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5240 ROYAL OAK DRIVE

House Recently Sold
$232,000

BTC: 2.77445587

ETH: 95.39473684

Sold on: 2024-04-05
New
3 bds
2 ba
1,620 sqft

Overview

Welcome to Kings Cove, a charming community nestled in the picturesque town of Fruitland Park, Florida, just a stone's throw away from the serene shores of Lake Griffin. This idyllic neighborhood offers residents a tranquil retreat with easy access to both natural beauty and urban conveniences. Situated near Lake Griffin, one of the largest lakes in the state, Kings Cove provides residents with ample opportunities for outdoor recreation and leisure. Whether it's fishing, boating, or simply enjoying a leisurely stroll along the waterfront, Lake Griffin offers a peaceful escape for nature enthusiasts and water lovers alike. The lake's pristine waters and scenic surroundings make it a popular destination for residents seeking to connect with the great outdoors. In addition to its natural beauty, Kings Cove benefits from its proximity to the vibrant town of Fruitland Park. With its quaint downtown area and friendly atmosphere, Fruitland Park offers a range of amenities and attractions for residents to enjoy. From local shops and restaurants to community parks and recreational facilities, there's always something to see and do just minutes away from home. For those seeking a bit more excitement, nearby cities such as Leesburg and The Villages offer additional shopping, dining, and entertainment options. Whether it's exploring the charming boutiques and eateries of downtown Leesburg or experiencing the lively atmosphere of The Villages' town squares, residents of Kings Cove are never far from the action. Despite its close proximity to urban amenities, Kings Cove retains a peaceful and laid-back atmosphere, making it an ideal place to call home for those seeking a balance between convenience and tranquility. With its scenic surroundings, recreational opportunities, and friendly community atmosphere, Kings Cove offers residents the best of Florida living near the shores of beautiful Lake Griffin. Our home is an investor's dream property nestled on a spacious corner homesite, offering endless potential and the promise of lucrative returns. The home boasts 2 bedrooms, 2 bathrooms, and an inviting pool, making it an ideal investment opportunity for those looking to capitalize on its charm and renovate to unlock its full potential.The kitchen, while functional, awaits a makeover to truly shine. With its ample cabinet space and a convenient layout, it presents an opportunity for renovation to create a gourmet chef's kitchen or a stylish culinary haven. The bedrooms are generously sized, offering comfortable retreats for relaxation and rest.However, the true highlight of this property lies outdoors, where a sparkling pool awaits. Whether it's a refreshing dip on a hot summer day or a tranquil oasis for unwinding after a long day, the pool area offers endless possibilities for enjoyment and relaxation. With some attention and investment, this outdoor space could be transformed into a stunning focal point, perfect for outdoor gatherings and entertaining. In summary, this investor's property presents a rare opportunity to acquire a home with great bones and a desirable location, coupled with the potential for value appreciation through renovation and upgrades. With some vision and investment, this property could be transformed into a stunning oasis, offering both comfort and profitability for years to come.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1981
Lot:
0.41 Acres
Heating:
Central
Price/sqft:
$148
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$319,900
$203K – $401K
Confidence Low
List vs. estimate
$79K below estimate
List $240,000 · -25.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$148
-26.0% vs. city median $200
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,724
2023
Pool
In Ground
Garage
2 car garage
All facts and features
  • Flooring

    • Carpet

    • Laminate

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Range

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Rain Gutters

    Lot

    • Lot: 0.41 Acres

    Other Property Information

    • Parcel Number: 011924018000A00100

    • Zoning: R-3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

  • Other financial information

    • Annual tax amount: $1,724

  • Source details

    • MLS ID: A4604483

    Other facts

    • Construction Materials: Brick / Wood Siding

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Pool Features: In Ground

    • Direction Faces: Northwest

    • Fireplace: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1620

    • Water Source: Public

    • Lot Size Dimensions: 118 x 150

    • Subdivision Name: KINGS COVE ADD 04

Private inquiry
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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: RE/MAX PREMIER REALTY