Additional Details

• Important Details: --> Vacant at close --> Flood Zone X (No flood insurance needed)
• Features: Blank canvas project with massive upside in Lake Wales (Polk County), this 4/3 home offering 4,428 SQFT will be vacant at close and is located in Flood Zone X (no flood insurance required). The property features a rare indoor pool and a wraparound driveway, adding both convenience and curb appeal. A full rehab and restoration will be needed, making this an ideal opportunity for investors looking to create significant value. With multiple high-value exit strategies, you can transition it into a huge single-family residence, maximize returns as an ALF with one operating next door, or convert it into a PadSplit-style rental to optimize cash flow.
• Potential ARV: $400,000-$450,000
• Rehab Description: A full rehab and restoration will be needed.
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money