Lake front view home in Auburndale-HUGE REDUCTION!

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Lake front view home in Auburndale-HUGE REDUCTION!

Investor · Orlando, FL · Member since 2009 · 978 posts · 39 votes

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

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Lake Ariana Blvd, Auburndale, FL 33823

INVESTMENT: $129,900

ARV: $260,000 +

Rehab: $50,000 +/-

4 Bedroom 2 Bath

3233 SqFt

Built: 1926

Construction: Block

HOA: $0

Huge reduction! Lake front view right across the street from Lake Ariana on half acre lot with a pool. 5 of the comps are in similar positions on the lake selling between 90-110 sq ft.

For rehab the property has wooden floors throughout, a roof that looks in good condition, and a functioning pool. You will need to modernize the property to get top dollar. Because of the size of the home, I would not be surprised if you could get a little more on the retail end with a nice rehab.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services

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