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Bank Owned Properties in Central Florida

First National Bank of Central Florida is offering the following bank owned properties in Central Florida and the Orlando area for sale. Bank owned properties, also known as REO or OREO (Other Real Estate Owned), are properties that have been procurred through the foreclosure process and sold “as-is”.  Banks sell these assets for a number of reasons, one being to reduce and diversify exposure in a particular property type.

With low rates and a volatile stock market, many successful investors are buying these foreclosures, homes, and properties from banks. The following page contains important information about each of our OREO properties. If you are interested in a particular property, contact the associate or agent listed at the bottom of the listing.

Financing is available for these properties.  For financing or property details, contact:

Brendan Boyle , Senior VP/Special Assets | T: (407) 539-7726 | Email: bboyle@fnbcfla.com

Bank Owned Property - Upper Union Rd Union Park Orlando Cahill home

4041 Upper Union Road, Baldwin Park, Orlando, Florida 32803

List Price:    $1,750,000

“Joli” by CAHILL, an elegant French chateau that exudes warmth and luxury, is ideally located on big, beautiful Union Park. Custom features include travertine and walnut wood floors, Andersen windows, whole house distributed audio, four flat screen televisions with warranties and complete high-definition home theater projector, screen and equipment. The heart of this very livable Baldwin Park home is a cook's dream kitchen with two islands, butler pantry and Sub-Zero and Wolf appliances. The beautifully detailed family room with a gas fireplace opens onto an outdoor room with retractable screens and a pool terrace with spa, cabana and summer kitchen. An enormous master suite includes a signature CAHILL closet with secret storage. Guests are accommodated in a second downstairs master or a private upstairs wing. A sunny library with fireplace and upstairs game room with wet bar round out the many joys of owning this 2008 Parade of Homes 1st place award winner.

Buildings:       Two-Story Single Family Home   Year Built:      2007

Bed:                5                                                          Bath:               5 full, 3 half            

Sq Ft:             6,014                                                   HOA:              $ 632 quarterly

For more information please contact:

Linda Loudon Realtor   T: (407)625-3255 | E: lloudon@newbroadstreet.com

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Bank Owned Property - New Broad Street Baldwin Park Orlando

4525 New Broad Street, Baldwin Park, Orlando, Florida 32814

List Price:    $1,350,000

Value abounds in this stately Acadian-style Rex-Tibbs home on New Broad Street in Baldwin Park. A deep front porch with a full covered balcony overlooks the pond and park below, while the back porch leads to the pool and spa surrounded by Old Chicago brick pavers. The home features formal living and dining rooms, plus a huge family room and kitchen area with Thermador appliances, 6-burner gas stove, grill top and wine cooler. The downstairs master wing includes a study. An upstairs playroom with built-ins is shared by three bedrooms with individual baths. A second rear stairway leads to a bonus room above the 3-car garage. The prime location makes this a signature home on the neighborhood's most desirable street.

Buildings:       Two-Story Single Family Home   Year Built:      2007

Bed:                4                                                          Bath:               5 full           

Sq Ft:             5,050                                                   HOA:              $ 632 quarterly

For more information please contact:

Ann Tindell Realtor T: (407)758-1472 | E: atindell@newbroadstreet.com

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Bank Owned Property - Sternon Plaza Willa Springs Dr Winter Springs

1073 Willa Springs Drive #101, Winter Springs FL

List Price:    $110,000

The subject property consists of a 625 sq. ft. office condominium unit identified as Unit 101 of the Sternon Plaza, located on Willa Springs Drive in Winter Springs Florida. The building was constructed in 2006 and contains 28 condominium units.       

Sq Ft:             625                                          HOA:              $ 311.12 monthly

For more information please contact:

Bill Bagley, Dunhill Properties | T: (407) 992-4000 | Email: bill@dunhill.net

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Bank Owned Property - Westpointe Blvd Veranda Park Orlando

SOLD: 7065 Westpointe Blvd Units #208/209, Veranda Park, Orlando, FL 32835

List Price:    Please Contact

Upscale office condo located in desirable, Veranda Park, Metrowest. This two unit condo is situated on the second floor and boasts a combined total of 825 Sq.Ft. The building offers extensive Italian craftsmanship such as sculptures, hand painted frescoes and detailed mosaic floor designs in the common areas of the grounds, interior lobbies and hallways.

Located in the heart of Veranda Park and the commerce section of Metrowest just minutes to I-4, Hwy 408, Hwy 50, Turnpike, Valencia College, Universal Studio and other attractions.

For more information please contact:

Isa Cusack, Director of Marketing & Business Development
T: (407) 539-7725 | E: icusack@fnbcfla.com

 

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Bank Owned Property - North Ferncreek Ave Orlando

740 & 742 North Ferncreek Ave Orlando, Florida 32803

REDUCED PRICE:   $299,000

The subject property consists of two, contiguous vacant parcels with a combined size of .28 acres on North Ferncreek Avenue near the Central Business District of Orlando. The property is located in an established and desirable residential and office location. Both parcels are zoned O-1/T/SP, Low Density Office Residential District with Traditional City Overlay and Specialty Planned area by the city of Orlando

This district allows office and Multifamily residential development.

For more information please contact:

Mark L. Allen, Broker
T: (321) 689-8000 | E: mallen@ccim.net

 

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Bank Owned Property - Genius Drive Winter Park


SOLD: 302  Genius Drive, Winter Park, Florida 32789

List Price:     $1,950,000.00

Over 6,600 sq ft under air, including a 397 sq ft 1st floor guest suite overlooking the pool and grounds. Old world charm throughout with high-end finishes such as Busby cabinetry, marble foyer, wine room, library, lanai with a summer kitchen and lake views. As a part of the Windsong Community, residents have access to a community pool as well as a dock with water access. The home is two-stories with 5 bedrooms 5 full and 2 half bathrooms on .49 acres.

For more information please contact:

Pamela Ryan, Kelly Price & Co | T: (407) 645 – 4321 | pryan@kellypriceandcompany.com

 

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Residential Townhomes in Riverwalk Club - Melbourne, Florida

1370 Isabella Drive Melbourne, FL 32935

List Price:    Please Contact

The subject property consists of eleven residential Townhomes in the Riverwalk Club subdivision. 58 of the 160 projected units have been completed.         

Community features include:

  • Gated entry 
  • Paver driveways and sidewalks
  • Street lights
  • Tropical landscaping with mature trees
  • 12 water front lots
  • Community clubhouse with fireplace
  • Billiard & Card Room
  • Multi Purpose room with Kitchen
  • Nursery Room
  • Business Center
  • Heated Swimming Pool + Spa
  • 400Cedar Lined Sauna
  • On-Site Manager
  • Fitness Center

For more information please contact:

Isa Cusack, Director of Marketing & Business Development
T: (407) 539-7725
E: icusack@fnbcfla.com
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Bank Owned Property - Wedgefield


SOLD: 19714 Sheldon Street

List Price: 290,000

The property is a four bedroom, three bathroom, two story, two car garage, single family home located in Cape Orlando Estates on nearly 2 acres of land. The property features granite countertops, black appliances, 42” cabinets, whirlpool tub, French doors, security system, three covered porches and a covered entry way. The subject property is located just north of State Road 528 approximately 20 miles east of Downtown Orlando in Wedgefield. The property is currently occupied please respect the tenant's privacy.

For more information please contact:

Janet Bowers, Century 21 | T: (407) 433 – 6350 | janetbaypointe@bellsouth.net

 

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163 Hibiscus Road , Edgewater , FL

SOLD: 163 Hibiscus Road , Edgewater , FL

List Price:    $110,000.00

The subject property is a .20 acre vacant lot in Edgewater , FL. The lot is zoned single family residential and boasts canal views.

For more information please contact:

Mark L. Allen, Professional Real Estate Center  T: 321.689.8000, email: mallen@ccim.net

 

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Bank Owned Property - Office Codominiums - Winter Springs


1073 Willa Springs Drive

List Price:    $110,000

The property consists of a 625 sq. ft. office condominium unit identified as Unit 109 of the Sternon Plaza , located on Willa Springs Drive in Winter Springs Florida . The building was constructed in 2006 and contains 28 condominium units. As part of a larger parent building, the subject unit enjoys common access areas, utility and parking easements with the overall development. The building has extensive Italian craftsmanship such as sculptures, hand painted frescoes and detailed mosaic floor designs in the common areas of the grounds, interior lobbies and hallways.

For more information please contact:

Bill Bagley, Dunhill Properties | T: (407) 992-4000 | Email: bill@dunhill.net

 

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Bank Owned Property - MiraBay Parcel 22

MiraBay Parcel 22

List Price:    SOLD

Current Tax Value: $2,803,120 (as of 7/30/09)

Property Taxes:       $57,144.13 (as of 7/30/09)

The parcel consists of 26.23 acres (gross area) of land currently entitled for the development of 224 multi-family condo units. The site is part of MiraBay, a 750-acre master planned development with single family and multi-family developments, a clubhouse, pools, a wilderness park, racquet club, etc. As a part of the MiraBay community, the site has access to all of the above mentioned amenities. The subject property is located along the north/west side of U.S. Highway 41, south of Villemarie Road in Apollo Beach , Hillsborough County , Florida .  

For more information please contact:

Mark Hayes, CCIM | T: (407) 228-0570 | Cell: (407) 383-8400

 

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Bank Owned Property - Lake Helen Volusia County



Euclid Avenue at Delaware Avenue - REDUCED PRICE!

NEW: List Price:

0020: $ 40,000   0030: $ 40,000   0040: $ 40,000   0050: $ 40,000

0060: $ 40,000   0070: $ 40,000   0090: $ 40,000   0100: $ 40,000   0110: $ 40,000

The subject property consists of the remaining nine 1/2 acre lots that comprise the Edgewood Estates Subdivision in Lake Helen, Florida . Lots may be purchased individually. The lots are located within the Edgewood Estates Subdivision along the west side of Euclid Avenue South and on the north and south sides of Delaware Avenue West in Lake Helen , Volusia County , Florida .

For more information please contact:

Ann E. Nehrig, West Volusia Properties T: 386.801.4928 | Email: nehrigann48@hotmail.com

 

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Bank Owned Property - Vacant Land - Eustis, FL

16626 Orange Avenue , Eustis , Florida 32784

List Price:    $950,000

The subject property is a 72 gross acre tract of vacant land located at the southeast quadrant of Orange Avenue and Wiley Lane in Eustis, Florida . The location is approximately one-half mile east of S.R. 19.

For more information please contact:

Patti-Jo Jungreis, Watson Realty
T: (352) 874-8909 | E: pjjungreis@watsonrealtycorp.com

 

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Bank Owned Property - Commercial Property S.R. 520

Commercial Property on State Road 520

REDUCED PRICE:    $995,000

The property is a 17.37 acre tract of land located on the north side of State Road 520. The property is zoned C-1, (Retail Commercial) by Orange County . The property is located in east Orange County on State Road 520, approximately twenty miles east of downtown Orlando .

For more information please contact:

Tim Lambert, Vision Realty | T: (863) 559 – 5524 | timlambertrebkr@gmail.com

 

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Nova Road, St. Cloud , Florida 34771

List Price:    Please Contact

The property is a 71.36 acre tract of land located in St. Cloud , Florida .

For more information please contact:

Isa Cusack, Director of Marketing & Business Development
T: (407) 539-7725 | E: icusack@fnbcfla.com

 

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Bank Owned Property - Winter Garden

SOLD: 7165 Wild Blackberry Trail, Winter Garden , Florida 34787

List Price:     $245,000.00

The subject property is a .65 acre lot located within the Independence subdivision in Winter Garden Florida . The subdivision features street lights and water front properties. The property is zoned Single Family Residential Planned Unit Development.

For more information please contact:

Ralph Spano | T: (407) 936-2186 | rspano@aol.com

 

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Bank Owned Property - Winter Garden

14730 Avenue of the Rushes, Winter Garden , Florida 34787

SOLD: List Price:     $225,000.00

The subject property is a .70 acre lot located within the Independence subdivision in Winter Garden Florida . The subdivision features street lights and water front properties.  The property is zoned Single Family Residential Planned Unit Development.

For more information please contact:

Ralph Spano | T: (407) 936-2186 | rspano@aol.com

 

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Bank Owned Property - Lake County

S.R. 44 just West of Cassia Church Road

List Price:   $250,000

The subject property is a 20.55 gross acre parcel of land containing approximately 12 acres of useable upland area. Previously being  a fern farm, the property contains various improvements consisting of irrigation piping, water pumps and a work shed. It is located between the north side of Owens Pond and S.R. 44, just west of Cassia Church Road in an unincorporated area of Lake County, Florida. Access to the site is provided via a 15 foot easement from S.R. 44. The subject property is zoned  Agriculture and allows for the construction of a  Single Family Residence. 

For more information please contact:

Tim Lambert, Vision Realty | T: (863) 559 – 5524 | timlambertrebkr@gmail.com

 

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Bank Owned Property - Umatilla

Umatilla Land Property

List Price:  $5,000,000.00

2009 Working Tax Value: $ 4,784,552.00 (as of 7/30/09)

Estimated Property Taxes: $ 99,863.77 ( as of 7/30/09)

The subject property is a 321 acre (gross) tract of land located in the southeast quadrant of U.S. Highway 27 and County  Road 48 in Umatilla, Lake County , Florida . The property is zoned Residential “PUD” (Planned Unit Development) District by the city of Umatilla .

For more information please contact:

Miguel de Arcos, Sperry Van Ness/ T: 407.257.7334 , MdeArcos@svn.com

 

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