Lakefront Super Deal 24% ROI

Lakefront Super Deal 24% ROI

5 bed 3 bath 4176 sq ft Built in 1991 Single Family
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65
Quality of Comparables
Low High
14 /20
Level of Rehab
Heavy Light
6/20
Location of Neighborhood
Far Close
18/20
Quality of Floor Plan
Choppy Flowing
13/20
School Rating
F A
5/10
Placement in Neighborhood
Busy Calm
9/10
Property Details

Lakefront Investment Opportunity – Now Offered at $385,000

330 Callitris Avenue presents a compelling value-add opportunity on Lake Agnes in Polk City. At approximately $92 per heated square foot, the discounted acquisition price provides significant room for renovation and potential appreciation.

Nearby comparables demonstrate the property’s upside:

  • 134 Bayberry Drive: Offered at $730,000
  • 102 Bayberry Drive: Offered at $665,999
  • 805 Lakeshore Drive: Sold for $423,000 despite being significantly smaller and offering only a lake view—without direct lake access

Now priced at $385,000, 330 Callitris Avenue is offered below the smaller Lakeshore Drive sale while benefiting from direct lake frontage and considerably more living space. The substantial price difference between this property and nearby renovated or market-ready homes creates a promising opportunity for an investor with the vision and resources to complete the necessary improvements.

Bring your contractor, evaluate the numbers, and secure this discounted lakefront opportunity before another investor does.

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We recommend flip
Rental Income
$5,000 mo. / $60,000 yr.
Estimated Taxes
$5,000 / yr.
Maintenance
$2,500 / yr.
HOA Dues
$0 / yr.
$41,500
Projected Income
8.06%
Estimated APY
$147,500
Projected Income
25.32%
Estimated ROI

Comps

 
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Sold

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