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425 KISSIMMEE AVE Lake Wales, FL 33853
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Key Details
Sold Price $32,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,170 sqft
Price per Sqft $10
Subdivision Alta Vista Resub
MLS Listing ID O6052102
Sold Date 02/06/23
Bedrooms 8
Full Baths 4
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1930
Annual Tax Amount $2,189
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 67x133
Property Description
Amazing investor opportunity!! Rezoned as single family and have full engineering plans to build or design any way you like. Currently setup as 4 separate 2 bed 1 bath units . Property needs a full renovation and already had demo so it's a blank slate. Please do your own due diligence and inspections as property has code violations and daily fines that need to be negotiated once renovations completed and up to code. Oversized corner lot that also might be able to be subdivided in the future. Huge 2 story Building of 3,180 sq ft priced at $28 a ft. Is a steal for any investor willing to bring this building back to life. Have structural engineering plans showing the building is in sound structural condition. Investor's other partner backed out of the deal and current investor doesn't have the funds to complete the renovation. Some materials for the renovation on job site and convey with the sale. Their loss is your gain!! The city of Lake wales has given the option that if this building is demo You can build a bigger and better family building if you choose to. Don't miss your chance in this growing area as development has started as new school being built currently next to property. Bring your offers as multiple offers expected!! Cash Offers Only!!
Location
State FL
County Polk
Community Alta Vista Resub
Zoning R-3
Interior
Interior Features Ninguno
Heating None
Cooling None
Flooring Other
Fireplace false
Appliance None
Exterior
Exterior Feature Balcony, Sidewalk
Utilities Available Other
Roof Type Other
Porch Side Porch
Garage false
Private Pool No
Building
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with FATHOM REALTY FL LLC