107 ALACHUA DRIVE
About This Property
Back on Market – Through No Fault of the Home!
After being under contract for an extended period, the buyer chose not to proceed with the purchase. The home passed inspection with flying colors, comes with a clean inspection report, current survey, and recent appraisal-making this an easy, move-forward-with-confidence purchase for the next buyer!
Welcome to this inviting 3-bedroom, 2-bath home, featuring a custom stucco finish designed to replicate the classic look of lap siding. Situated on a spacious corner lot in a desirable, established Winter Haven neighborhood with no HOA you'll have the freedom to live how you want!
Bring your boats, RVs, and toys Lake Roy boat ramp is right across the street, offering easy access to the entire Chain of Lakes. You're also just 5 minutes from shopping, restaurants, and the world-famous LEGOLAND® Florida!
Property Highlights:
2024 water heater
Metal roof for long-term durability
AC is 15 years old, well-maintained and working great
Oversized corner lot with plenty of parking
Classic custom stucco finish with lap-siding look
No HOA restrictions
Prime location near shopping, dining & entertainment
This is the perfect home for lake lovers, families, snowbirds, or anyone looking for space, freedom, and convenience!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Aug 16, 2025 | Relisted | $290,000 | |
| Relisted | |||
| Jul 11, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Listed by ELEVE REAL ESTATE LLC | $290,000 | |
| Listed by ELEVE REAL ESTATE LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017