1861 Heart Lake DriveGroveland, FL 34736Price: $175,000

  • Price: $175,000
  • Est. Mortgage of $/month
  • 15 Days on Market
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$/month over payments
Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $175,000List Price
  • 3Bedrooms
  • 2Full Bath
  • 1,444Square Feet
Under contract-accepting backup offers. Short Sale. This 2022 built home is Lennar's “Annapolis” floor plan, offering a rare opportunity for investors or experienced rehab buyers looking to capitalize 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 Details of 1861 Heart Lake Drive

Property Details

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$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.37% last updated on May 7, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Brandie Mathison-Klein of KELLER WILLIAMS ELITE PARTNERS III REALTY (murraycoleman@kw.com)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 14, 2026 3:00 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and 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 by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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