389 NOLANE LANE, POLK CITY, FL, 33868
Active97 days on marketListed May 1, 2026MLS #O6403253
About this home
389 NOLANE LANE
Beautiful Light House Casita for Rent. Located in the Premier gated community of Mt Olive Shores No in Polk City. Casita is fully furnished and redecorated. Beautiful views of the lake and beautiful yard for your furry friend. Casita is 460 sq ft and is an open concept floor plan. It is well located to shopping and all the popular Orlando attractions. This community offers new community rec center, beautiful pool and jacuzzi, pickleball and a fun free Pontoon boat to use on the lake. There’s a lovely shaded dog park and community activities for the 55 + residents.. Internet, utilities and large garage. RV Pad included with this rental.This home is available For Sale .
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
460
Sqft
0.25 ac
Lot size
1
Garage
2008
Year built
One
Levels
$4
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$173 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$173/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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 MT OLIVE SHORES NORTH ADD 04
$4 vs $356
Days on market
97 vs 57 typical
Where $4/sqft sits among the 10 homes for sale in MT OLIVE SHORES NORTH ADD 04
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 Polk City
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Polk City. See the full Polk City guide →
POLK CITY 33868 — neighborhood snapshot
Population
13,676
Median age
40.7
Median income
$74,048
Median home value
$235,600
Avg household
2.89
Households w/ children
1,446
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Polk City market
$280K → $300K
Polk City median sold, yr/yr
96.2%
Sale-to-list ratio (12 mo)
1 of 10
MT OLIVE SHORES NORTH ADD 04 have cut their price
Median sold price, Polk City, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 96% below the POLK CITY 33868 median. See the full Polk City market guide →
Paper trail
This home's history
Reality check
What actually sold near 389 NOLANE LANE
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$300,000
751 MEANDERING WAY · same community
1 bd · 1 ba · 864 sqft · $347/sqft · 29 DOM
Sold · Feb ’26$450,000
648 MEANDERING WAY · same community
1 bd · 1 ba · 1,172 sqft · $384/sqft · 149 DOM
Sold · Dec ’25$545,000
783 TEABERRY TRAIL · same community
1 bd · 1.5 ba · 1,283 sqft · $425/sqft · 18 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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 389 NOLANE LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 389 NOLANE LANE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
389 NOLANE LANE FAQs
What would the monthly payment be for 389 NOLANE LANE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $173/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 389 NOLANE LANE?+
The listing reports pets: Breed Restrictions, Cats OK, Dogs OK, Pet Deposit, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Polk City?+
At $1,800, this home is listed about 100% below the Polk City median of $397,500. The market section on this page shows how the area is trending.
Which schools are assigned to 389 NOLANE LANE?+
Polk City Elementary School (elementary), Lake Alfred Polytech Academy (middle), Tenoroc High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of ENCOMPASS REAL ESTATE SERVICES · Donna McGrath. MLS #O6403253.
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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