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1240 Enterprise Osteen Road
Enterprise, FL 32725
$1,549,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
2321
Property Description
THIS FIRST CLASS OPERATION COMBINES A GORGEOUS HOME, PROFITABLE WHOLESALE FLOWER BUSINESS AND THE GOOD FORTUNE OF LIVING IN A TRUE BOTANICAL GARDEN. EVERYTHING is included- the entire plant inventory of 10,000+ plants, all the equipment which was purchased new and FULL TRAINING in all aspects of the business. For the right person or family this provides a lifetime of unimaginable creative experiences that feed the pocket as well as the soul. This was two properties joined together for tax purposes. Four acres has the house & 2 barns and the rear 2.4 acres have the greenhouse and main growing areas, shade house, largest barn. Property could be split back into 2 parcels. From the sellers: If you are a garden lover, then continue… In all my travels I have never seen what has been created here. Plant species collected from all around the world growing in splendor. Imagine a professional infrastructure like a resort or park as your personal residence. Nestled on 6+ acres this is an enchanted forest with THOUSANDS and thousands of mature Tropical plantings. Visitors are completely in awe. We have brought in OVER 200 Truckloads of Virgin Soil and Pine Bark at 30 yards each truck! There is Unlimited water with 3 Wells and city water. 3 Commercial barns 3 Power sources including a Generator. Anything & Everything. Underground Utilities, Greenhouses & Shade structures. 600 Tons of Granite gravel. 60 electronic watering zones & computerized pumping for irrigation. We have over loved and overspent on this Development – Our Castle - spending over six figures! This is my 6th personally owned development, and the best. Our land is Fertile, Clean, Weed Free, Mature, Mulched and best of all, it is Finished, Just enjoy the views… Almost anything will grow here. Our Business, Love, Hobbies & Our home are all here as one package. This tropical forest is NOT flat Florida but has rolling topography with views. Tens of thousands of work hours later... we find that family needs take us back to Australia. This is why so much extra is included in the sale. Everything is included; Farm, Field & home. More than we can write, but a detailed list is available. This Property has incredible features, is beyond unique and carefully crafted by a life-long property developer. Details can be found at www.floydcovenursery.com and we are willing to assist you in a profitable transfer. Conveniently located between Orlando & Daytona Beach, less than 1 hour to the Orlando International Airport and 15 minutes to Lake Mary. In addition to the multiple commercial buildings is a splendid custom designed 2340 SF home with travertine & wood flooring, luxury cabinetry, crown moldings- even the garage has custom cabinetry & built-ins. TO LIVE IN THE MIST OF THESE RESPLENDENT GARDENS IS A DREAM COME TRUE. This gorgeous home is also a study in quality with a lovely covered porch welcoming you. Step inside to a wonderful, open floor plan, huge home office (or living area) that also looks out onto the gardens. There is rich wood flooring throughout the living areas and crown molding, coffered ceilings & custom doors. The large kitchen has tons of custom cabinets, stunning granite, island with wine capacity, breakfast bar connecting the cook to the great room and cozy eating area. The great room is truly great with 10' ceilings & opens to the patios adn there is a luxurious owner's suite.
Property Information
Lot Size
6 acre(s) square ft
Property Type
Residential
Year Built
2009
MLS Number
V4931870
Location
Address
1240 ENTERPRISE OSTEEN ROAD
City
ENTERPRISE
State
FL
Zip Code
32725
County
VOLUSIA (SOUTHWEST)
Listing
Provider
Charles Rutenberg Realty Orlando LLC, original listing
Name
Charles Rutenberg Realty Orlando LLC
Phone
(407) 622-2122
Office Name
CHARLES RUTENBERG REALTY ORLANDO
Office Phone
(407) 622-2122
Agent Name
Carolyn Evans

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.