1636 Spruce Rd Frostproof, FL 33843
Beds: 2 | Baths: 2
Living Area:1640 sqft
Lot Size 23,500 sqft
Year built: 1979
Fixer upper home on one parcel w/ 2 single wide mobile homes and storage barn on 2nd parcel included with the sale of the home. Home has 1640 sq ft LA & features fairly new roof & c/h/a, fireplace in living room, front enclosed porch, plus back screened patio, carport, walk-in closet in master bedroom, but home is in need of a lot of repairs and updating. 2nd parcel house a 1958 single wide mobile home w/ 470 sq ft LA, (per county records), plus a 1968 single wide mobile home w/ 430 sq ft LA, (per county records). Additionally the 2nd parcel has a 43 X 24 storage barn/building. Mobile homes are in great need of repair and can not be viewed on the inside because of tenants. Home rents for $650 and both mobile homes rent for $375 each, but one of the mobile home tenants does not pay rent in lieu of taking care of the property, so current rental income is $1,025, but if 2nd mobile home was collecting rent too then income would be $1400, which would be a great cash flow.
House property has 2 wells, one that the dwellings all share, plus a 2nd one for irrigation. There are separate electric meters for each dwelling. Cash buyers only and to be sold in “as is” condition. Do not disturb tenants. Tax amount reflects tax bills for both properties. All measurements are apprx.
328 Fairway Blvd- $210,000
272 Fairway Blvd- $170,000
306 Pine loop- $169,000
Available on 04.01.2021
Don’t let this excellent opportunity pass you by! Get it yours now!
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The sale of these properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the property at the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement