OFF Market Gated Community Pool Home on 1.0 Acre | 17416 Magnolia Island Blvd Clermont, Florida 34711 PRICE: 799,900.00 | ARV: 1,100,000.00 | - Bed: 5
- Bath: 3.5
- Sq Ft: 3,121
- Lot Size: 1.0 acres
- Year Built: 1993
| - Construction: Concrete Block
- Taxes: 8,483.00
- HOA: 125.00 monthly
- Rehab: 100,000.00
| Description: Welcome to Magnolia Island! A small gated community with only 37 homes and deeded access to the massive Johns Lake, a bass fishing paradise. Similarly sized lakefront homes in this community are selling for $1.8mm. Check out the comps below: 13194 Magnolia Valley Drive is Pending at $925,000 even though it's not in a gated community and has a .22 lot with not deeded access to Johns Lake.
17429 Cobblestone Ln sold for $970,000 on a lot half the size and not fully updated.
627 Largovista Drive is "uniquely" updated and on a much smaller .31 acre lot and sold for $1,080,000. Honestly our $1.1mm ARV might be conservative with the right updates and finishes. This is a very exclusive, small community and the full 1.0 acre lot is going to be a big draw for owner occupants when you are ready to sell it. It has a 2015 Roof and a 2022 HVAC and partially updated baths. The fifth bedroom has a separate entrance which could make for a great in-law conversion. | We offer competitive terms for Fix&Flip, Buy & Hold, STR, DSCR, Construction, Bridge, Commercial, Multi-Family. | Disclosures: - Harborview Group, Inc. dba Harborview Home Buyers, or an affiliate, has this property under contract and holds an equitable interest in this property. This advertisement is for the sale of this equitable interest and contract assignment.
- Sold As-Is for Cash or Private Lender Only
- $5,000 non-refundable deposit is due at the time of contract assignment or signing of contract with Harborview Homebuyers.
- Properties are sold As-Is with NO inspection period; Inspections must be made prior to offer.
- Buyer pays all closing costs for both buyer and seller sides of the transaction.
- ALL information provided including costs, rehab estimate, rental rate/return projections, ARV, square footage, etc must be independently verified. ALL data is based on opinion and estimates of Harborview Homebuyers, actual figures may vary. Square footages are taken from public records.
- Risk of Loss: Real estate investment is speculative in nature and there is a risk of loss. The recipient of this information should carefully consider whether such investing is suitable for them.
- NON-REPRESENTATION: Owners, members, and or employees hold a real estate license in the State of Florida. Any and all information provided is done for strictly informational purposes.
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