Lake County, Mascotte, FL 34753
3 bd2 ba1,537 sfBuilt 2021
Gross spread$52,500
Description
$267,500 STARTING — TURNKEY 2021-BUILT 3/2 IN MASCOTTE WITH $320K ARV AND NEAR-ZERO RENO: A LONG-TERM APPRECIATION & DEPRECIATION HOLD Practically-new KB-built home in the Gardens at Lake Jackson Ridge — excellent condition and priced well under recent neighborhood solds. A clean, low-lift buy-and-hold for an investor who wants modern construction, minimal capex, and a long runway of appreciation and depreciation upside in one of the last affordable new-construction pockets of the Orlando metro. PROPERTY HIGHLIGHTS • 3 bed / 2 bath single-family, 1,537 sq ft • Built 2021 — modern systems, no major capex expected • Condition: Excellent (est. reno $0–$10K, cosmetic only) • 0.28-acre lot (12,092 sq ft) in the Gardens at Lake Jackson Ridge • Forced-air HVAC, finished garage • Lake County parcel 10-22-24-0014-000-34500 THE NUMBERS • Starting Price: $267,500 • Buy-Now: $282,500 • ARV: $320,000 • Est. Reno: $0 – $10,000 • EMD: $5,000 (non-refundable) LOCATION Mascotte sits on the SR-50 corridor in south Lake County, minutes from Lake Jackson and downtown Groveland, ~15 minutes to Clermont’s shopping, dining, and chain-of-lakes waterfront, and ~40 minutes to downtown Orlando via SR-50 or the Florida Turnpike. One of the last affordable new-construction pockets in the Orlando metro — strong entry-level demand from commuters and first-time renters. RECENT SOLD COMPS (CMA — Ashdon Realty, avg $320,885) • 6409 Quartet St, Mascotte — 3/2, 1,988 sq ft — SOLD $355,000 (06/26/2026) • 2316 Crossandra St, Mascotte — 3/2, 1,537 sq ft — SOLD $309,540 (04/30/2026) • 2369 Crossandra St, Mascotte — 3/2, 1,537 sq ft — SOLD $304,000 (05/22/2026) • 15631 Merlin Ave, Mascotte — 3/2, 1,675 sq ft — SOLD $315,000 (06/29/2026) EXIT STRATEGIES (LONG-TERM APPRECIATION PLAY) • Buy-and-hold and harvest depreciation — 2021 build primed for a cost-segregation / bonus-depreciation tax shelter (verify with your CPA) • Ride appreciation in the growing SR-50 corridor, then refinance or 1031 into your next hold CONTACT AEQUITY Realty — Andrew Haray Phone: [contact details hidden] Email: [contact details hidden] Property is being sold AS-IS, WHERE-IS. Buyer to pay all closing costs and title insurance. Cash or hard money only — no conventional or FHA financing. All offers require a $5,000 non-refundable earnest money deposit and an average 7–14 day close of escrow. Buyer to perform their own independent due diligence regarding property condition, value, and ARV. AEQUITY Realty and/or its associated members or employees make no representations or guarantees concerning property condition, value, characteristics, or rental potential. This is an assignment of contract or equitable interest. AEQUITY Realty does not represent the seller or buyer in this transaction. Equal Opportunity Housing. Broker participation welcome at 3% on top of the buy-now price. Licensed real estate brokerage in the State of Florida.
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Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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