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Off-Market$390K spread
+30 photos
Lake County · Groveland, FL 34736
Groveland SubTo — $14K Entry | 5.875% FHA Loan
$19,000
$390K spreadNew construction
About this property
ENTRY
- Cash to Close: $14k + Closing Costs + TC ($1250)
- Purchase Type: Subject-To the Existing Mortgage
PROPERTY OVERVIEW
- 4-bedroom, 3-bathroom home
- 2,206 sqft of living space
- Built in 2025
- Lot Size: 6,111 sqft
- Located in Groveland, FL 34736
LOAN DETAILS (SUBJECT-TO)
- Remaining Mortgage: $384,357.95
- Interest Rate: 5.875%
- Total PITI: $3,138.19/month
- Principal: $418.31/month
- Interest: $1,881.75/month
- Taxes/Insurance: $838.13/month
- Loan Type: FHA
- HOA Payment: $117.00/month
RENTAL STRATEGY & RETURNS
Buyer to underwrite based on preferred exit strategy. No rent projections provided.
Property snapshot
Layout4 Bed / 3 Bath
Living area2,206 sq ft
Lot size6,111 sq ft
Year built2025
Property typeLand
CountyLake County
Deal details
Asking price$19,000
ARV estimate$409,000
Spread (ARV − asking)$390,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134
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