198 Thompson Ave, Osteen, FL 32764: A Classic Home on a Spacious Lot with Commercial Potential
Discover a truly unique opportunity to own a charming single-family home in the peaceful Osteen area. Built in 1952, this 1-bedroom, 1-bathroom residence offers a functional 860 square feet of living space on a very generous 0.26-acre lot. This is a rare find for a buyer seeking an affordable home with a practical layout and an expansive amount of land.
This home has been well-maintained and provides a great foundation for a new owner. The home’s solid, single-story construction with a concrete block and stucco exterior provides a sturdy foundation for years to come. The interior has a combination of flooring, and features forced-air heating for comfort in Florida’s climate. The lot is oversized, providing ample space for a future addition, an expansive garden, or a workshop.
The true value of this home lies in its central location and its potential for a buyer to add their personal touch. The neighborhood offers a quiet, rural feel while keeping you close to all the conveniences of the city. The property is conveniently located just minutes from major highways and roads, including FL-415, making the commute to all of Central Florida’s attractions a breeze. With no HOA to restrict you, you have the freedom to customize your property without restrictions.
Key Features & Location Highlights:
- Affordable & Accessible: This home offers a great entry point into the Osteen real estate market, with an estimated value of $160,500.
- Large Lot: The generous 0.26-acre lot is a fantastic feature, offering a sense of space and privacy.
- Functional Layout: The single-story floor plan with 1 bedroom and 1 bathroom is practical and comfortable.
- No HOA: Enjoy the freedom of a property with no homeowner’s association fees or rules.
- Prime Location: The home is conveniently located just minutes from major highways and roads, including FL-415, and is a short drive from Orlando and Daytona Beach.
- Investment Potential: The property is ideal for a full remodel or a new build, with the opportunity to create a custom home in a highly desirable area.
- Nearby Amenities: You are just a short drive from local staples like the Osteen Diner and other daily conveniences.
- Great Schools: The property is zoned for well-regarded Volusia County Public Schools, including Osteen Elementary School.
This property is a remarkable value proposition for anyone looking for a well-located home with a solid structure and the freedom to add their personal touches. Its combination of a prime location, a functional layout, and a peaceful setting makes it a fantastic place to call home.
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