Lakefront Flip

in Land O Lakes, FL

Flip Return
Land O Lakes, FL 34639

Bedrooms: 3     Bathrooms: 3    SQFT: 1,600

Year: 1952     ARV: $337,000

 Flip opportunity now available in Land O Lakes, Florida. With a lot size of an acre and sitting on the almost 2 1/2 acre Lake Dupree, this home features 3 bedrooms, 3 bathrooms, 1,600 square feet of living space, and was originally constructed in 1952. This concrete block home was updated prior to being rented roughly 15 years ago. The interior of the home has beautiful Terrazzo flooring that can either be covered or polished to perfection. The kitchen will need new cabinets and counters and the baths will all need updating. The roof will need to be replaced and we suggest moving the AC unit from the roof to the ground. In regards to exterior rehab, the detached 2 car garage to the rear of the home will need some work as well as the dock sitting on the lake and landscaping to bring the slightly overgrown lot back to life. In comparison to the recent sales on the lake, both sold comps in the last year have been cash. One property, 21801 Dupree Dr, was beautifully renovated and sold at over $225 / sqft and closed in cash. The other has been renovated and relisted for sale at $573,000.

Call your Florida Property Hub representative today for more information and to schedule a showing for this lakefront property with a ton of potential. 

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