2577 Lake Lillian Drive, Avon Park, FL 33825

$265,000
7
BD
4
BA

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List Price
$265,000
MLS#
327341
Bedrooms
7
Baths
4
Acres
0.40
Year Built
1926

Property Description

Unique investment opportunity with incredible potential! Situated on just under half an acre directly across from Lake Lillian, this property features three separate homes with the potential for four individual living spaces, making it an excellent option for an investor, multi-generational living, or a family compound. The main residence is a two-story, 3-bedroom, 2-bath home offering approximately 1,552 sq. ft. with an attached carport. The second residence is also two stories and offers approximately 1,056 sq. ft. with 2 bedrooms, 2.5 baths, plus a bonus room with potential for use as a third bedroom. Its former garage has been partially converted into a studio apartment, providing the opportunity for an additional rental or guest space once completed. The third residence is a single-story 2-bedroom, 1-bath home with approximately 952 sq. ft. and a concrete block carport. The property is a fixer-upper and will require repairs and improvements, but the possibilities are hard to overlook. With three existing residences and the potential for a fourth living space, this property could offer multiple income streams from a single parcel. Renovate and create a cash-flowing investment property, use the homes for extended family, or create your own multi-generational compound—all in a convenient Avon Park location directly across from beautiful Lake Lillian. Bring your vision and unlock the potential of this one-of-a-kind property!

Additional Information

View
Lake
Style
Two Story
Construction
Block, Metal Siding, Concrete
Cooling
Central Air, Electric
Heating
Central, Electric

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Fort Myers and the Islands.