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Brokers welcome - B-1 commercial–zoned corner-lot property with an existing residential structure, offering flexibility for professional, commercial, or live/work use. Benefit from constant daily traffic with thousands of cars passing by, making this an ideal location for businesses that rely on visibility and drive-by exposure. The building requires renovation and is positioned as a value-add opportunity in one of Minneola’s most desirable locations.
The home features a huge back and side yard, providing ample outdoor space. A separate entrance to the basement supports multi-generational living, while an additional side entrance near the attic staircase provides flexibility for a private living area for extended family.
The structure contains approximately 945 square feet of finished interior living area, plus additional usable square footage beyond the recorded total, including a covered porch, attic square footage, and a fully walkable basement—a rare feature in Florida that provides functional space not commonly found in the area. As a result, the overall usable space is larger than the recorded square footage.
The property also features a fenced yard and a large interior staircase leading to the attic, offering strong potential for storage or future build-out.
Situated on a 6, 720 sq ft corner lot, the property is located less than a ¼-mile sidewalk walk to the well-known Minneola Tiki Bar & Restaurant and approximately 0. 3 miles from the South Lake Trail. The house is also a 0. 4 mile walk from the brand new highly rates Minneola library that opened in October 2025. The site is also just a few homes from Lake Minneola and within close proximity to downtown amenities. The house is on city of Minneola water, so no worry of a septic of drain field.
This is an incredible location with long-term upside, well suited for buyers seeking zoning flexibility, character, and proximity to lakefront recreation and established downtown destinations within the corridor.
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Our Executive Mortgage Banker:
Our Insurance Division:
$275,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $220,000 | $220,000 | $220,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.156% | 5.396% |
| Monthly Tax Payment | $167 | $167 | $167 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,249 | $1,318 | $1,754 |
| Total Monthly Payment | $1,491 | $1,560 | $1,996 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.