$50,000
Pending · 49 days on market · MLS# MFRO6389675
| Bedrooms | 2 |
|---|---|
| Bathrooms | 1 |
| Living area | 630 sq ft |
| Lot size | 0.22 acres |
| Year built | 1961 |
| Property type | Single Family Residence |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $1,153 |
| County | Marion |
Opportunity property located at 3922 NE 16th Ct offering strong value for investors, builders, or buyers seeking a redevelopment project! The existing structure requires significant renovation or potential demolition and is being marketed primarily for the value of the land. Situated on a desirable residential lot, this property presents the chance to build new or create a custom residence in an established neighborhood. The lot provides a solid foundation for redevelopment and is well suited for a new construction home or long term investment. Surrounding properties reflect ongoing improvement and redevelopment activity, supporting future upside for the right buyer. This is an ideal purchase for contractors, developers, or investors looking for a project where the primary value lies in the land and location rather than the existing structure. Property is sold as is and buyers are encouraged to perform their own due diligence regarding renovation feasibility or new construction potential.
Listing courtesy of Dustin Bragg, MARK SPAIN REAL ESTATE. Presented by MC Homes Realty Inc · 727432218.