915 W Ilex Dr, Lake Park, FL 33403

An outstanding investment opportunity or a fantastic starter home, this 3-bedroom, 2-bath single-family home at 915 W Ilex Dr in Lake Park, Florida, offers incredible value. With a Zestimate® of $331,100 and an estimated refinance payment of $2,231/mo, this 984 sqft residence is a great find in a market where the median sold home price in the 33403 zip code is approximately $365,000 to $470,500.

Property Highlights:

• Exceptional Value: This home is priced well below the market median, making it a highly accessible entry point into the competitive Lake Park market. The price per square foot of approximately $337 is slightly above the median, but the property’s size and features make it a strong value proposition.
• Investment Potential: This property has a compelling history of appreciation, with a multi-property sale in 2018 for a substantial amount. It also last sold for a much lower price in 2014, showing its strong potential for future value growth. The property has also been successfully listed for rent in the past, highlighting its potential as an income-producing asset.
• Classic Charm & Updates: Built in 1958, this home features classic concrete block and stucco construction. The listing mentions that the home has been updated with tile flooring throughout, central A/C, and a huge backyard with fruit trees.
• Functional Layout: At 984 sqft, this home offers an efficient and functional living space for a family. It features a great layout with a separate dining area and laundry/utility room. The large 9,583 sqft lot provides plenty of room for outdoor activities.

Don’t miss out on this incredible chance to own a piece of the thriving Lake Park real estate market. This home offers the perfect blend of location, value, and potential.

Contact us today to schedule your private tour!