Active

$350,000

Features:
  • 5 Bedrooms
  • 3 Bathrooms
  • 1818 sq ft
Overview
  • ID: MFRB4902012
  • Bedrooms: 5
  • Bathrooms: 3
  • Size: 1818 sq ft
Property Details
Remarks
Massive Price Adjustment – Priced to Sell! Opportunity is knocking at 530 N Ridge Ave in Lake Alfred! Recently appraised at $350,000, this property is back on the market with a fresh price, cleared-out interior, and ready for its next chapter. Situated on nearly ¾ of an acre, this unique property offers incredible flexibility with a main home plus a detached 1 bed / 1 bath guest house, perfect for extended family, rental income, or a private workspace. Built in 1925 this home boast simple , charming elegance Key features include: • No HOA • Roof approx. 5 years old • Two A/C units (2016) • Detached carport • Private pool • Functioning bomb shelter – a rare and interesting bonus! • Located between Tampa and Orlando with quick access to I-4 This is a true investor special / fixer-upper with substantial upside. The property will require renovations, including updates to electrical, plumbing, pool resurfacing, and cosmetic repairs—but the price reflects the condition and leaves room for value creation. Whether you’re an investor, flipper, or buyer looking to customize a home on a large lot, this is a rare chance to secure a property with space, versatility, and long-term potential in a centrally located area. Bring your vision and unlock the possibilities!
Financial Considerations
Price:
$350,000
HOA Fee:
N/A
Tax Amount:
$870.53
Price per SqFt:
$192.52
Tax Legal Description:
TWIN LAKE SUB PB 4 PG 90 BLK D LOTS 20 THRU 23
Exterior Features
Lot Size:
30000
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
Yes
Pool Features:
In Ground, Screen Enclosure
Interior Features
Bedrooms:
5
Bathrooms:
3
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Electric Water Heater, Refrigerator
Furnished:
No
Floor:
Tile, Wood
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1925
Construction Type:
Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other, Private Mailbox, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    530 N RIDGE AVE
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