tomo logo

$850,000

Beds
3
Baths
1.0
sq ft
1,376

2020 State Road 37 S, Mulberry, FL 33860

2020 State Road 37 S

MULBERRY, FL 33860

  • 5 days on market
Imagine what you could do with this property!! Zoned BPC1 (Business Park Center) with over 335 feet of frontage property along SR-37S. Business, Horses, Livestock, Hobby Farm, Apiarist, Orchard, Event Venue, Polo Anyone?! Hilltop Fixer Pool Home sits on 9.22 acres, grounds are currently used as a POLO Field. There are ~100 fruit trees with 35 species of mangos, plus papayas, citrus, etc., on the property. This is a young orchard with trees ranging from 1 to 8 years old. Home is a ranch style, but has nicely updated kitchen with tile floors, replumbed with CPVC, screened in-ground gunite pool with screened area in need of repair, but has potential. Included on this parcel is a detached 16 x 22 Block Structure with Metal Roof used for equipment storage, tools and Laundry. There is an abandoned railway on the northern perimeter and service road that is in the shade under 100 year old oak tree arch. The entire perimeter has wooden fencing. Mature landscaping and Bamboo for privacy. This parcel sits parallel to metal coating and metallizing industries and across the street are many types of businesses. Property is being sold AS-IS. All dimensions are estimated and will need to be verified by Buyer or Buyers' Agent.

Details

Property type

Single Family Residence

Est. home value

$512,532

Property condition

Fixer

Lot size

9.22 acres

Price per sq ft

$618

Year built

1960

Annual property taxes

$4,314

HOA

No

Price History

03/26/2025
StellarMLS

StellarMLS #L4951666

Listed
$850,000
+184.28%
04/22/2016
StellarMLS

StellarMLS #L4707953

Sold
$299,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$552,990
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$229,010
Cash to seller
$552,990

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

American Liberty Mortgage Inc

Loan start date

April 2016

Original loan amount

$284,050

Est. remaining balance

$229,010

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Max B Stevens

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 7:35 PM

Listing updated: 03/28/2025 at 1:26 PM

Listed by: Mary Gail Earl, COLDWELL BANKER REALTY Phone #: (863) 687-2233

MLS: StellarMLS #L4951666

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