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481 Gulf Stream Dr N #25, Lake Alfred, FL, 33850

2beds
2baths
1,092sqft
$52,000
$48price/sqft
$515/moest. monthly cost
$20,600/yrincome needed

About This Home

Bright, Inviting, Open Floor Plan with Quality Furnishings in Central Florida Homes in Kings Pointe, a 55+ pet friendly community, are on lot leased land in Lake Alfred, Florida. Owning the home, but not the land, you pay a monthly lot rent of $740 which gives you and your guest access to the many amenities of the community. Welcome to easy Florida living in the heart of Lake Alfred! Tucked away on the highly desirable upper end of Kings Pointe, affectionately known as Nob Hill, this charming 2-bedroom, 2-bathroom 1,092 sq ft manufactured home offers peace & privacy at this outer perimeter lot. As the last street developed in this cozy 226-home active 55+ community, you'll enjoy mostly local traffic, friendly neighbors, and the laid-back joy of golf carts cruising by under the warm Florida sunshine. Step inside and you'll immediately notice the bright, inviting, open floor plan and quality furnishings which are included in the purchase minus the TVs and special cherished pieces of furniture. The living room & bedrooms are carpeted for warmth. There is still space available for you to add your own personal touch making this great home your own and turning it into a stunning full-time residence, winter retreat, or forever home. The front-facing 10x13 Florida room, complete with tile floor, vertical sliding vinyl windows and screens, adds valuable extra living space-perfect for morning coffee, afternoon reading, or entertaining friends and family. A covered carport keeps your vehicle shaded from the Florida sun, and a 6 x 8 storage shed provides room for tools, and items not used on a regular basis. In addition, there is an extension at the end the long driveway to provide parking space for a golf cart. The fully appliance kitchen was recreated a few years back and offers custom cabinetry, granite countertops and extended space for casual dining and vinyl plank flooring which includes the dining area and laundry. As a bonus, the kitchen is supplied with housewares, pots & pans, silverware, etc. At the end of the kitchen is a dedicated laundry area which for the new (2024) Whirlpool washer & dryer keeping the domestic chores situated in one location. This 2 bed + den, 2 bath home offers a thoughtful layout with split floor plan, The primary bedroom features a walk-in closet with ensuite bathroom that has a walk-in shower, spacious vanity with double porcelain sinks, linen closet & garden tub while the guest bath includes a tub/shower combo, perfect for visitors. Major updates bring peace of mind, including central HVAC replaced in 2024, electric forced-air heating, a new shingled roof installed in 2018. Located in Lake Alfred, this home is close to the area's famous Chain of Lakes, scenic parks, fishing, boating, and all the everyday conveniences of Central Florida. Whether you're searching for a Lake Alfred 55+ community home, a manufactured home for sale in Polk County, or an affordable Florida retirement property, this one checks all the boxes. There is a lot to do in the local area, and we are blessed to have our own entertainment right here in the community without having to venture out if you so choose, including use of an array of planned activities Schedule your private showing today-you won't want to let this opportunity get away! All prospective residents must be approved by community management prior to purchasing a home. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection and by appropriate professionals. This home is sold "as is." Accuracy of the information and the condition of the property are not warranted or guaranteed. The buyer is responsible for verifying all current lot rent, fees, and pass-on costs directly with the community or park management. The listing agent is not responsible for quoting or confirming these fees. Third party financing options may be available. Ask your Agent for more details.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

3/10
Auburndale Senior High SchoolGrades PK,9-122.3 mi

Construction

Condition

  • Year built: 2003

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Refrigerator,Microwave,Oven,Washer,Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Vinyl
  • Finished area above ground: 0

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Central

Interior Area

  • Total structure area: 0
  • Total interior livable area: 1,092 sqft

Property

Details

  • On leased land: Yes
  • Lease amount: 740

Features

  • Patio & porch: Enclosed Porch

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Strong Wind
Hurricane
Lightning
Tornado
Wildfire

FEMA Declared Disasters in Polk County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $262$3,144
Home Insurance *$25$300
Property Taxes $31$372
Electricity $197$2,366
Total$515$6,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$17,657/yr
40% on housing$15,450/yr
45% on housing$13,733/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$48This listing

vs Other Active Listings

Avg $/sqft

ZIP 33850$130
Polk County$134

vs Homes Sold Last Month

Median $/sqft

ZIP 33850$168
Polk County$179

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-07Price change$54,000
2026-02-28Listed for sale$58,000

For Sale by Agent

AgentPam Pullen
BrokerageRenee's Resales

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