331 BAY STREET, AUBURNDALE, FL, 33823
Active59 days on marketListed Jun 5, 2026MLS #TB8516430
Come see it
Upcoming open house
Sat, Aug 8
11:30 AM – 1:30 PM
2.6% interest Assumable Loan!!!
About this home
331 BAY STREET
Lakefront Luxury with an Assumable 2.6% Interest VA Loan by ANY buyer who is Qualified for a loan. (You do not need to be a Veteran to qualify!!!) Wake up each morning to breathtaking waterfront views and end your evenings watching the sunset from your private dock. Nestled on nearly 0.60 acres along beautiful Lake Ariana, this extensively renovated 3-bedroom, 3-bath home offers nearly 3,500 square feet of thoughtfully designed living space where comfort, elegance, and outdoor living come together. One of this property's most valuable features is the opportunity for qualified buyers to assume the existing 2.6% VA loan, creating the potential for substantial savings compared to today's interest rates. Inside, you'll find spacious living areas filled with natural light, an updated kitchen designed for entertaining, generously sized bedrooms, and beautifully renovated bathrooms. Large windows showcase stunning lake views throughout the home, creating a peaceful retreat you'll enjoy every day. Step outside to your private backyard oasis featuring a screened swimming pool, expansive outdoor entertaining areas, mature landscaping, and direct access to Lake Ariana. Whether you're boating, fishing, paddleboarding, or simply relaxing by the water, this property offers the Florida lifestyle you've been dreaming about. With no HOA, ample parking, and a location convenient to both Tampa and Orlando, this home is ideal as a primary residence, luxury second home, executive retreat, or investment property. Opportunities to own renovated lakefront homes with a private dock, pool, and an assumable low-interest mortgage are exceptionally rare.
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
3,488
Sqft
0.59 ac
Lot size
2
Garage
1973
Year built
One
Levels
$217
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$5,149 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,149/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Auburndale actives
$217 vs $189
Days on market
59 vs 62 typical
Where $217/sqft sits among the 226 Auburndale actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Auburndale
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Auburndale. See the full Auburndale guide →
AUBURNDALE 33823 — neighborhood snapshot
Population
39,146
Median age
40.8
Median income
$64,248
Median home value
$234,300
Avg household
2.89
Households w/ children
4,326
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Auburndale market
$316K → $345K
Auburndale median sold, yr/yr
97.8%
Sale-to-list ratio (12 mo)
120 of 226
Auburndale actives have cut their price
Median sold price, Auburndale, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 137% above the AUBURNDALE 33823 median. See the full Auburndale market guide →
Paper trail
This home's history
Reality check
What actually sold near 331 BAY STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$289,900
336 BAY STREET · same community
4 bd · 2 ba · 1,647 sqft · $176/sqft · 50 DOM
Sold · Mar ’26$356,000
108 NELSON STREET
4 bd · 2 ba · 2,278 sqft · $156/sqft · 82 DOM
Sold · Nov ’25$280,000
116 PALM AVENUE
4 bd · 3 ba · 1,880 sqft · $149/sqft · 54 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 331 BAY STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 331 BAY STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
331 BAY STREET FAQs
What would the monthly payment be for 331 BAY STREET?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,149/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 331 BAY STREET?+
The most recent tax bill on record (2025) was $7,447. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Auburndale?+
At $757,000, this home is listed about 116% above the Auburndale median of $350,931. The market section on this page shows how the area is trending.
Which schools are assigned to 331 BAY STREET?+
Auburndale Central Elementary School (elementary), Jere L. Stambaugh Middle (middle), Auburndale Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$757,000 runs 137% above the AUBURNDALE 33823 median — but at 3,488 sqft it's also nearly twice the size of the typical Auburndale listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $789,000, now $757,000 — a $32K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of DIVINE ESTATES REALTY LLC · Nehad Darwish. MLS #TB8516430.
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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
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