Residential Property - Single Family Residence in Lady Lake
Listing Price: $449,000 (Mortgage Calculator →)
Description of Property
NO HOA! The property sits on a 2.27-acre lot and offers 2,574 SF of living space with 7 bedrooms and 4 bathrooms. It comes partially furnished with furniture, fixtures, and business equipment included. The home has operated as a licensed 6-bed Assisted Living Facility (ALF) for over a decade. The property will be delivered vacant; the seller intends to keep the ALF license active for the next buyer if requested. With NO HOA in place, the next owner may choose to continue operating the home as a residential ALF or explore other permitted uses such as adult day care, a halfway home, or other congregate living arrangements. Safety features include a fire alarm system and a generator. Conveniently located approximately 15 minutes from The Villages. The home is competitively priced at comparable real estate values, offering an opportunity for investors, operators, or homeowners alike. Before the expiration of the due diligence period and closing, the buyer is responsible for verifying room measurements, licensing requirements, permits, zoning, and any other details pertaining to the buyer’s intended use of the property.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Lady Lake
County: Lake
Subdivision: Bonaire Heights
Bedrooms: 7
Bathrooms: 4
Sq. Ft. Gross: 2,854
Sq. Ft. Living Area: 2,574
Cost per (heated) sqare foot: $174
Year built: 1990
Annual Tax: $4,737
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Flooring: Vinyl
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Stucco
Foundation: Other
Roof: Other
Exterior Features: Awning(s)
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Other
Sewer: Other
Water Source: Well
Lot Information
Lot Size (acres): 2.29
Lot Size (sq. ft.): 99,821 square feet
Front Exposure: West
Legal Description & Other Information
Parcel Number: 141824000300004200
Zoning: R-1
Tax Legal Desc.: N 157.79 FT OF S 653.08 FT OF W 1/2 OF SW 1/4 OF SW 1/4--LESS W 33 FT FOR RD R/W-- ORB 4624 PG 1632
Section: 14
Range: 24
Listing courtesy of KELLER WILLIAMS REALTY AT THE PARKS. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.