$250,000
110 GATES AVE, LAKE PLACID, FL 33852
ActiveProperty details
About this home
Welcome to this one-of-a-kind home in the desirable Placid Lakes community! This spacious 3-bedroom, 2.5-bath residence offers approximately 2,475 square feet of living space and blends comfort, character, and outdoor living. Built in 2005, the home features an open-concept floor plan with soaring cathedral ceilings, a large center island, and a cozy wood-burning fireplace that creates the perfect gathering space. Fresh interior paint and a newer roof from 2024 add peace of mind and move-in-ready appeal. The oversized primary suite boasts a luxurious ensuite bath and an impressive walk-in closet, while the secondary bedrooms allows generous space and storage. Unique architectural details, stamped concrete flooring, and custom brick and stone accents throughout the home provide charm you won't find elsewhere. Step outside to your private retreat featuring a covered porch, waterfall fountain, and picturesque golf course views. New drainage improvements, including an on-site trench, swales, and drainage system, help direct excess water away from the property and improve water flow. These improvements provide added peace of mind during Florida's rainy season, allowing you to enjoy the beautiful lake and golf course surroundings and the benefits of living near the water. The oversized 2-car garage provides ample room for vehicles, tools, and recreational equipment. The property recently experienced flooding, with water levels reaching approximately 8 inches. One of the rooms has an estimated 6-inch slope in the floor, and there is a possibility of mold resulting from the recent flooding. The property will require further inspection, evaluation, and repairs. Buyers should conduct their own due diligence regarding the extent of the water damage, potential mold remediation, structural conditions, and any necessary restoration work. Property is being offered AS-IS. Seller will make no repairs or warranties regarding the property's current condition. This is an opportunity for buyers with the vision and resources to take on a substantial renovation project and potentially restore the property to its full potential. **The listing agent is the owner of the property.**
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Listings courtesy of Stellar MLS as distributed by MLS GRID. MLS #MFR794361499. Listing brokerage: NEX-GEN FLORIDA REALTY, INC.. Status: Active.
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