Short Sale - Fixer Upper
Address
1861 Heart Lake Drive, GROVELAND, FL
Price
$ 175,000
Property Attributes
  • MLS#G5111533
  • TypeSingle Family
  • Listing Status Pending
  • CountyLake
  • CityGROVELAND
  • AreaGroveland
  • NeighborhoodTRINITY LAKES PH 1
  • Zip34736
  • StyleOther
  • Year Built2022
  • Taxes$ 2342
  • Price$ 175,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1444
  • Lot Size0.12 Acres
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. Short Sale. This 2022 built home is Lennar’s “Annapolis” floor plan, offering a rare opportunity for investors or experienced rehab buyers looking to capitalize on one of Central Florida’s fastest growing markets. Following a 2023 house fire, the property is now in pre-drywall condition, providing a blank slate to rebuild and customize.The structure remains in place with several valuable components already intact, including tile flooring through much of the home, a preserved kitchen island, and a bathroom tub/shower in good condition. The exterior requires comparatively minimal work, while the interior is ready for a full renovation. The backyard is fully fenced, adding immediate usability and value. Groveland continues to experience significant growth, with multiple residential and infrastructure projects recently approved, making this an ideal time to invest ahead of continued expansion and appreciation. Strong resale potential is supported by nearby new construction, community amenities, and ongoing commercial development in the area. Property was previously equipped with a solar system; panels were removed due to the fire (system still operational). This is a true rehab project with strong potential for resale or rental once completed. CASH ONLY. No financing available.

Price History
4/30/2026 Listed $175,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available,Water Available
Roof Shingle
Appliances None
HOA Fee 96
Garage Spaces 2
Patio/Porch Features None
Architectural Style Other
Construction Materials Block
Pets Allowed Number Limit,Yes
Year Built 2022
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Clubhouse,Fitness Center,Pool
Assoc Fee Paid Per Monthly
County Lake
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name TRINITY LAKES PH 1
Facing Direction North
Garage Y/N true
Total Rooms 3
Full Baths 2
Status Pending
Directions From Hwy 50 & FL-19, take FL-19 N/Howey Rd. Turn left onto Laviance Blvd, left at the 1st cross street onto Dilly Lake Ave, left onto Heart Lake Dr. Home will be on the right.
City GROVELAND
Association Name Leland Management/Morgan Skrabalak
Senior Community Y/N false
MLS Area 34736 - Groveland
Lot Size Units Square Feet
Lot Size Square Feet 5122
Carport Y/N false
Listing Terms Cash
Land Lease Y/N false
Tax Annual Amount 2342
Property Condition Fixer
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Builder Name Lennar
Standard Status Active Under Contract
Occupancy Type Vacant
Tax Lot 124
Legal Description TRINITY LAKES PHASE 1 AND 2 PB 74 PG 7-14 LOT 124 ORB 5927 PG 2367
Minimum Lease 7 Months
Water Access Y/N false
Monthly HOA Amount 96
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes

Interior Features

Interior Amenities Other
Flooring Concrete,Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Other
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Exterior Amenities Sidewalk,Sliding Doors
Lot Features Sidewalk
Water Source Public
Lot Size Area 5122
Foundation Details Slab
Building Area Total 1851
Lot Size Acres 0.12
Road Surface Type Paved,Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 2
Road Frontage Type Street Paved
Builder Model Annapolis

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34736

Price
AVG $500K
$180K
Taxes
AVG $4,289
$2,342
Year Built
AVG 2016
2022

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