tomo logo

$650,000

Beds
3
Baths
2.0
sq ft
1,756

1769 S Lake Reedy Blvd, Frostproof, FL 33843

1769 S Lake Reedy Blvd

FROSTPROOF, FL 33843

  • 12 days on market
The home they never wanted to sell! Here's the Florida Lake Front Retreat that YOU'VE been looking for. Properly situated on Central Florida's Fresh Water Lake Reedy in Frostproof, it is FAA APPROVED for your Sea Plane and home to the LAKE REEDY BASS FISHING TOURNAMENT for your fishing desires. The Breathtaking Sunsets from the 140ft dock or the Sancturary of the 35x24 Enclosed Porch provide all the serenity you need to recharge from your day. Not to mention the Luxury Swim Spa providing you with an endless swimming experience. Your next home offers a blend of modern luxury and timeless charm. You can Live off of the land with almost half an acre of private land. Add to the Fruit trees(grapefruit, cherry, orange, lemon, banana) and create your own nursery around the chicken coup. Can even fish from the Private Beach if you choose. As we enter your home you're immediately greeted with an OPEN CONCEPT, noticing that Lake Views are apparent in almost every location in the home. Providing you with plenty of Natural Sun Light. The home flows straight into the Kitchen/Family room setup which is ideal for entertaining friends and family from your Chefs Kitchen. Enjoy the New Premium Stainless Steel appliances until your hearts content. You can enjoy delicacies like Smores with your Dual-Sided Wood Burning Chimney with Family in the living room or even in privacy from your Master Suite. Speaking of, the Vintage accents throughout the home continue to provide more charm into the master. The Master Bath was Fully Remodeled leaving you the choice of bathing in a luxurious Pedestal Bathtub or rainfall Standup Shower. Moving along, the Master Closet provides the convenience of space and storage while providing the serenity of overlooking the lake. Some more features of the home is the Massive 46.5 ft long florida room perfect for more common space, the 2.5 Car Garage perfect for your toys, the convenience of a half circle driveway with plenty of space for even an RV complete with 50 amp hook up. The 2019 roof. Your next Florida retreat is the result of all of the Love from the previous owners. That Love certainly will extend to you once you see this home. Schedule to see today!!!

Details

Property type

Single Family Residence

Est. home value

$421,475

Lot size

0.43 acres

Price per sq ft

$371

Year built

2001

Annual property taxes

$4,231.88

HOA

No

Price History

01/01/2025
StellarMLS

StellarMLS #P4933181

Listed
$650,000
+170.83%
05/16/2016
StellarMLS

StellarMLS #P4708457

Sold
$240,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Airport/Runway

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$262,410
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$335,590
Cash to seller
$262,410

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

August 2021

Original loan amount

$362,316

Est. remaining balance

$335,590

Interest rate

3.02%

Loan type

FHA, 30 year

Seller

Kelly Ann Hitt and Jerry Duwayne Hitt Ii

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/13/2025 at 2:50 PM

Listing updated: 01/03/2025 at 2:00 PM

Listed by: Branden Ross, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #P4933181

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