1451 Crest Dr

About This Property

Spacious Lake Osborne Area Home 3.25% Assumable Mortgage Significant Upside Welcome to this spacious 2,121 sq. ft. 3-bedroom, 2-bath home situated on an approximately 7,500 sq. ft. lot in the Lake Osborne area. This is a unique opportunity for an owner-occupant or investor looking for a property with size, location, character, and significant potential. The home features a large flexible layout, including a bonus/flex room with potential for additional use, plus possible garage conversion potential, subject to permits and applicable requirements. The property also offers a large driveway with plenty of parking and RV space, a large outdoor storage shed, newer septic system, RV connection, and mature exotic and tropical fruit trees that give the property a distinctive Florida character. The location is a major advantage. The home is just a short distance from Lake Osborne, with a backyard view toward the lake, and is conveniently located near beaches, Downtown Delray Beach, Downtown West Palm Beach, JFK Hospital, restaurants, shopping, and major roads. 3.25% ASSUMABLE VA MORTGAGE One of the most attractive features of this property is the existing approximately $225,000 VA mortgage at only 3.25% interest. A qualified buyer may be able to assume the existing mortgage, subject to lender approval and applicable VA requirements. With today's mortgage rates substantially higher, this can represent a significant financing advantage. Seller financing may also be considered for a qualified buyer and mutually agreeable terms. PLEASE READ PROPERTY CONDITION & SELLER TERMS I want to be completely transparent: the home needs a new roof and AC system. The property also has an in-ground Generac whole-house natural-gas generator, which is currently not operational and will require repair/service. These items provide an opportunity for the next owner to make improvements and create additional value. I am not interested in hiring a Realtor. This is a direct FSBO sale, and I am interested in working directly with serious, qualified buyers. I am eager to sell but eager should never be confused with desperate. I am prepared to make a deal with the right buyer when the offer reflects the property's value and the transaction is approached with respect and good faith. Please do not contact me with low-ball offers. If I do not respond to your message, text, or phone call, it is most likely because I am not interested in entertaining an offer that is substantially below the property's reasonable value. In that case, contacting me again would simply be a waste of your time and mine. If the property does not sell in the near future at a price I am comfortable accepting, I intend to replace the roof and AC, which would obviously increase the property's value and result in a higher asking price. I believe this property offers a combination of size, land, Lake Osborne proximity, mature exotic fruit trees, flexible space, existing infrastructure, and an exceptionally attractive 3.25% assumable mortgage that is difficult to find in today's market. Thank you for your interest. I look forward to hearing from serious buyers and, with mutual respect and good faith, hopefully getting a deal done.

Property Details