Property is located at the east side of Grassy Lake in Lake Placid, Florida, Lake Placid, FL is 18 miles south of Sebring, Florida, 90 miles to Walt Disney World, 97 miles to Universal Studios Orlando, 113 miles to Busch Gardens, Tampa, 90 miles to Palm Beach, FL, 68 miles to Fort Myers, FL, 105 miles to Naple, FL, 130 miles to Fort Lauderdale, FL and 150 miles to Miami, FL. Click for Google Map
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This 4 Bedroom 4 Bath Lakefront Home with screen enclosed porch is a liquidation/lender remarketing item located at 88 Mandolin Drive, Lake Placid, FL 33852. There is a dock with boat house directly on Lake Grassy. Several rooms in house fitted with tumbled marble flooring in excellent condition. Electric forced central air conditioning is in good condition. Interior walls and ceiling in good condition. Kitchen has porcelain sink with faucet in good condition, tumbled marble countertops and backsplash. Appliances include stainless steel Frigidaire brand dishwasher, range/cook top and oven, microwave, refrigerator that are all in good condition. Cabinets in kitchen are cherry wood and in good condition.
Master bedroom has large walk in closet, ceiling fan, and French doors leading to the patio that has brick pavers. First bath has shower/tub combination, porcelain sink with cherry wood vanity and porcelain toilet in good condition. Second bath has tiled floor with shower, porcelain sink and toilet that are all new in good condition. Water heater is in good condition. Heating system with pump/blower fan is in good condition. Ducts/air supply are in good condition. Electrical panel is 200 amp for 110/220 service that is in good condition, but was not tested by electrician.
Second bedroom has two sets of French doors, one set leads to exterior patio covered with pavers and second set opens to living/dining area near kitchen.
Third Bedroom has French doors leading to dining/living area and a door leading to the front hallway. Also has a bay window on the front of the house in this room.
Fourth Bedroom/loft has an adjoining full bath with shower. Room has bay window on front of the house, vaulted cedar beam ceiling, reclaimed wood flooring, view of downstairs living/dining area, windows with gorgeous lake views, and door leading to roof of patio/balcony overlooking lake.
Third bathroom has tumbled marble flooring, glass enclosed shower, French country style cabinets and vanity and porcelain sink.
All exterior doors appear to be in good condition. Windows are all working and in good condition. Roof is in good condition, no leaks or any damage. Roof age is approximately 7 years old.
The driveway is brick pavers in good condition. Landscaping was recently maintained and in good condition. Dock, boathouse and bulkhead are in good condition. Overall house is in excellent condition for its age. The closing will be done with a licensed Florida Title Insurance Company and the buyer will pay for the closing costs and title insurance. Sample Hud statements can be provided upon request.
General Property Information:
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Payment of bid, default Buyer shall be obligated to pay a deposit equal to 5% of the bid amount not later than the close of business on the third business day following the close of bidding.Payment instructions will be sent via buyer’s listed e-mail following the close of the auction. Payment may be made by bank wire, by credit card through Paypal (LIMITED TO $10,000 PER ITEM), by sending a cashier's check by mail, or by direct deposit of a cashier's check into the USauctions trust account. NO CASH OR PERSONAL CHECKS ACCEPTED. Payment in full by collected funds is due no later than 20 days following the close of bidding. Buyer shall be responsible for payment of closing costs, including title insurance. In the event buyer fails to make all or any portion of the initial deposit or final payment as required hereunder, Buyer shall be in default and Buyer’s right to purchase shall terminate. In the event buyer defaults, Buyer shall be obligated to pay a fee to USauctions equal to 10% of the bid amount. Buyer agrees to pay reasonable attorney fees incurred in any action to collect any sums due from Buyer. The venue for any action pertaining to the sale of this item shall be Broward County, Florida and shall be governed by the law of the State of Florida.
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