505 NW 1st Ave, Mulberry, FL 33860

Unlock Value! Spacious 2-Bedroom Home on a Large Lot in Mulberry for Just $104,000!

Discover an incredible opportunity at 505 NW 1st Ave, Mulberry, FL 33860! This charming 2-bedroom, 1-bathroom single-family home, built in 1930, offers 1,089 sqft of comfortable living space on a generous 5,140 sqft lot. Priced at an astonishing $104,000, this property is a fantastic find, especially when compared to the median sold price for homes in the 33860 zip code, which was $339,200 in May 2025!

Mulberry’s real estate market is generally “quiet and quaint,” appealing to those who desire proximity to larger cities like Lakeland, Tampa, and Orlando without the hustle and bustle. While the overall market has seen slight declines in listing prices year-over-year, properties generally sell after 73 days on the market, indicating a steady pace. This specific property’s price offers significant upside potential, allowing you to build equity.

This classic home features tile and linoleum/vinyl flooring and a durable frame construction with a shingle roof. While it may require some updates to personalize, its solid bones and incredible price point provide a blank canvas for your vision. The generous lot offers ample outdoor space for gardening, entertaining, or even future expansion. With public water and sewer, and no HOA or CDD fees, this property offers both convenience and financial freedom.

Located in Polk County, Mulberry boasts numerous city parks, including Centennial Park with its butterfly garden, and Loyce E. Harpe Park known for mountain biking and athletic fields. The community is working to add new amenities, including a recently opened food hall, Depot 303. Assigned public schools include Purcell Elementary, Mulberry Middle, and Mulberry Senior High, all within a mile. Don’t miss this rare chance to own a home at an exceptional price in a growing Central Florida city!

Asking Price: $104,000