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107 LAKE ELIZABETH DRIVE #B, Winter Haven, FL, 33884

1beds
1baths
625sqft
$122,000
$195price/sqft
$997/moest. monthly cost
$39,880/yrincome needed

About This Home

Don't miss this affordable 2-bedroom, 1-bath home nestled in the Lake Mariam area of Winter Haven. Situated on a spacious 0.23-acre lot, this property offers a great opportunity for an investor, rental portfolio, or buyer ready to add their own style and updates. Conveniently located near shopping, restaurants, medical facilities, golf courses, and Winter Haven's renowned Chain of Lakes. Some photos have been virtually enhanced.

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

2/10
Elbert Elementary SchoolGrades PK-51.3 mi
3/10
Denison Middle SchoolGrades 6-81.6 mi
3/10

Construction

Condition

  • Year built: 1970

Materials

  • Foundation: Slab
  • Roof: Other
  • Construction materials: Wood Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Range Hood,Refrigerator
  • Laundry features: Inside,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s),Living Room/Dining Room Combo
  • Flooring: Ceramic Tile,Hardwood

Heating & Cooling

  • Heating features: Wall Units / Window Unit
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 625
  • Total interior livable area: 625 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Primary Bedroom

  • Features: Built-in Closet
  • Level: First

Property

Details

  • Parcel number: 262834662000000281
  • Zoning: R-1
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Sidewalk

Lot

  • Lot size: 10,184 sqft

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

How This Home’s Risks Compare

Strong Wind
Hurricane
Lightning
Tornado

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 $616$7,392
Home Insurance *$110$1,320
Property Taxes $74$888
Electricity $197$2,366
Total$997$11,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,182/yr
40% on housing$29,910/yr
45% on housing$26,586/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

$195This listing

vs Other Active Listings

Avg $/sqft

ZIP 33884$121
Polk County$134

vs Homes Sold Last Month

Median $/sqft

ZIP 33884$166
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
2026-08-06Price change$119,000
2026-07-29Listed for sale$122,000
2026-07-25Listing removed$123,000
2026-07-17Listed for sale$123,000

For Sale by Agent

AgentJoseph Tipa
BrokerageTHE PROPERTY FIRM

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