$250,000
168 W WILBUR Avenue, Lake Mary, FL 32746
Crystal Lake Homesites
- Price
- $250,000
- Beds / Baths
- 1 / 1
- Living area
- 855 sqft
- Year built
- 1900
- Type
- Residential
- Lot
- 0.25 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Seminole
- Days on market
- 17
- Elementary
- Other
- Middle
- Other
- High school
- Other
Investor opportunity in a great Lake Mary location! Public records show this home as a 1 bedroom, 1 bath with 855 sq ft, but the property offers much more potential. The existing layout could easily be reimagined as a 2 bedroom, 1 bath, giving buyers the chance to add value and maximize the space. Situated on a nice .25 acre fenced lot, this property also features a large detached workshop with electric and plumbing already in place, creating exciting potential for a studio, guest space, home office, or possible ADU conversion. Buyer to verify all zoning, permitting, and intended use. Bring your vision and creativity. This property is being sold As Is, allowing the next owner to imagine the possibilities and make it their own. Great opportunity for investors, renovators, or buyers looking for a project with upside potential!
What to check on this one
- Verify flood zone designation with Seminole County—obtain FEMA flood map and elevation certificate if in AE/VE.
- Roof age and condition—126-year-old home likely needs inspection; confirm insurance eligibility and estimates.
- Order 4-point inspection (roof, plumbing, electrical, HVAC) and wind-mitigation report for pre-1980 structure.
- Confirm zoning permits ADU or guest structure conversion; verify workshop legal status and utility compliance.
- Inspect plumbing type (likely cast-iron or galvanized); check for polybutylene. Septic or public sewer?
- Review permitted use as 1BR versus intended 2BR; obtain engineer's scope for any renovation work.
Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.
What this home really costs per month
Loan $200,000 at 6.75% · 30 yr
Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.
Listing courtesy of MARK SPAIN REAL ESTATE. Data via realMLS (Northeast Florida MLS), updated Jul 2, 2026, 6:15 PM.
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