Off-Market~$100K Spread

3BR / 1BA — 816 sq ft, Lowest Entry on the Board

Lake County · Leesburg (34748)
Starting at $64,900

The cheapest way onto this board, with the seller's after-repair figure at more than double the entry.

About This Property

Eight hundred and sixteen square feet, three bedrooms and one bath, built 1959. Small, and priced accordingly — this is the lowest entry point currently on the board.

The seller's renovation allowance is $46,200, which is large relative to the purchase price and tells you this is close to a full interior rebuild rather than a cosmetic pass. That ratio is the thing to underwrite: on a house this small, a scope that size leaves little room for surprises. The photographs show an occupied, cluttered property, so price a clean-out as well. Leesburg rents steadily and the seller estimates $1,500 a month.

Property Details

  • Property typeSingle-family
  • Bedrooms3
  • Bathrooms1
  • Living area816 sq ft
  • Year built1959
  • Estimated taxes~$1,500/yr
  • CountyLake
  • Street addressOn record — released to registered buyers

Condition & Scope

  • Scope⚠ Seller allows ~$46,200 against a low entry price — effectively a full interior rebuild
  • OccupancyOccupied and cluttered in the seller's photographs — price a clean-out
  • Bathroom countOne bath on a 3-bed — consider whether adding a second is in scope

Comparables

  • Seller-provided after-repair value of $165,000 — not independently verified by us
  • Seller's renovation allowance: ~$46,200
  • Seller estimates rent at ~$1,500/mo

Ask and we will pull county sold comps and underwrite this deal with you before you offer.

Offer Terms

  • Accepted financingCash · hard-money / private
  • Proof of fundsRequired with offer
  • Earnest moneyDue at contract signing
  • Closing costsTypically buyer-paid
  • TimelineQuick close preferred

Terms are typical for these opportunities — exact figures and title company confirmed with your offer.

How It Works

Is this property on the MLS?

No. These are off-market opportunities shared privately with our buyer network before they ever hit the open market — so you avoid bidding wars and retail competition.

Can I walk the property before I offer?

Yes — walkthroughs are by appointment. Reach out and we'll coordinate access or share a walkthrough video where one is available.

What do I need to lock it up?

A signed agreement, proof of funds, and an earnest-money deposit. Cash or hard-money / private financing moves fastest.

Do you have comps and a full numbers breakdown?

ARV and rehab figures on most listings come from the seller, and we label them that way rather than presenting them as our own analysis. Ask, and we will pull county sold comps and underwrite the deal with you before you make an offer. On some listings that work is already done.

How quickly can we close?

As fast as title allows. Quick, clean closings are preferred and often part of securing the best price.

To schedule a walkthrough or submit an offer, contact:
Stephen Tilton — FLA Private Deals
📲 407-955-2759  |  📧 StephenLifeFL@gmail.com
Unlock Address & Numbers

All figures (after-repair value, rehab estimates, rents, and spreads) are estimates provided for investor convenience and are not guaranteed. Buyers should perform their own due diligence and verify all numbers, condition, square footage, and zoning independently. Property offered for off-market sale; details subject to change or prior sale.