10818 111th STREET, Seminole, FL, 33778 | $549,000

DOUBE LOT. TWO PARCELS. SELLER MOTIVATED. Welcome to this rare and exciting opportunity to own a lakefront property with endless potential, nestled in the heart of Seminole. This 4-bedroom, 1. 5-bathroom home is waiting for its new owners to reimagine the space and make it uniquely theirs. Whether you’re looking to create your dream home, an investment opportunity, or both, this property offers incredible flexibility.
Sitting on a double lot, the property includes two parcels, with the second lot zoned and buildable for a single-family residence. Imagine the possibilities: expand the existing home to create more living space, build a second home for extended family, or construct an investment property to generate additional income. The options are as limitless as your imagination!
The existing home features generous living areas with a garage conversion, providing a solid foundation to renovate or remodel to suit your tastes. Natural light floods the living spaces, and the layout allows for easy updates to create an open-concept design if desired. Outside, the sprawling backyard offers ample room for outdoor entertaining, gardening, or simply soaking in the peaceful lakefront views from your screened in patio. Perhaps the most special feature of this property is its prime lakefront, corner-lot location, offering stunning water views and the tranquil ambiance of lakeside living. Conveniently located near shopping, parks and restaurants. Whether you’re looking for a forever home, a weekend retreat, or an investment opportunity, this Seminole property offers a unique chance to make your real estate dreams a reality. Don’t miss out on this extraordinary lakefront property with room to grow and the opportunity to make it your own! Being sold AS-IS. Seller will consider selling parcels separately. Storage shed on vacant parcel has power.

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 1 full / 1 half
  • Laundry: Inside, Laundry Room
  • Style: Ranch
  • Year Built: 1972
  • Garage: Driveway, On Street
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,323
  • Acreage: 0.26
  • Est. Taxes: $1,060
  • Lot Desc: Corner Lot, Unincorporated
  • View: Water
  • Elem. School: Fuguitt Elementary-PN
  • Middle School: Osceola Middle-PN
  • High School: Seminole High-PN
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8308518
  • Days on Market: 78 days
  • Website: https://www.raveis.com
    /prop/TB8308518/10818111thstreet_seminole_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 5:03:13 AM)
Listing courtesy of REALTY ONE GROUP SUNSHINE   Phone: 727-293-5100

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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10818 111th STREET, Seminole, FL, 33778

$549,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $439,200 $439,200 $439,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $88 $88 $88
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,959 $2,919 $3,704
Total Monthly Payment $3,139 $3,099 $3,884

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.