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Property for sale at 221 CITRUS GROVE BOULEVARD S, POLK CITY, FL, 33868
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221 Citrus Grove Boulevard SPolk City, FL, 33868

6beds
4baths
3,774sqft
Single Family Residence
Built in 1971
$530,000
For sale
$550,000−$20,000 (4%)Reduced Aug 31, 2026
Price per sqft
$140
Days on market
161
Listed
May 13
MLS #O6405616Updated Oct 20, 2026

About this property

SELLER MOTIVATED — LIVE, RELAX & GENERATE INCOME! A Unique Polk City Property Offering Space, Lifestyle & Proven Income Potential Live in the main home. Generate income from the two suites. Enjoy the space, privacy, and Florida lifestyle—all while having the potential to create a valuable additional income stream. The income opportunity is a major highlight of this property. The home includes two interconnected mother-in-law suites, each with its own private entrance, providing an ideal setup for short-term rentals, extended family, guests, or additional living arrangements. Both suites are currently operating as successful Airbnb rentals, generating substantial supplemental income—allowing the new owner to offset housing expenses while enjoying the property themselves.

Each suite features 2 bedrooms, a dining area, laundry room, and 1 bathroom. One suite has a full kitchen, while the other offers a convenient kitchenette. With two separate rental spaces plus the spacious main residence, this property provides an uncommon opportunity to combine homeownership with multiple income streams. For nature-loving families, Polk City offers a peaceful setting while remaining conveniently located near Lakeland and centrally positioned between the metropolitan areas of Tampa and Orlando. Only 6.8 miles from Lake Mrytle Sports Complex, a top destination for central Florida sports tournaments. The scenic 29-mile General James A. Van Fleet State Trail is nearby, providing opportunities for walking, cycling, wildlife viewing, and enjoying Florida's natural beauty. Just one block away from newly renovated Freedom Park which features a playground, pavilion for gatherings and celebrations, and a fully fenced area offering added safety and peace of mind. Continue enjoying the outdoors from your nearly half-acre homesite, with plenty of room for gardening, fruit trees, entertaining, and outdoor living. Start your mornings with coffee on the back porch and end your evenings watching beautiful Florida sunsets from the charming front Florida room. A Home Designed for Flexibility: The spacious main residence provides plenty of room for family living and entertaining. Enjoy quiet afternoons in the library, gather with friends and family in the spacious living room, or relax in the inviting family room. The library includes a wet bar, perfect for showcasing your barista skills, preparing fresh juices, or entertaining guests. The oversized dining room comfortably accommodates family dinners, holiday celebrations, and special occasions. The one-car garage includes a half bath and additional storage, adding even more functionality to the property.

Numerous Updates & Features This beautifully remodeled property offers an impressive combination of space and recent upgrades, including: 3 sets of washers and dryers, 3 separate heating and cooling systems, Roof installed in 2024, One brand-new HVAC system installed May 2026, Granite countertops, New Samsung 4-door refrigerator, Samsung dishwasher, One-car garage with half bath, First American Home Warranty included. Nearly half-acre homesite, Furniture negotiable. A Property That Can Work for You. CALL TODAY to schedule your private showing and discover the lifestyle, flexibility, and proven income potential this exceptional Polk City property has for you!

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Property details

Property type
Single Family Residence
Street address
221 Citrus Grove Boulevard S
City
Polk City
State
FL
ZIP code
33868
Year built
1971
New construction
No
Attached property
No
Faces
West
Rooms
11
Building stories
1
Living area
3,774 sqft
Total building area
4,325 sqft
Levels
Multi/Split

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $20,000 (3.6%) since first listed.

EventPrice
Price reducedMLS #O6405616$530,000Change: −3.6%−$20,000
Listed for saleMLS #O6405616$550,000
History may be incomplete.
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