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3811 Wilts St Orlando, Florida 32805 MLS# MFRTB8363175
This lakefront concrete block property is a prime investment opportunity for an investor ready to take on a full gut renovation. The property has a code enforcement lien related to the roof, which will remain in place after closing. The new owner must be willing to rebuild the roof, including rafters, via a carpenter. Once the roof is completed and passes inspection, the building department will remove the lien, and you can petition for fines to be erased or reduced. The property is currently held in a land trust, and if preferred, the investor can keep the land trust in place and become the new beneficial owner, simplifying the transfer process.
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