318 MITNIK DRIVEDELTONA, FL 32738




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$1,816Substantial Price Adjustement - Seller is motivated to get it sold! Rare opportunity to invest in a prime waterfront property on Lake Mitnik! This custom-built, 4-bedroom, 4-bath home offers nearly an acre (.96) on a grandfathered double lot — providing immediate luxury living and significant future upside. The existing boat dock is grandfathered (no longer permitted for new construction), adding unique long-term value for investors. Freshly painted interior ready for your personal finishes. Inside, you'll find a gourmet granite kitchen, a spacious family room, and a show-stopping 27x31 Florida room with million-dollar lake views through hurricane-protected windows. Key upgrades — including a metal roof, generator wiring, and water softener — enhance durability and low maintenance. With a split floor plan, circular drive, 2-car garage, and a dedicated workshop/craft room, this property is well-suited for short-term rental, renovation flips, or long-term appreciation. No HOA fees, no flood insurance requirement, and located in a desirable, established neighborhood. This is a rare chance to secure an exceptional waterfront asset, perfect for savvy investors seeking solid cash flow or future redevelopment opportunities. Act fast — opportunities like this don't last!
2 weeks ago | Listing updated with changes from the MLS® | |
2 weeks ago | Price changed to $398,000 | |
3 weeks ago | Status changed to Active | |
3 months ago | Listing first seen on site |

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Last checked: 2025-07-06 07:39 AM EDT
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