$297,000
$325,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
2,865 SqFt
SOLD DATE : 04/08/2021
Key Details
Sold Price $297,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,865 sqft
Price per Sqft $103
Subdivision Wilbur By Sea 02
MLS Listing ID A4467382
Sold Date 04/08/21
Bedrooms 2
Full Baths 1
Construction Status Pending 3rd Party Appro
HOA Y/N No
Year Built 1951
Annual Tax Amount $8,408
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 110x129
Property Description
Short Sale. The property has 3 buildings BUT is zoned for one, single-family usage. No exceptions per Volusia County. (If you are an investor, you cannot rent to more than one tenant at a time.) The property consists of three separate, smaller, modified, single-family buildings. They had been illegally rented to 3 tenants at a time for more than 20 years. The property is in disrepair. Once a Purchase Contract is Executed, negotiations with the Seller’s Lender will require the Buyer to obtain a LICENSED GENERAL CONTRACTOR REPORT to be used for Lender review during the Short Sale negotiation. One of the buildings has a “caretaker” in residence. Showing requires approval by the caretaker. Please call Showing Time. This property is an outstanding opportunity for demolition and construction of a 2 story, custom, single-family OCEAN VIEW residence. Make it yours and walk to the beach.
Location
State FL
County Volusia
Community Wilbur By Sea 02
Zoning R-3
Interior
Interior Features Other
Heating Electric
Cooling Central Air, Wall/Window Unit(s)
Flooring Ceramic Tile, Terrazzo
Fireplace false
Appliance Range
Exterior
Exterior Feature Fence
Utilities Available Cable Available, Electricity Connected, Private
Roof Type Shingle
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Construction Status Pending 3rd Party Appro
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Short Sale
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Bought with JUBILEE REAL ESTATE CORP
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