LADY LAKE, FL 🌳🏡 UNIQUE INSTANT EQUITY ON POOL MANSION 🤑💸 LADY LAKE

Description

LADY LAKE, FL 🌳🏡 UNIQUE INSTANT EQUITY ON POOL MANSION 🤑💸 LADY LAKE
HIGHLIGHTS

🔥Exclusive off-market opportunity in Lady Lake, FL, immerse yourself in the luxury of a residence boasting unparalleled grandeur. Constructed in 2008, this estate offers an expansive living space of 8,640 sq. ft., nestled on nearly an acre. With 10 bedrooms and 8.5 bathrooms, it encapsulates the essence of refined living. Key features include central air conditioning, forced air heating, an attached garage, and a private pool, all enclosed within a durable brick exterior with an asphalt roof.

This property stands as a testament to value, currently assessed at over a million dollars, presenting a remarkable chance for instant equity. By offering it at $750k, the new owner is positioned to gain an equity advantage of approximately $300k+, considering the property’s inherent worth. Further enhancing this unique proposition is a 10-month leaseback agreement with a $75k escrow holdback from the seller’s proceeds, coupled with a lease rate of $6k/month to cover holding costs until departure.

This is not just a home purchase; it’s an investment in a lifestyle, promising both luxury living and significant financial gain through instant equity.🔥

DETAILS:
10 Bed/ 8.5 Bath
Year Built: 2008
7,200 sq ft
Lot Size: 43,385 sq ft
TURNKEY RENOVATED, MOVE IN READY

PRIVATE ENCLOSED POOL w 2 LEVELS of WRAP AROUND INTERIOR BALCONIES

10 Month Seller Leaseback
Seller to Pay $6k/Month Until Jan 31,2025
$75k Seller Holdback

STARTING PRICE: $750K

ARV COMPS

800 Edwards Rd, Lady Lake, FL 32159- SOLD $1.25M

4bd/4ba – 3,174 sq ft

Sold 03/06/2023

6044 Spinnaker Loop, Lady Lake, FL 32159- SOLD $1.01M

3bd/3ba – 3,210 sqft

Sold 12/27/2022

40436 Old Church Rd, Lady Lake, FL 32159- SOLD $955k

4bd/3ba – 3,332 sqft

Sold 10/31/2023