Tim Diehl
REALTOR®
BEDS3
BATHS2 full
SQUARE FEET1,444
MLS#G5111533
STATUS(Short Sale) - Active
PROPERTY TYPEResidential - Single Family
SUBDIVISIONTRINITY LAKES
Property Description
Short Sale. This 2022 built home is Lennar's 'Annapolis floor plan, offering a rare opportunity for investors or experienced rehab buyers looking tocapitalize on one of Central Florida's fastest growing markets. Following a 2023 house fire, the property is now in pre-drywall condition, providing a blank slate to rebuild and customize.The structure remains in place with several valuable components already intact, including tile flooring through much of the home, a preserved kitchen island, and a bathroom tub/shower in good condition. The exterior requires comparatively minimal work, while the interior is ready for a full renovation. The backyard is fully fenced, adding immediate usability and value. Groveland continues to experience significant growth, with multiple residential and infrastructure projects recently approved, making this an ideal time to invest ahead of continued expansion and appreciation. Strong resale potential is supported by nearby new construction, community amenities, and ongoing commercial development in the area. Property was previously equipped with a solar system; panels were removed due to the fire (system still operational). This is a true rehab project with strong potential for resale or rental once completed. CASH ONLY. No financing available.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2 car attached
Heating: Central
Lot Size: 0.12 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $2,342
Year Built: 2022
Amenities
Other
Sidewalk
Sliding Doors
Feature Descriptions
Appliances: None
Builder: Lennar
Community Features: Clubhouse, Fitness Center, Pool
Directions: From Hwy 50 & FL-19, take FL-19 N/Howey Rd. Turn left onto Laviance Blvd, left at the 1st cross street onto Dilly Lake Ave, left onto Heart Lake Dr. Home will be on the right.
Exterior: Block
Flood Zone Code: X
Flooring: Concrete, Tile
Foundation: Slab
HOA Fee: 96/ Monthly
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash
Lot: Sidewalk, Paved
Lot Dimensions: 0.12
Model: Annapolis
Number of Pets: 3
Ownership: Fee Simple
Patio/Porch: None
Pets Allowed: Number Limit, Yes
Pets Restrictions: Pet restrictions have not been verified. It is buyer's responsibility to verify pet restrictions with the HOA.
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Go Direct, ShowingTime
Special Sale Provisions: Short Sale
Utilities: Electricity Available, Water Available
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS ELITE PARTNERS III REALTY
Agency Contact: murraycoleman@kw.com
Shown By
Agent Name: Tim Diehl
Agent Phone: (813) 832-5400
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 635.68 per month $389.47 Principal & Interest $195.17 Property Tax $51.04 Homeowner's InsuranceChange Payment Information
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1861 Heart Lake Drive | MLS# G5111533
This single family home located at 1861 Heart Lake Drive , Groveland, FL 34736 is currently listed for sale with an asking price of $175,000. This property was built in 2022 and has 3 bedrooms and 2 full baths with 1444 sq. ft. Heart Lake Drive is located in the TRINITY LAKES subdivision. Search TRINITY LAKES real estate on tdiehl.floridaexecutiverealty.com today.