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2577 LAKE LILLIAN DRIVE, AVON PARK, FL 33825

$265,000 · Active

MLS #C7529754

2577 LAKE LILLIAN DRIVE, AVON PARK, FL 33825
Price
$265,000
Status
Active
Bedrooms
8
Bathrooms
5.5
Living area
3,970 sq ft
Home type
Single Family Residence
Year built
1926
Lot size
0.43 acres
Full bathrooms
5
Half bathrooms
1
Private pool
No
Waterfront
No
New construction
No
HOA
No
55+ community
No
Levels
Two
County
Highlands
Annual property taxes
$2,016
Subdivision
LAKE LILLIAN
Appliances & Equipment
Electric Water Heater · Range · Refrigerator
Bathrooms
6 total bathrooms · 5 full bathrooms · 1 half bathroom
Bedrooms
8 total bedrooms
Building
Built in 1926 · Living area: 3970 · Living area units: Square Feet · Building faces South · Levels: Two · Construction Materials: Stucco
Cooling
Central Air · Wall/Window Unit(s)
Exterior Features
Storage
Fireplaces
Wood Burning
Floors
Tile · Wood
Foundation
Slab
Heating
Central
Interior Features
Living Room/Dining Room Combo
Laundry
Outside
Lot
0.43 acres
Parking
2 carport spaces
Property
Lake
Roof
Metal · Shingle
Sewer
Septic Tank
Utilities
Electricity Connected · Water Connected · Water Source: Public
Water Features
Water Body Name: LAKE LILLIAN

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About this home

Welcome to 2577 Lake Lillian Dr - A truly unique and remarkable real estate opportunity! Nestled across the street from the picturesque Lake Lillian, this property boasts not one, but three distinct homes!, offering a myriad of possibilities for a savvy investor or a homeowner looking for additional rental income. With a little TLC, this historic gem has the potential to shine like a diamond in the rough. MAIN HOME: The centerpiece of this property is a charming two-story, 3-bedroom, 2-bathroom home built in 1926. Spanning 1,500 square feet, it features a spacious living room, a formal dining room, and a well-appointed kitchen. The large screened-in back patio provides a perfect spot for enjoying the serene outdoors. Additional convenience is provided by the covered carport, ensuring protection for your vehicles. SECOND HOME: Adjacent to the main house, there is another two-story dwelling, also constructed in 1926. This secondary home offers 2 bedrooms, 1.5 bathrooms, and a versatile bonus room, providing over 1,000 square feet of living space. What makes this home particularly unique is the garage, thoughtfully converted into a 400-square-foot studio apartment. With its own private entrance, bathroom, and living space, it presents a fantastic opportunity for rental income or accommodating extended family. THIRD HOME: The newest addition to this property is a single-story home built in 1950. This 2-bedroom, 1-bathroom residence offers 952 square feet of living space. The living room of this home affords breathtaking views of Lake Lillian, providing a soothing and tranquil atmosphere. Additionally, the spacious backyard offers endless potential, and two more carports further add to the utility of the property. Investment Opportunity: Priced at only $86,000 for each home, this property presents a compelling investment and rental opportunity. Whether you're considering long-term rentals, vacation rentals, or even a multi-generational living arrangement, this property offers the versatility to cater to various needs.

Courtesy of KW FLORIDA LIVING 239-236-4350

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Contact LPT Realty at (877) 366-2213 to ask about this home.