$42,000
227 MILTON Avenue, Interlachen, FL 32148
Interlachen Lakes Estates
- Price
- $42,000
- Beds / Baths
- 2 / 1
- Living area
- 740 sqft
- Year built
- 1984
- Type
- Residential
- Lot
- 0.43 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Putnam
- Days on market
- 1
$57/sqft asking, vs a $133/sqft median across 104 closed sales in 32148 over the last 12 months — 57% below the area's closed prices. Home needs full rehabilitation; concrete block construction on two lots with separate septics offers investment potential for buyer willing to undertake extensive work.
INVESTOR OPPORTUNITY!! CONCRETE BLOCK HOME NEEDS FULL REHAB! 2 LOTS SEPTIC ON HOUSE LOT 5 YEARS OLD OR LESS AND OTHER LOT HAS SEPARATE SEPTIC. BUYER PAY ALL CLOSING COSTS!
What to check on this one
- Verify septic system inspection on house lot—age claim and pumping records.
- Confirm second lot's septic status, deed access, and any development restrictions.
- Roof age and condition—1984 home likely near replacement threshold.
- Order flood zone determination letter; county records show 'unknown'.
- Get full scope of rehab needed: structure, electrical, plumbing, HVAC condition.
- Title search for both lots—easements, liens, and septic setback compliance.
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 $33,600 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 PARALLEL REALTY LLC. Data via realMLS (Northeast Florida MLS), updated Sep 23, 2026, 5:30 PM.
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