903 NE Catawba Ave, Lake City, FL 32055

Opportunity Knocks! Affordable Home in Lake City, FL – 903 NE Catawba Ave

Looking for an incredibly affordable entry into homeownership or a smart investment property? Look no further than 903 NE Catawba Ave in Lake City, FL! This charming single-family home, built in 1940, offers 3 bedrooms and 1 bathroom within a cozy 819 sqft footprint.

Priced at an astonishing $29,900, this property presents a rare chance to own a home at a fraction of the typical market price. Imagine your estimated refinance payment as low as $159/month – making homeownership more accessible than ever!

While this home, built in 1940, may benefit from some tender loving care and updates to truly shine, its incredible price point makes it an ideal canvas for a first-time buyer or an astute investor looking for a high-potential flip or rental. The Lake City market is currently a buyer’s market, with median sold prices up 14.6% year-over-year as of May 2025, showing positive growth for 3-bedroom homes in particular.