About This Home
This 2-bedroom, 2-bathroom condo at 8649 Lake Isle Drive in Temple Terrace, FL is listed for $125,000 ($115 per sqft). Built in 1975, the home offers 1,085 sqft of living space on a 0.02 acres lot.
Key Features
- Built in 1975
- 0.02 acre lot
Property Details
Short Sale. Bring your vision to this renovation opportunity in Meadowood Condominium Village! This 2-bedroom, 1.5-bath condominium offers approximately 1, 085 square feet of living space, a one-car covered carport, and an opportunity for an investor or experienced renovation buyer to complete the property to their own specifications.
This is a substantial rehabilitation project, but much of the interior demolition appears to have already been completed. Flooring has been removed and portions of the interior have been opened up, giving the next owner a head start on the renovation and an opportunity to redesign finishes from the ground up.
The property is not currently in habitable condition and will require significant work prior to occupancy. Meadowood is an established condominium community offering mature landscaping and recreational amenities that include multiple swimming pools, tennis courts, a clubhouse, and walking paths.
The community's Temple Terrace location also provides convenient access to USF, area medical centers, shopping and dining, as well as I-75, I-275 and I-4 for travel throughout the Tampa Bay area. For the right buyer, this is an opportunity to take a largely stripped-down interior and create something entirely new without paying for someone else's cosmetic renovation first.
Due to the property's present condition, cash or appropriate renovation/hard-money financing is anticipated. Buyers utilizing financing should confirm property-condition requirements directly with their lender prior to submitting an offer. Property is being sold AS-IS and requires substantial rehabilitation.
Buyers are strongly encouraged to conduct their own inspections and independently verify the condition and functionality of all systems, components, appliances and improvements, as well as current condominium amenities, fees, restrictions, insurance requirements and association requirements. Agents: Please review all private remarks and MLS supplements prior to scheduling a showing or submitting an offer.
Monthly Cost Estimate
$669/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8649 Lake Isle Drive
Temple Terrace, FL 33637
Questions & Answers
This 2-bedroom, 2-bathroom condo at 8649 Lake Isle Drive is listed at $125,000 ($115/sqft). The estimated monthly payment is $668 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1975, 0.02 acre lot.
This property is listed by Jon McLeod.
Jon McLeod
Agent at NextHome, Inc





