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Pre-foreclosure
    • Est. $707,600

    721 MAGNOLIA STREET, WINDERMERE, FL 34786

    4beds
    1,737sqft
    Single Family Residence
    Built in 1913
    0.38 Acres Lot
    $707,600 Zestimate®
    $407/sqft
    $-- HOA

    Overview

    This is a rare opportunity to own a two-home parcel in the highly sought-after community of Windermere. This property is ideal for use as a rental or to tear down and make the lot the new location of your custom-built dream home! As rental units, these bungalow-style homes are ideally located close to the center of downtown Windermere and Lake Bessie. Both homes offer 2 bedrooms,1 bathroom, plus a 450 square foot shed on .38 acres. Each are full of character and style with stainless steel appliances, Shaker-style cabinets and other designer touches. Or if you have been searching for the absolute perfect location to build, this is it! The lot allows for an ample-sized home that is just steps from beautiful Lake Bessie and the boat ramp to the lake. The area is a truly picturesque setting with towering mature live oaks and just a short golf cart ride to all of downtown Windermere's amenities which include shops, dining, wine market, brewery, basketball courts, tennis, pickleball, multiple boat ramps, playgrounds and so much more. Don't miss the opportunity to own this rare piece of beautiful Windermere. Schedule your property tour today!
    78 days
    11
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Steve Healy 407-965-1155,

    CORCORAN PREMIER REALTY 407-965-1155,

    Matt Tomaszewski 407-719-5956,

    CORCORAN PREMIER REALTY

    Source: Stellar MLS,MLS#: O6233308MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Built-in Closet
      • Level: First
      • Dimensions: 14x10
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Dimensions: 13x9
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      • Dimensions: 14x10
      Bedroom 4
      • Features: Built-in Closet
      • Level: First
      • Dimensions: 13x9
      Kitchen
      • Level: First
      • Dimensions: 16x12
      Living room
      • Level: First
      • Dimensions: 16x16
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
      • Laundry: Outside
      Features
      • Ceiling Fan(s), Eating Space In Kitchen
      • Flooring: Carpet, Laminate, Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 2,631
      • Total interior livable area: 1,737 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage, Carport
      • Garage spaces: 2
      • Carport spaces: 1
      • Covered spaces: 3
      • Details: Garage Dimensions: 24x19
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Storage
      • Fencing: Fenced
      • Has view: Yes
      • View description: Trees/Woods
      • Waterfront features: Lake Privileges, Skiing Allowed
      • Body of water: BUTLER CHAIN OF LAKES
      Lot
      • Size: 0.38 Acres
      • Features: City Lot
      • Residential vegetation: Mature Landscaping
      Details
      • Additional structures: Shed(s)
      • Parcel number: 172328933601630
      • Zoning: SFR
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame
      • Foundation: Crawlspace
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1913

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Cable Available, Electricity Available

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: WINDERMERE TOWN
      HOA
      • Has HOA: No
      Location
      • Region: Windermere

      Financial & listing details

      • Price per square foot: $407/sqft
      • Tax assessed value: $480,168
      • Annual tax amount: $7,612
      • Date on market: 8/16/2024
      • Cumulative days on market: 36 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Dirt

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        Foreclosure details

        Estimated market value

        $707,600

        $658,000 - $764,000

        $3,779/mo

        Price history

        DateEventPrice
        4/9/2026Listing removed$2,250$1/sqft
        Source: Stellar MLS #S5144805 Report a problem
        2/28/2026Listed for rent$2,250$1/sqft
        Source: Stellar MLS #S5144805 Report a problem
        6/19/2025Listing removed$2,250$1/sqft
        Source: Stellar MLS #S5127435 Report a problem
        5/22/2025Listed for rent$2,250$1/sqft
        Source: Stellar MLS #S5127435 Report a problem
        10/30/2024Sold$650,000-4.3%$374/sqft
        Source: Stellar MLS #O6233308 Report a problem
        9/24/2024Pending sale$679,000$391/sqft
        Source: Stellar MLS #O6233308 Report a problem
        8/16/2024Listed for sale$679,000+95.1%$391/sqft
        Source: Stellar MLS #O6233308 Report a problem
        9/4/2018Sold$348,000-5.7%$200/sqft
        Source: Public Record Report a problem
        8/22/2018Listed for sale$369,000+5.7%$212/sqft
        Source: COTTON REALTY & ASSOC, INC #O5728910 Report a problem
        7/8/2017Listing removed$349,000$201/sqft
        Source: STOCKWORTH REALTY GROUP #O5490780 Report a problem
        5/20/2017Price change$349,000-2.8%$201/sqft
        Source: STOCKWORTH REALTY GROUP #O5490780 Report a problem
        2/10/2017Listed for sale$359,000+67%$207/sqft
        Source: STOCKWORTH REALTY GROUP #O5490780 Report a problem
        11/10/2011Sold$215,000$124/sqft
        Source: Stellar MLS #O5068634 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$8,091 +6.3%$446,866 +10%
        2023$7,612 +16%$406,242 +10%
        2022$6,564 +2.4%$369,311 +4.2%
        2021$6,412 +6.2%$354,447 +7.6%
        2020$6,039 -2.5%$329,528 -1.1%
        2019$6,191 +6.7%$333,338 +20.6%
        2018$5,801 $276,329 -10.7%
        2017$5,801 +6.6%$309,576 +10.8%
        2016$5,443 +7.2%$279,297 +8.1%
        2015$5,079 +28%$258,482 +36.5%
        2014$3,968 +9.2%$189,379 +10.4%
        2013$3,634 +0%$171,578 +1%
        2012$3,632 -7.2%$169,877 -12.6%
        2010$3,914 $194,311 -14.3%
        2009-- $226,777 -14.4%
        2008$4,256 -14%$264,935 -14.5%
        2007$4,950 +0.6%$309,747 +11.5%
        2006$4,919 +24%$277,721 +28.2%
        2005$3,966 +1.5%$216,685 -5.6%
        2004$3,908 +27.3%$229,422 +29.9%
        2003$3,069 +12.7%$176,549 +8.3%
        2002$2,723 $163,030
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 34786

        Getting around

        36 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Windermere Elem
        • Middle: Gotha Middle
        • High: Olympia High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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