Haven, FL	2.0	1.0	826	$1,299	$1.57	23d	1	1.00mi
123 Tremont Dr Winter Haven, FL	4.0	3.0	1260	$2,350	$1.87	23d	1	1.07mi
415 Laurel Cove Way Winter Haven, FL	2.0	2.0	1230	$1,725	$1.40	3d	1	1.16mi
715 Magnolia Pl Unit 715 Winter Haven, FL	2.0	2.0	1078	$1,650	$1.53	23d	1	1.26mi
3110 Gowan Dr Winter Haven, FL	1.0–2.0	1.0–2.0	1007	$1,841	$1.83	14d	24	1.34mi
1902 Garden Lake Dr Winter Haven, FL	2.0	2.0	828	$1,625	$1.96	23d	1	1.39mi

HOA detail

• Monthly dues: $31 · $372/yr
• Likely covers: waterelectriclandscapingpool

Listing history 26 events

1. 2026-05-16
   price $225,000
2. 2026-04-29
   price $230,000
3. 2026-03-21
   price $235,000
4. 2026-02-18
   price $240,000
5. 2026-01-06
   price $254,000
6. 2025-11-15
   listed $259,000 Active
7. 2024-04-19
   soldstatus $232,000
8. 2024-04-17
   soldstatus $232,000 Closed 2133-char remark

   Show marketing remark (2133 chars)

   REDUCED PRICE!! Great Buy! This is an adorable, well maintained home in a highly sought after SE Winter Haven community; located on the large, spring fed Lake Dexter with a private boat ramp for the residents. You can actually walk to Legoland from this home! There is also a fishing pier with a gazebo for the community. This park- like waterfront area includes a saltwater pool, multiple sun loungers, a playground and restrooms. The home is light and bright with new interior and exterior paint. There is fresh landscaping, light fixtures and door hardware. Other new items include an electric water heater, recently rescreened back patio, and best of all…a water softening system! Through the beautiful leaded glass front door you will find a split, yet open floor plan with a generous sized master bedroom and en-suite bath featuring a tile walk in shower. The second bedroom is beside the second bath with a tub/shower combo. Right off the kitchen, there is a den/office with French doors that could be closed to make a third bedroom. This home has upgraded light fixtures and beautiful luxury laminate flooring. The back screened patio is a private, serene oasis, perfect for relaxing with your morning coffee. You will be located close to multiple restaurants, shops, and various forms of entertainment. The Lakeland-Winter Haven area is home to several highly rated colleges and universities: Southeastern University, Polk State College, Florida Polytechnic University, and Florida Southern College which boasts a beautiful collection of Frank Lloyd Wright buildings. Winter Haven is located between Tampa and Orlando where the best attractions of Central Florida including Busch Gardens, MOSI Museum, Tampa Bay Buccaneers, Dinosaur World, Disney World complex, Sea World and so much more! The vacation capital of the world! And for a bonus, it is only a 1 to2 hour drive to either coast, East or west, to enjoy our famous beaches or attend a space launch at Cape Canaveral. Please note that all measurements are approximate and should be verified by the buyer or buyer’s agent. This home won’t last long!

9. 2024-03-08
   status Pending 2133-char remark

   Show marketing remark (2133 chars)

   REDUCED PRICE!! Great Buy! This is an adorable, well maintained home in a highly sought after SE Winter Haven community; located on the large, spring fed Lake Dexter with a private boat ramp for the residents. You can actually walk to Legoland from this home! There is also a fishing pier with a gazebo for the community. This park- like waterfront area includes a saltwater pool, multiple sun loungers, a playground and restrooms. The home is light and bright with new interior and exterior paint. There is fresh landscaping, light fixtures and door hardware. Other new items include an electric water heater, recently rescreened back patio, and best of all…a water softening system! Through the beautiful leaded glass front door you will find a split, yet open floor plan with a generous sized master bedroom and en-suite bath featuring a tile walk in shower. The second bedroom is beside the second bath with a tub/shower combo. Right off the kitchen, there is a den/office with French doors that could be closed to make a third bedroom. This home has upgraded light fixtures and beautiful luxury laminate flooring. The back screened patio is a private, serene oasis, perfect for relaxing with your morning coffee. You will be located close to multiple restaurants, shops, and various forms of entertainment. The Lakeland-Winter Haven area is home to several highly rated colleges and universities: Southeastern University, Polk State College, Florida Polytechnic University, and Florida Southern College which boasts a beautiful collection of Frank Lloyd Wright buildings. Winter Haven is located between Tampa and Orlando where the best attractions of Central Florida including Busch Gardens, MOSI Museum, Tampa Bay Buccaneers, Dinosaur World, Disney World complex, Sea World and so much more! The vacation capital of the world! And for a bonus, it is only a 1 to2 hour drive to either coast, East or west, to enjoy our famous beaches or attend a space launch at Cape Canaveral. Please note that all measurements are approximate and should be verified by the buyer or buyer’s agent. This home won’t last long!

10. 2024-02-16
    price $235,000 2133-char remark

    Show marketing remark (2133 chars)

    REDUCED PRICE!! Great Buy! This is an adorable, well maintained home in a highly sought after SE Winter Haven community; located on the large, spring fed Lake Dexter with a private boat ramp for the residents. You can actually walk to Legoland from this home! There is also a fishing pier with a gazebo for the community. This park- like waterfront area includes a saltwater pool, multiple sun loungers, a playground and restrooms. The home is light and bright with new interior and exterior paint. There is fresh landscaping, light fixtures and door hardware. Other new items include an electric water heater, recently rescreened back patio, and best of all…a water softening system! Through the beautiful leaded glass front door you will find a split, yet open floor plan with a generous sized master bedroom and en-suite bath featuring a tile walk in shower. The second bedroom is beside the second bath with a tub/shower combo. Right off the kitchen, there is a den/office with French doors that could be closed to make a third bedroom. This home has upgraded light fixtures and beautiful luxury laminate flooring. The back screened patio is a private, serene oasis, perfect for relaxing with your morning coffee. You will be located close to multiple restaurants, shops, and various forms of entertainment. The Lakeland-Winter Haven area is home to several highly rated colleges and universities: Southeastern University, Polk State College, Florida Polytechnic University, and Florida Southern College which boasts a beautiful collection of Frank Lloyd Wright buildings. Winter Haven is located between Tampa and Orlando where the best attractions of Central Florida including Busch Gardens, MOSI Museum, Tampa Bay Buccaneers, Dinosaur World, Disney World complex, Sea World and so much more! The vacation capital of the world! And for a bonus, it is only a 1 to2 hour drive to either coast, East or west, to enjoy our famous beaches or attend a space launch at Cape Canaveral. Please note that all measurements are approximate and should be verified by the buyer or buyer’s agent. This home won’t last long!

11. 2024-02-02
    price $239,900 2133-char remark

    Show marketing remark (2133 chars)

    REDUCED PRICE!! Great Buy! This is an adorable, well maintained home in a highly sought after SE Winter Haven community; located on the large, spring fed Lake Dexter with a private boat ramp for the residents. You can actually walk to Legoland from this home! There is also a fishing pier with a gazebo for the community. This park- like waterfront area includes a saltwater pool, multiple sun loungers, a playground and restrooms. The home is light and bright with new interior and exterior paint. There is fresh landscaping, light fixtures and door hardware. Other new items include an electric water heater, recently rescreened back patio, and best of all…a water softening system! Through the beautiful leaded glass front door you will find a split, yet open floor plan with a generous sized master bedroom and en-suite bath featuring a tile walk in shower. The second bedroom is beside the second bath with a tub/shower combo. Right off the kitchen, there is a den/office with French doors that could be closed to make a third bedroom. This home has upgraded light fixtures and beautiful luxury laminate flooring. The back screened patio is a private, serene oasis, perfect for relaxing with your morning coffee. You will be located close to multiple restaurants, shops, and various forms of entertainment. The Lakeland-Winter Haven area is home to several highly rated colleges and universities: Southeastern University, Polk State College, Florida Polytechnic University, and Florida Southern College which boasts a beautiful collection of Frank Lloyd Wright buildings. Winter Haven is located between Tampa and Orlando where the best attractions of Central Florida including Busch Gardens, MOSI Museum, Tampa Bay Buccaneers, Dinosaur World, Disney World complex, Sea World and so much more! The vacation capital of the world! And for a bonus, it is only a 1 to2 hour drive to either coast, East or west, to enjoy our famous beaches or attend a space launch at Cape Canaveral. Please note that all measurements are approximate and should be verified by the buyer or buyer’s agent. This home won’t last long!

12. 2024-01-09
    price $244,900 2133-char remark

    Show marketing remark (2133 chars)

    REDUCED PRICE!! Great Buy! This is an adorable, well maintained home in a highly sought after SE Winter Haven community; located on the large, spring fed Lake Dexter with a private boat ramp for the residents. You can actually walk to Legoland from this home! There is also a fishing pier with a gazebo for the community. This park- like waterfront area includes a saltwater pool, multiple sun loungers, a playground and restrooms. The home is light and bright with new interior and exterior paint. There is fresh landscaping, light fixtures and door hardware. Other new items include an electric water heater, recently rescreened back patio, and best of all…a water softening system! Through the beautiful leaded glass front door you will find a split, yet open floor plan with a generous sized master bedroom and en-suite bath featuring a tile walk in shower. The second bedroom is beside the second bath with a tub/shower combo. Right off the kitchen, there is a den/office with French doors that could be closed to make a third bedroom. This home has upgraded light fixtures and beautiful luxury laminate flooring. The back screened patio is a private, serene oasis, perfect for relaxing with your morning coffee. You will be located close to multiple restaurants, shops, and various forms of entertainment. The Lakeland-Winter Haven area is home to several highly rated colleges and universities: Southeastern University, Polk State College, Florida Polytechnic University, and Florida Southern College which boasts a beautiful collection of Frank Lloyd Wright buildings. Winter Haven is located between Tampa and Orlando where the best attractions of Central Florida including Busch Gardens, MOSI Museum, Tampa Bay Buccaneers, Dinosaur World, Disney World complex, Sea World and so much more! The vacation capital of the world! And for a bonus, it is only a 1 to2 hour drive to either coast, East or west, to enjoy our famous beaches or attend a space launch at Cape Canaveral. Please note that all measurements are approximate and should be verified by the buyer or buyer’s agent. This home won’t last long!

13. 2023-10-28
    price $249,900 2133-char remark

    Show marketing remark (2133 chars)

    REDUCED PRICE!! Great Buy! This is an adorable, well maintained home in a highly sought after SE Winter Haven community; located on the large, spring fed Lake Dexter with a private boat ramp for the residents. You can actually walk to Legoland from this home! There is also a fishing pier with a gazebo for the community. This park- like waterfront area includes a saltwater pool, multiple sun loungers, a playground and restrooms. The home is light and bright with new interior and exterior paint. There is fresh landscaping, light fixtures and door hardware. Other new items include an electric water heater, recently rescreened back patio, and best of all…a water softening system! Through the beautiful leaded glass front door you will find a split, yet open floor plan with a generous sized master bedroom and en-suite bath featuring a tile walk in shower. The second bedroom is beside the second bath with a tub/shower combo. Right off the kitchen, there is a den/office with French doors that could be closed to make a third bedroom. This home has upgraded light fixtures and beautiful luxury laminate flooring. The back screened patio is a private, serene oasis, perfect for relaxing with your morning coffee. You will be located close to multiple restaurants, shops, and various forms of entertainment. The Lakeland-Winter Haven area is home to several highly rated colleges and universities: Southeastern University, Polk State College, Florida Polytechnic University, and Florida Southern College which boasts a beautiful collection of Frank Lloyd Wright buildings. Winter Haven is located between Tampa and Orlando where the best attractions of Central Florida including Busch Gardens, MOSI Museum, Tampa Bay Buccaneers, Dinosaur World, Disney World complex, Sea World and so much more! The vacation capital of the world! And for a bonus, it is only a 1 to2 hour drive to either coast, East or west, to enjoy our famous beaches or attend a space launch at Cape Canaveral. Please note that all measurements are approximate and should be verified by the buyer or buyer’s agent. This home won’t last long!

14. 2023-10-09
    listed $259,900 Active 2133-char remark

    Show marketing remark (2133 chars)

    REDUCED PRICE!! Great Buy! This is an adorable, well maintained home in a highly sought after SE Winter Haven community; located on the large, spring fed Lake Dexter with a private boat ramp for the residents. You can actually walk to Legoland from this home! There is also a fishing pier with a gazebo for the community. This park- like waterfront area includes a saltwater pool, multiple sun loungers, a playground and restrooms. The home is light and bright with new interior and exterior paint. There is fresh landscaping, light fixtures and door hardware. Other new items include an electric water heater, recently rescreened back patio, and best of all…a water softening system! Through the beautiful leaded glass front door you will find a split, yet open floor plan with a generous sized master bedroom and en-suite bath featuring a tile walk in shower. The second bedroom is beside the second bath with a tub/shower combo. Right off the kitchen, there is a den/office with French doors that could be closed to make a third bedroom. This home has upgraded light fixtures and beautiful luxury laminate flooring. The back screened patio is a private, serene oasis, perfect for relaxing with your morning coffee. You will be located close to multiple restaurants, shops, and various forms of entertainment. The Lakeland-Winter Haven area is home to several highly rated colleges and universities: Southeastern University, Polk State College, Florida Polytechnic University, and Florida Southern College which boasts a beautiful collection of Frank Lloyd Wright buildings. Winter Haven is located between Tampa and Orlando where the best attractions of Central Florida including Busch Gardens, MOSI Museum, Tampa Bay Buccaneers, Dinosaur World, Disney World complex, Sea World and so much more! The vacation capital of the world! And for a bonus, it is only a 1 to2 hour drive to either coast, East or west, to enjoy our famous beaches or attend a space launch at Cape Canaveral. Please note that all measurements are approximate and should be verified by the buyer or buyer’s agent. This home won’t last long!

15. 2017-04-21
    soldstatus $113,900
16. 2017-04-14
    soldstatus $113,850 Sold 1295-char remark

    Show marketing remark (1295 chars)

    SUPER CUTE 2 BR, 2 bath home with access to LAKE DEXTER. Nestled in Lake Dexter Woods, this charming home invites you in through a lovely leaded glass front door into a large living room and welcomes you with gorgeous wide plank WOOD laminate FLOORS throughout. It's a SPLIT BEDROOM plan - the master BR has a double reach-in closet and its own bathroom; 2nd BR is a good size and a 3rd BR could easily be added by converting the family room. The light & bright kitchen opens to the dining room / family room combination and also has French doors that lead to a 10 x 15 covered, SCREENED PATIO with a view of the tranquil, FENCED YARD. Interior has recently been painted, and there are ceiling fans in every room. A/C was replaced in 2013, ROOF was replaced in 2014. Lake Dexter Woods has a beautiful COMMUNITY POOL with a playground, chaise lounges & picnic tables, restrooms, and an amazing view of spring fed Lake Dexter. You can also fish from your COVERED DOCK or utilize your PRIVATE BOAT RAMP. Legoland is minutes away, as well as all the shopping and dining you can imagine. And many of the famous theme parks are just over 30 miles away. This house is perfect for you or as an investment opportunity. Low HOA fees. Easy to show! Please call for your private viewing today!

17. 2017-03-17
    status Pending 1295-char remark

    Show marketing remark (1295 chars)

    SUPER CUTE 2 BR, 2 bath home with access to LAKE DEXTER. Nestled in Lake Dexter Woods, this charming home invites you in through a lovely leaded glass front door into a large living room and welcomes you with gorgeous wide plank WOOD laminate FLOORS throughout. It's a SPLIT BEDROOM plan - the master BR has a double reach-in closet and its own bathroom; 2nd BR is a good size and a 3rd BR could easily be added by converting the family room. The light & bright kitchen opens to the dining room / family room combination and also has French doors that lead to a 10 x 15 covered, SCREENED PATIO with a view of the tranquil, FENCED YARD. Interior has recently been painted, and there are ceiling fans in every room. A/C was replaced in 2013, ROOF was replaced in 2014. Lake Dexter Woods has a beautiful COMMUNITY POOL with a playground, chaise lounges & picnic tables, restrooms, and an amazing view of spring fed Lake Dexter. You can also fish from your COVERED DOCK or utilize your PRIVATE BOAT RAMP. Legoland is minutes away, as well as all the shopping and dining you can imagine. And many of the famous theme parks are just over 30 miles away. This house is perfect for you or as an investment opportunity. Low HOA fees. Easy to show! Please call for your private viewing today!

18. 2017-03-10
    status Active 1295-char remark

    Show marketing remark (1295 chars)

    SUPER CUTE 2 BR, 2 bath home with access to LAKE DEXTER. Nestled in Lake Dexter Woods, this charming home invites you in through a lovely leaded glass front door into a large living room and welcomes you with gorgeous wide plank WOOD laminate FLOORS throughout. It's a SPLIT BEDROOM plan - the master BR has a double reach-in closet and its own bathroom; 2nd BR is a good size and a 3rd BR could easily be added by converting the family room. The light & bright kitchen opens to the dining room / family room combination and also has French doors that lead to a 10 x 15 covered, SCREENED PATIO with a view of the tranquil, FENCED YARD. Interior has recently been painted, and there are ceiling fans in every room. A/C was replaced in 2013, ROOF was replaced in 2014. Lake Dexter Woods has a beautiful COMMUNITY POOL with a playground, chaise lounges & picnic tables, restrooms, and an amazing view of spring fed Lake Dexter. You can also fish from your COVERED DOCK or utilize your PRIVATE BOAT RAMP. Legoland is minutes away, as well as all the shopping and dining you can imagine. And many of the famous theme parks are just over 30 miles away. This house is perfect for you or as an investment opportunity. Low HOA fees. Easy to show! Please call for your private viewing today!

19. 2017-03-04
    status Pending 1295-char remark

    Show marketing remark (1295 chars)

    SUPER CUTE 2 BR, 2 bath home with access to LAKE DEXTER. Nestled in Lake Dexter Woods, this charming home invites you in through a lovely leaded glass front door into a large living room and welcomes you with gorgeous wide plank WOOD laminate FLOORS throughout. It's a SPLIT BEDROOM plan - the master BR has a double reach-in closet and its own bathroom; 2nd BR is a good size and a 3rd BR could easily be added by converting the family room. The light & bright kitchen opens to the dining room / family room combination and also has French doors that lead to a 10 x 15 covered, SCREENED PATIO with a view of the tranquil, FENCED YARD. Interior has recently been painted, and there are ceiling fans in every room. A/C was replaced in 2013, ROOF was replaced in 2014. Lake Dexter Woods has a beautiful COMMUNITY POOL with a playground, chaise lounges & picnic tables, restrooms, and an amazing view of spring fed Lake Dexter. You can also fish from your COVERED DOCK or utilize your PRIVATE BOAT RAMP. Legoland is minutes away, as well as all the shopping and dining you can imagine. And many of the famous theme parks are just over 30 miles away. This house is perfect for you or as an investment opportunity. Low HOA fees. Easy to show! Please call for your private viewing today!

20. 2017-03-01
    listed $110,000 Active 1295-char remark

    Show marketing remark (1295 chars)

    SUPER CUTE 2 BR, 2 bath home with access to LAKE DEXTER. Nestled in Lake Dexter Woods, this charming home invites you in through a lovely leaded glass front door into a large living room and welcomes you with gorgeous wide plank WOOD laminate FLOORS throughout. It's a SPLIT BEDROOM plan - the master BR has a double reach-in closet and its own bathroom; 2nd BR is a good size and a 3rd BR could easily be added by converting the family room. The light & bright kitchen opens to the dining room / family room combination and also has French doors that lead to a 10 x 15 covered, SCREENED PATIO with a view of the tranquil, FENCED YARD. Interior has recently been painted, and there are ceiling fans in every room. A/C was replaced in 2013, ROOF was replaced in 2014. Lake Dexter Woods has a beautiful COMMUNITY POOL with a playground, chaise lounges & picnic tables, restrooms, and an amazing view of spring fed Lake Dexter. You can also fish from your COVERED DOCK or utilize your PRIVATE BOAT RAMP. Legoland is minutes away, as well as all the shopping and dining you can imagine. And many of the famous theme parks are just over 30 miles away. This house is perfect for you or as an investment opportunity. Low HOA fees. Easy to show! Please call for your private viewing today!

21. 2009-12-09
    soldstatus $112,000
22. 2008-04-10
    listed $133,900
23. 2005-01-07
    soldstatus $94,000
24. 2004-12-30
    soldstatus $94,000
25. 2004-12-01
    listed $94,500
26. 1994-05-25
    soldstatus $65,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $2,564 · $214/mo
• Projected year-2 tax: $2,564 · $214/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 24 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,435
• − Mortgage interest: −$12,603
• − Property taxes: −$2,564
• − Insurance: −$1,125
• − Repairs & maintenance: −$1,795
• − Management: −$1,795
• − HOA: −$372
• − Depreciation: −$6,545
• Taxable loss: −$4,364
• Est. tax savings @ 24.0%: +$1,047
• After-tax cash flow: $551/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Polk
• NCES district ID: 1201590
• Math proficiency: 39% ▼ -11.00%
• Reading proficiency: 43% ▼ -4.00%
• Median HH income: $43,979
• Composite: 34.74/100
• National rank: #5132
• State rank: #62 of 73 in FL

Livability — Cypress Gardens

• Score: 80/100
• State rank: #110
• US rank: #1693

Category grades

Amenities B+ Commute F Cost of living A+ Crime B+ Employment A- Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Polk County · 740,051 people
• City population: 121,740
• Metro: Lakeland-Winter Haven, FL
• Population (ZIP): 37,561
• Household income: $70,443
• Rent vs Own: 25.7% rent · 74.3% own
• Severe rent burden: 949.0

Population outlook (Polk County) Hauer SSP2

• Today (2025): 752,975 people
• By 2030: 804,621 · +6.9%
• By 2040: 906,117 · +20.3%
• By 2050: 1,000,476 · +32.9%
• By 2075: 1,197,520 · +59.0%
• By 2100: 1,271,518 · +68.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: White 63% Hispanic / Latino 19% Black 14% Two or more races 7% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 10% Cuban 2%
• Common ancestry: Romanian 2% Lithuanian 2% Hispanic 2%
• Foreign-born: 7% · Canada, Jamaica
• Languages at home: 84% English-only · Spanish 12% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · Polk

• 2024 margin: Strong R (+20.7) · D 39.2% · R 59.9%
• 2008→2024 swing: -14.6pp toward R · 2008: -6.1pp · 2024: -20.7pp
• All cycles: 2024: R+20.7 2020: R+14.4 2016: R+14.1 2012: R+6.8 2008: R+6.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -134.69%
• Current HPI: 260.1421
• Rent YoY: ▲ 1.90%
• Metro: Lakeland-Winter Haven, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+246.2% since first listed

26 events — show timeline

• 2026-05-16 Price Changed $225,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-29 Price Changed $230,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-21 Price Changed $235,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-18 Price Changed $240,000 Stellar MLS as Distributed by MLS Grid
• 2026-01-06 Price Changed $254,000 Stellar MLS as Distributed by MLS Grid
• 2025-11-15 Listed $259,000 Stellar MLS as Distributed by MLS Grid
• 2024-04-19 Sold (Public Records) $232,000 Public Records
• 2024-04-17 Sold (MLS) $232,000 Stellar MLS as Distributed by MLS Grid
• 2024-03-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2024-02-16 Price Changed $235,000 Stellar MLS as Distributed by MLS Grid
• 2024-02-02 Price Changed $239,900 Stellar MLS as Distributed by MLS Grid
• 2024-01-09 Price Changed $244,900 Stellar MLS as Distributed by MLS Grid
• 2023-10-28 Price Changed $249,900 Stellar MLS as Distributed by MLS Grid
• 2023-10-09 Listed $259,900 Stellar MLS as Distributed by MLS Grid
• 2017-04-21 Sold (Public Records) $113,900 Public Records
• 2017-04-14 Sold (MLS) $113,850 Stellar MLS as Distributed by MLS Grid
• 2017-03-17 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-03-10 Relisted — Stellar MLS as Distributed by MLS Grid
• 2017-03-04 Pending — Stellar MLS as Distributed by MLS Grid
• 2017-03-01 Listed $110,000 Stellar MLS as Distributed by MLS Grid
• 2009-12-09 Sold (Public Records) $112,000 Public Records
• 2008-04-10 Listed $133,900 Stellar MLS as Distributed by MLS Grid
• 2005-01-07 Sold (Public Records) $94,000 Public Records
• 2004-12-30 Sold (MLS) $94,000 Stellar MLS as Distributed by MLS Grid
• 2004-12-01 Listed $94,500 Stellar MLS as Distributed by MLS Grid
• 1994-05-25 Sold (Public Records) $65,000 Public Records

Property tax history

+10.4%/yr

Latest (2025): $2,564 · -18.3% YoY. Source: county tax records.