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This beautiful property is located at 5100 Alligator Lake Road in the charming city of St. Cloud, Florida. It sits on a spacious lot spanning over 1 acre in the desirable SEMINOLE LAND&INV CO subdivision. The property comprises of a well-maintained residential building with 3 bedrooms, 4 bathrooms, and a cozy fireplace. It also features a garage with 1,008 sq ft and a total of 2,548 sq ft of living space. The property was built in 1998 and was last sold on 06/07/2024. With a market value of $547,300 and a tranquil location near Alligator Lake, this property is a true gem.
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In most states, the history of a loss of life in a home, no matter how it occurred, even violently, is not considered a "Material Fact" and it's not required to be disclosed. This history depending on the event, can decrease the home's value by 25% and increase its time to sell by up to 50% longer than comparable homes. Properties with such a history are referred to as Stigmatized Properties.Would you want to know stigmatized history of the property before you sign the contract?
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