2 Waterfront Deals For Price of 1 in Spring Hill FL!!! HUGE UPSIDE!

Hernando County, Spring Hill, FL, 34607
Sold
Listed at: November 3rd, 2021
Price
$375,000
ARV
$755,000
Gross Margin
$380,000
Sq. Footage
576
Type
Mobile Home
Parking
Assigned
Year build
1968
Lot size
0.33 acres
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

2 of the Biggest Lots in the Subdivision - 10,000 sq ft each. Both are waterfront! 1 Lot Has a 2 Bed / 2 Bath House on it Needing Light Reno and the Other Is a Lot Ready to Build Your Dream Home On!


LOT A - Has a Manufactured Home on It

First Lot with Manufactured Home Needs Light Renovation to get ARV $325,000

Asking $222,500


LOT B - Buildable Lot

2nd Lot Is Ready To Drop Your Dream Home on to get $430,000+

Lots are selling for $150,000+.


Comps:


1) 1800 sq ft house built in 1995 sold 879k Aug 2021

https://www.redfin.com/FL/Spring-Hill/5272-Tropical-Pt-34607/home/138874920


2) Lot Only 4250 sq ft Sold 150k Oct 2021

https://www.redfin.com/FL/Spring-Hill/5271-Ray-Dr-34607/home/138658739


3) Lot Only 5250 sq ft Sold 200k Aug 2021

https://www.redfin.com/FL/Spring-Hill/7133-Westwind-St-34607/home/139041700


Get both the house + the buildable lot for $372,500. Total ARV is $755,000+.

Screaming deal!


Get both the house + the buildable lot for $375,000.


Renovate the mobile and sell for $325k+

Build on the lot and get 879k+.

OR

Build on both lots and get 879k+ per new home. These are 2 of the biggest lots in the area and both waterfront!


Screaming deal!


A neighborhood with so much community

This is a Fisherman's Paradise

Close to restaurants and shopping, Hernando Park

Beach and Beautiful Weeki Wachee Springs!



COMPS for Property:


5274 Tuscawilla Dr,Weeki Wachee, FL 34607

Sold for $325,000 Sold on June 23, 2021


6289 Fine St,Weeki Wachee, FL 34607

Sold for $347,500 Sold on Sept 2, 2021


5337 Tuscawilla Dr,Weeki Wachee, FL 34607

Sold for $290,900 Sold on May 27, 2021



**Closing on or before November 24 2021**


Please enter your final and best offer by Wednesday November 10th, 2021 at 3 PM on our website!



This property is under contract with DCFP Investments LLC. You will need to sign DCFP Investment's assignment contract to purchase the property. All information provided regarding the property is proprietary to DCFP Investments LLC. Please perform your own due diligence. You are strictly prohibited from contacting the seller(s) directly. Contacting the seller(s) will be considered intentional interference and may result in legal action being taken against you.
Videos

Spring Hill, FL

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Nicole Mitchell

No reviews

Disposition manager