Epiphyte Rd., Mims, FL 32754

The main house had a new roof put on in 2007, and the 1st floor has 18 x 18 ceramic tile throughout that is in great condition. Kitchen is also in good condition. Rehab in main house includes inside paint, pressure washing the vinyl siding, carpet in the upstairs bedroom, some sheet rock repairs, needs the outside A/C unit replaced (missing), pool needs to be resurfaced and it needs the pool pump replaced (missing), some electrical repairs, and the downstairs bath needs to be updated. Also, the perimeter and rear areas need to be bush hogged.

Rehab in guest house includes paint and carpet in both bedrooms, I would replace the outside A/C unit, and it needs a good cleaning in the bathroom. Main living areas have 18 x 18 ceramic tile that is in great condition.  Roof and electric and plumbing are in good shape. The property is located in a gated community approximately 10 miles west of the intersection of I95 and SR 46. There is also access to a community boat ramp for  Lake Harney and the St. John’s River.

Lake Harney Woods

Est. Rehab: $25,000 – $30,000

Estimated ARV: $280,000 – $300,000

Using $125/SF for the main house and $75/SF for the guest house

1637 SF x $125/SF = $204,625

1280 SF x $75/SF =  $   96,000 

                                              $300,625

Sales Comps (main house):

  • 1231 Snapping Turtle Road – 3 beds / 2 baths / 1,888 Sq Ft / No Pool – Sold – 7/22/16 – $255,000
  • 860 Leather Fern Lane – 3 beds / 2 baths / 1,860 Sq Ft / No Pool – Sold – 8/5/16 – $260,000
  • 1051 Lake Harney Woods Blvd – 4 beds / 2 baths / 2,140 Sq Ft / No Pool – Sold 1/20/17 – $285,000
  • 989 Leather Fern Lane – 4 beds / 2 baths / 2,025 Sq Ft / Pool / Sold – 8/22/16 – $320,000

Sales Comps (guest house):

  • 850 Wild Pine Road – 2 beds / 1 bath / 786 Sq Ft – Sold – 5/18/17 – $134,000
  • 1310 Marsh Fern Road – 3 beds / 1.5 baths / 950 Sq Ft – Sold – 2/9/17 – $115,000
  • Address: Epiphyte Road, Mims, Florida 32754 
  • Price: $190,000 
  • Availability: Sold 
  • Listing Type: Single Family 
  • Bedrooms:
  • Bathrooms:
  • Total Square Feet: 2917 
  • Construction Type: Frame (Main) & Block (Guest) 
  • Year Built: 1992 (Main) & 1999 (Guest) 

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