Priced to sell at $359, 900, this 3-bedroom, 2. 5-bathroom, one-story home offers exceptional value. 1159 Collins Ave is located in the desirable Orange City Estates on a full acre of land—a rare find in the area. In fact, it’s the only property on an acre currently available for sale at this price point within a 4-mile radius, making it a fantastic opportunity for investors, flippers, or families looking to create their perfect home.
Built in 1986, this home offers 2, 361 sq. ft. of living space with no HOA restrictions, providing the freedom, space, and flexibility to meet your vision. The single-story layout ensures no stairs to worry about, offering convenience and ease. Located in a great neighborhood, this home combines comfort, privacy, and potential.
The home features updated bathrooms, including a new stand-up shower in the primary suite. The main HVAC system was replaced just four years ago, and partially installed hardwood floors provide a solid foundation for further customization.
While the home needs a little TLC, it’s full of possibilities. The fully fenced backyard offers ample space for outdoor activities, pets, or storage, with multiple sheds already in place. There’s also room to park an RV or boat and add a pool to create your dream outdoor oasis. Adding charm, the front yard features blooming jasmine plants every spring, filling the air with their fragrance for three months.
Conveniently located just minutes from Lake Emerald and Blue Spring State Park, you’ll enjoy access to scenic trails, natural springs, and local wildlife. Additionally, the home is only 36 minutes from Universal Studios, 45 minutes from Magic Kingdom, and 28 minutes from Downtown Orlando, placing all of Central Florida's attractions within easy reach.
Whether you’re investing, flipping, or looking for a place to call home, 1159 Collins Ave offers a unique blend of space, flexibility, and value. Don’t miss this rare opportunity to own a one-story home on an acre at this incredible price!
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$359,900
William Raveis Real Estate
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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 | $287,920 | $287,920 | $287,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $531 | $531 | $531 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,989 | $1,914 | $2,428 |
Total Monthly Payment | $2,594 | $2,519 | $3,033 |
* 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.