N. Cherry Lake Groves Rd., Groveland, FL 34736

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This house was flooded during the torrential downpour of Hurricane Irma and needs an investor to bring it back to its former glory. Sitting on 2 acres of land, including a pond, it will need a complete rehab and rebuild from the ceiling down. We estimate $60k in renovations (detailed breakdown below). Sales comps in the area lead us to believe that an ARV of $299k would result in a very quick sale, but you could easily list it for at least $325k, once all is said and done.

Please call for more information and to schedule a showing.

No HOA

Est. Repairs include:

  • Kitchen: $10k
  • Bathrooms: $5k
  • Flooring: $8k
  • Paint: $4k
  • A/C: $3k (Outside unit only)
  • Windows: $500
  • Doors: $1k
  • Electrical: $1k
  • Landscaping: $6k
  • Demolition: $4k
  • Drywall: $8k
  • Miscellaneous: $10k
  • Total Repairs: $60k

Recent Area Sales / Activity:

19121 Lady Bug Ln – 3/2.5, 1876 sf, updated, sold for $435k

18331 S O’Brien Rd – 3/2, 2114 sf, updated, went pending in 7 days at $399k

18324 S O’Brien Rd – 3/3, 2224 sf, not updated, pending at $449k

  • Address: N Cherry Lake Groves Rd, Groveland, FL 34736, USA 
  • Price: $165,000 
  • Availability: Sold 
  • Listing Type: Single Family 
  • Bedrooms:
  • Bathrooms:
  • Total Square Feet: 1956 
  • Construction Type: Brick / Stucco 
  • Year Built: 1994 

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