Discover incredible value and a low-maintenance lifestyle in this charming 2-bedroom, 2-bath condo at 731 Park Ave APT A4 in Lake Park. With an estimated Zestimate® of $169,700 and a low estimated refinance payment of $1,358/mo, this 1,077 sqft residence is an exceptional opportunity, especially when you consider the median sold home price in the 33403 zip code is approximately $365,000.
Property Highlights:
- Unbeatable Price: This condo is priced significantly below the area’s median home value, making it a highly accessible entry point into the competitive Lake Park market. The price per square foot of approximately $158 is a great value, especially compared to the area’s median price per square foot of $273. It last sold in 2021 for $146,000 and has since had a list price of $144,500, showing its strong potential for appreciation.
- Spacious & Functional: With 1,077 sqft and a 2-bedroom, 2-bath layout, this condo offers a comfortable living space with a split floor plan and a screened patio. The unit features tile floors throughout, central air conditioning, and in-unit washer and dryer.
- Solid Construction: Built in 1982 with concrete block/stucco construction, this unit has a solid, well-established structure and a timeless feel that is a perfect canvas for your personal touches.
- Investment Potential: This property presents a fantastic opportunity for a savvy investor. The competitive price point, combined with its spacious layout and desirable location, makes it a smart long-term investment with strong potential for appreciation and rental income. A previous listing noted a rental rate of $2,243/mo, highlighting its potential as an income-producing asset.
Don’t miss out on this incredible chance to own a piece of the thriving Lake Park real estate market at a fraction of the cost. This home offers the perfect blend of location, value, and potential.
Contact us today to schedule your private tour!
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