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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
Bedrooms 2
Full Baths 1
Year Built 1951
Annual Tax Amount $8,408
Lot Size 0.330 Acres
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
Heating Electric
Cooling Central Air, Wall/Window Unit(s)
Flooring Ceramic Tile, Terrazzo
Exterior
Exterior Feature Fence
Utilities Available Cable Available, Electricity Connected, Private
Roof Type Shingle
Building
Story 1
Foundation Slab
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Short Sale
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Bought with JUBILEE REAL ESTATE CORP