$350,000

$193/sq ft

$245,000
Price Decreased

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Overview

Bedroom

5

Bath

3

Year Built

1925

Sqft

1818

Property Type

Single Family Residence

Property Description

Massive Price Adjustment – Priced to Sell! Opportunity is knocking at 530 N Ridge Ave in Lake Alfred! Recently appraised at $350,000, this property is back on the market with a fresh price, cleared-out interior, and ready for its next chapter. Situated on nearly ¾ of an acre, this unique property offers incredible flexibility with a main home plus a detached 1 bed / 1 bath guest house, perfect for extended family, rental income, or a private workspace. Built in 1925 this home boast simple , charming elegance Key features include: • No HOA • Roof approx. 5 years old • Two A/C units (2016) • Detached carport • Private pool • Functioning bomb shelter – a rare and interesting bonus! • Located between Tampa and Orlando with quick access to I-4 This is a true investor special / fixer-upper with substantial upside. The property will require renovations, including updates to electrical, plumbing, pool resurfacing, and cosmetic repairs—but the price reflects the condition and leaves room for value creation. Whether you’re an investor, flipper, or buyer looking to customize a home on a large lot, this is a rare chance to secure a property with space, versatility, and long-term potential in a centrally located area. Bring your vision and unlock the possibilities!

Property Details

MLS#

B4902012

Total Floor in Bldg

2

Address

530 RIDGE N

City

LAKE ALFRED

State/county

FL

Zip/Postal Code

33850

Area

Twin Lake Sub

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$870

Maint Fee

$--

Tax Year

2024

Dishwasher

Electric Water Heater

Refrigerator

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Boris Gelfand