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$345,000

389 NOLANE LANE, POLK CITY, FL 33868

3D Tour
Active37 days on market

Beds

1

Baths

1

Sq Ft

320 sq ft

Year Built

2008

Lot Size

0.25 acres

Garage

1

About This Property

Discover this charming 1-bedroom, 1-bathroom gem nestled in the highly desirable MT OLIVE SHORES community—an area known for its peaceful setting, friendly neighbors, and sought-after RV-lifestyle amenities. This well-maintained home delivers comfort, convenience, and the perfect blend of indoor and outdoor living. Step inside to an inviting layout featuring a bright, open living area seamlessly connected to the kitchen through a classic serving window, ideal for entertaining or effortless everyday flow. The kitchen offers excellent functionality with plenty of room to personalize. Outside, this property truly shines with multiple outdoor living options—a fully enclosed patio for year-round enjoyment plus a screened-in patio perfect for morning coffee, evening relaxation, or hosting guests. Parking and storage are a breeze with both a 1-car garage and a 1-car carport, offering flexibility for vehicles, hobbies, or seasonal items. Homes in this community are in high demand—don’t miss your chance to secure this fanta

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #O6422471
StatusActive
Year Built2008
Stories1
Total Rooms5
ConstructionBlock, Wood Frame
RoofShingle
FoundationSlab
FacesSoutheast
SubdivisionMT OLIVE SHORES NORTH ADD 04
CountyPolk
OwnershipFee Simple
FurnishedFurnished

Interior Features

InteriorCeiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor
FlooringCeramic Tile
AppliancesCooktop, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
LaundryInside
WindowsBlinds
CoolingWall/Window Unit(s)
HeatingWall Units / Window Unit

Exterior & Lot

ExteriorRV Hookup
Lot Size0.25 acres (11,082 sq ft)
Road SurfacePaved, Asphalt
ViewTrees/Woods, Water
0

Waterfront

WaterfrontYes
FeaturesLake Front

Utilities

WaterCanal/Lake For Irrigation
SewerPublic Sewer
UtilitiesCable Connected, Sewer Connected, Sprinkler Recycled, Street Lights, Underground Utilities, Water Connected

Parking

GarageYes (1 spaces)

HOA & Community

HOAYes
HOA Fee$2,000 / Annually
Senior CommunityYes

Financial Details

List Price$345,000
Original Price$354,900
Annual Taxes$4,619 (2025)
FinancingCash, Conventional, FHA, Lease Option, Lease Purchase, VA Loan
Parcel #252705298332001420

Directions

I-4 to exit 44, go North on Hwy 559. At flashing red light turn left (West) on Broadway Blvd. SE. In approximately 2 miles turn left on Commonwealth Ave. (State Rd. 33). Follow SR 33 for a mile to find Mt. Olive Shores North on the left. Enter the community on Lake Margaret Blvd. Check in at Guard Station.

Location

389 NOLANE LANE, POLK CITY, FL 33868

Listing Information

OfficeENCOMPASS REAL ESTATE SERVICES
ListedJuly 9, 2026

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Home Price

$345,000

20% ($69,000)
6.75%

Loan Term

Principal & Interest$1,790
Property Tax (est.)$316
Insurance (est.)$150
Total Monthly$2,256
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How to Buy This Home

Multiple financing options available for this $345,000 home in POLK CITY.

🏛️

FHA Loan

$12,075 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$17,250 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Polk County SHIP

Varies

Income-qualifying Polk residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: August 15, 2026.

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