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 Off Market Desireable Lakefront Lot off Beautiful LAKE HARNEY BEACH

  • Land
    13500 square_feet
    bedroom 0 Bedrooms
    bathroom 0 Baths
  • Flip
    $75,900
    Status : Sold
    Year Built : 0
 Description
Property Overview: Don’t hesitate to jump on a key opportunity to own this lot on the desirable Beach Lake in Seminole county Geneva FL. Lake Harney is known for its beauty and history. Named after General William S. Harney this lake straddles Volusia County & Seminole county & is also connected to the St. Johns River!!! LOCATION, LOCATION, LOCATION, build your dream home on this Lot, and create tons of memories with loved ones as it awaits the right investor. The lot currently has a 1/1 Frame building on the premises, which will need to be demolished. New Build opportunities will sell for massive value on this prestigious lake the home directly next door sold for $466,000 earlier this year.

Property Features include; Beach Lake, Nice Lot, New Build, Tons of Upside

ESTIMATED REHAB: New Build/New Construction 

Click Below For Videos & Pics

https://drive.google.com/drive/u/1/folders/11JXQHD9Yu04QDiSDEd9_WCkkaCGBmkkQ

 Rehab Work Needed
 General Amenities
Location Map
Image Gallery
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 Summary

Overview
Off Market Desireable Lakefront Lot off Beautiful LAKE HARNEY BEACH Sold
$75,900
Property ID: FL200131186
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32732
Country: USA


Flip Analysis

+ Purchase Price: $75,900
+ Purchase Closing Cost: $2,277
+ Rehab Cost: $300,000
Total Acquisition Cost: $378,177


+ Selling closing cost: $13,500
+ Agent Commision : $13,500
Total Holding Cost: $27,000


Total Flip Cost: $405,177
Projected ARV: $450,000
Net Income (Profit): $44,823
CAP Rate: 11.06%

 Message

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