1861 Heart Lake Drive, GROVELAND, FL

$175,000

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3

Beds

2

Baths

1,444

Square feet

0.12

Acres

About 1861 Heart Lake Drive

Under contract-accepting backup offers. Short Sale. This 2022 built home is Lennar’s “Annapolis” floor plan, offering a rare opportunity for investors or experienced rehab buyers looking to capitalize on one of Central Florida’s fastest growing markets. Following a 2023 house fire, the property is now in pre-drywall condition, providing a blank slate to rebuild and customize.The structure remains in place with several valuable components already intact, including tile flooring through much of the home, a preserved kitchen island, and a bathroom tub/shower in good condition. The exterior requires comparatively minimal work, while the interior is ready for a full renovation. The backyard is fully fenced, adding immediate usability and value. Groveland continues to experience significant growth, with multiple residential and infrastructure projects recently approved, making this an ideal time to invest ahead of continued expansion and appreciation. Strong resale potential is supported by nearby new construction, community amenities, and ongoing commercial development in the area. Property was previously equipped with a solar system; panels were removed due to the fire (system still operational). This is a true rehab project with strong potential for resale or rental once completed. CASH ONLY. No financing available.

Features of 1861 Heart Lake Drive

MLS® # G5111533
Price $175,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,444
Acres 0.12
Year Built 2022
Type Residential
Sub-Type Single Family Residence
Style Other
Status Pending
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Listing Details

OfficeKELLER WILLIAMS ELITE PARTNERS III REALTY

Listing Map

Neighborhood Information for 1861 Heart Lake Drive

Growing Population, Moderate Residential Turnover

Weather

Highs


January 70.70℉
July 91.60℉

Lows


January 70.60℉
July 70.60℉
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Precipitation


49.74

Statistics

Number of Listings

Population Age

Home Listings Prices

Nearby Schools

Great Schools School Name Distance  
Great School

Praise Temple Christian Academy

Private - Preschool to 12Th Grade - Closest Elementry School
2 Miles
Great School

South Lake High School

Public - 9Th Grade to 12Th Grade - Closest High School
2 Miles
Great School

Mascotte Elementary School

Public - Preschool to 5Th Grade
3 Miles
Great School

Gray Middle School

Public - 6Th Grade to 8Th Grade - Closest Middle School
3 Miles
Great School

Groveland Elementary School

Public - Preschool to 5Th Grade
3 Miles
Great School

Pine Ridge Elementary School

Public - Preschool to 5Th Grade
4 Miles
Great School

South Lake Montessori School

Private - Preschool to 6Th Grade
5 Miles

School data provided by GreatSchools

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