1861 Heart Lake Drive, Groveland, FL 34736

$175,000
3
BD
2
BA
1,444
SqFt

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List Price
$175,000
Status
PENDING
Days on Market
6
MLS#
G5111533
Subtype
Residential
Short Sale
Yes
Style
One Story
Architectural Style
Other
Year Built
2022
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,444
Lot Size
5,122
Acres
0.12
Subdivision
Trinity Lakes Ph 1
MLS Area Major
Groveland

Property Description

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.

Additional Information

Interior Features
Other
Exterior Features
Sidewalk, Sliding Doors
HOA Fee
$96
HOA Freqency
Monthly
Financing
Cash
Location
Sidewalk, Paved
Community Features
Clubhouse, Fitness Center, Pool, No Deed Restriction
Property Description
One Story
Appliances
None
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Sidewalk, Sliding Doors
Levels
One
Roof
Shingle
Foundation
Slab
Pool
Yes
Garage
2 Car Garage
Garage Spaces
2

Listing courtesy of KELLER WILLIAMS ELITE PARTNERS III REALTY. murraycoleman@kw.com

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