


$40,000 INSTANT EQUITY MASCOTTE FL 3BR2BA LTR APPRECIATION PLAY ARV $320K
About this property
$267,500 STARTING - TURNKEY 2021-BUILT 3/2 IN MASCOTTE WITH $320K ARV AND NEAR-ZERO RENO: A LONG-TERM APPRECIATION & DEPRECIATION HOLD Practically-new KB-built home in the Gardens at Lake Jackson Ridge - excellent condition and priced well under recent neighborhood solds. A clean, low-lift buy-and-hold for an investor who wants modern construction, minimal capex, and a long runway of appreciation and depreciation upside in one of the last affordable new-construction pockets of the Orlando metro. PROPERTY HIGHLIGHTS 3 bed / 2 bath single-family, 1,537 sq ft Built 2021 - modern systems, no major capex expected Condition: Excellent (est. reno $0-$10K, cosmetic only) 0.28-acre lot (12,092 sq ft) in the Gardens at Lake Jackson Ridge Forced-air HVAC, finished garage Lake County parcel 10-22-24-0014-000-34500 THE NUMBERS Starting Price: $287,500 Buy-Now: $282,500 ARV: $320,000 Est. Reno: $0 - $10,000 EMD: $5,000 (non-refundable) LOCATION Mascotte sits on the SR-50 corridor in south Lake County, minutes from Lake Jackson and downtown Groveland, ~15 minutes to Clermont's shopping, dining, and chain-of-lakes waterfront, and ~40 minutes to downtown Orlando via SR-50 or the Florida Turnpike. One of the last affordable new-construction pockets in the Orlando metro - strong entry-level demand from commuters and first-time renters. 6409 Quartet St, Mascotte - 3/2, 1,988 sq ft - SOLD $355,000 (06/26/2026) 2316 Crossandra St, Mascotte - 3/2, 1,537 sq ft - SOLD $309,540 (04/30/2026) 2369 Crossandra St, Mascotte - 3/2, 1,537 sq ft - SOLD $304,000 (05/22/2026) 15631 Merlin Ave, Mascotte - 3/2, 1,675 sq ft - SOLD $315,000 (06/29/2026) EXIT STRATEGIES (LONG-TERM APPRECIATION PLAY) Buy-and-hold and harvest depreciation - 2021 build primed for a cost-segregation / bonus-depreciation tax shelter (verify with your CPA) Ride appreciation in the growing SR-50 corridor, then refinance or 1031 into your next hold Phone: Property is being sold AS-IS, WHERE-IS. Buyer to pay all closing costs and title insurance. Cash or hard money only - no conventional or FHA financing. All offers require a $5,000 non-refundable earnest money deposit and an average 7-14 day close of escrow. Equal Opportunity Housing. Broker participation welcome at 3% on top of the buy-now price.
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