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551 NW CROCUS LANE

House Recently Sold
$170,000

BTC: 2.65625000

ETH: 97.36540664

Sold on: 2024-09-11
2 days
1 bds
1 ba
912 sqft

Overview

Investor's Dream! Charming single family home on 2.02 acres with expansion potential. Attention investors, this unique residential home is an incredible opportunity for those looking to invest in a property with endless potential! Situated on just over 2 acres in the subdivision of Rainbow Lakes Estates this home offers nature and serenity at its finest. Featuring an open floor plan with wow factor when you enter. This open floor plan seamlessly combines a gorgeous kitchen with stone features, living room complete with a cozy fireplace for cooler nights. This home is perfect for modern living and entertaining. Currently configured as a 1 bedroom, 1.5 bath residence, this home offers flexibility and room for growth with over 1600 sq ft under roof. With ample space, there's potential to add a second bedroom suite or create in-law accommodations to maximize its value. The outdoor shower on the screened in porch add a touch of convenience when working in the garden or partaking in outdoor activities. Rainbow Lakes Estates boasts wonderful amenities such as tennis, baseball diamond, playgrounds, walking trail, outdoor racquetball, clubhouse and 2 lakes without HOA fees. This property is cash only making it a prime investment opportunity for those ready to unlock its full potential. Don't miss out on this rare find- schedule your showing today and imagine the possibilities.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
2007
Lot:
2.02 Acres
Heating:
None
Price/sqft:
$186
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$249,999
$192K – $294K
Confidence Low
List vs. estimate
$79K below estimate
List $170,000 · -32.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$186
+0.6% vs. city median $185
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$783
2023
All facts and features
  • Flooring

    • Tile

    Heating

    • None

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Dishwasher

    • Dryer

    • Range

    • Washer

    Other interior features

    • Living Room/Dining Room Combo

    • Primary Bedroom Main Floor

    • Stone Counters

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Bathrooms: 1

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Outdoor Shower / Private Mailbox / Storage

    Lot

    • Lot: 2.02 Acres

    Other Property Information

    • Parcel Number: 1814013002

    • Zoning: R1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $783

  • Source details

    • MLS ID: OM684417

    Other facts

    • Construction Materials: HardiPlank Type

    • Foundation Details: Slab

    • Fireplace Features: Electric / Living Room / Non Wood Burning

    • Laundry Features: Inside

    • Lot Features: Cleared

    • Direction Faces: West

    • Fireplace: Yes

    • Water Body Name: BONABLE LAKE

    • Living Area: 912

    • Water Source: Well

    • Subdivision Name: RAINBOW LAKES ESTATE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: FLORIDA HOMES REALTY & MORTGAGE