$175,000 ($121.19 per sqft)

Pending

Est. Mortgage $884/mo *

Quick Pre-Approval

1861 HEART LAKE DRIVE, Groveland, FL, 34736

1861 HEART LAKE DRIVE, Groveland, FL, 34736

3 rooms

3 beds

2 Full baths

2022

Other

1,444 sqft

Under contract-accepting backup offers. Short Sale. This 2022 built home is Lennar’s “Annapolis” floor plan, offering a rare opportunity for investors or experienced rehab buyers looking to capitalize on one of Central Florida’s fastest growing markets. Following a 2023 house fire, the property is now in pre-drywall condition, providing a blank slate to rebuild and customize.The structure remains in place with several valuable components already intact, including tile flooring through much of the home, a preserved kitchen island, and a bathroom tub/shower in good condition. The exterior requires comparatively minimal work, while the interior is ready for a full renovation. The backyard is fully fenced, adding immediate usability and value. Groveland continues to experience significant growth, with multiple residential and infrastructure projects recently approved, making this an ideal time to invest ahead of continued expansion and appreciation. Strong resale potential is supported by nearby new construction, community amenities, and ongoing commercial development in the area. Property was previously equipped with a solar system; panels were removed due to the fire (system still operational). This is a true rehab project with strong potential for resale or rental once completed. CASH ONLY. No financing available.


Status:

Pending

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Laundry Remarks:

Other

Subdivision:

TRINITY LAKES PH 1

Garage:

2-car

Heating:

Central

Cooling:

Central Air

Common Charge:

$96 Monthly

Acreage:

0.12

Est. Taxes:

$2,342

HOA Fee

$96

Construction

Block

Utilities

Electricity Available, Water Available

Lot Description:

Sidewalk

Days on Market:

6

Pet Policy:

Number Limit, Yes

Appliances:

None

Min Lease Term:

7 Months

MLS #:

G5111533


Community Info

School Info

Walk Score

Yelp



Listing courtesy of KELLER WILLIAMS ELITE PARTNERS III REALTY 321-527-5111