Fawn Lake, Mims FL 32754 Market Report

By
Real Estate Broker/Owner with M & M Realty of Brevard Inc. BK629999
https://activerain.com/droplet/4FyK

Fawn Lake Mims 32754 is a beautiful gated community located just west of I-95 and right off of Highway 46 in Mims.

 Fawn Lakes Mims FL 32754 Market Report

There are over 350 wooded home sites with well-appointed homes situated on .75 acres lots or larger.  Fawn Lake boasts tennis courts, jogging trail and a community club house. Various houses are situated on a lake.

Fawn Lake, Mims FL 32754 Market Report  

Currently, there are 8 houses for sale in Fawn Lake. Home for sale range in price from $259,500, with 2020 square feet of living to $639,000, with 5208 square feet.  They were built between 1989 and 2003.   They are 3 to 6 bedroom homes, bedrooms, with 2 to 4 ½ baths. Many boast a three car garage. Four of the homes for sale have a pool.

There is currently 1 house under contract. The buyer and seller have negotiated a sales price and they are waiting to close, pending title work, home inspections or financing. The list price is $259,500. It has 2355 square feet of living with 4 bedroom, 3 baths and was built in 2004. It does not have a pool. 

In 2015, 7 houses have sold for $135000 to $414,000. The house at $135,000 was a short sale that had Chinese Drywall and was considered uninhabitable by the county. They ranged from 2066 square feet of living to 6729 square feet. Five of the homes had backyard pools. Four of these homes were bank owned foreclosures.

 In 2014, there were 8 houses that sold in Fawn Lake, Mims 32754. Seven houses were standard sales (not distressed owners – not bank owned or short sales).  One was a short sale. (A short sale is where an owner owes more on the house than it is worth. So, they ask their lender to take today’s market value as payment in full on their mortgage, and the bank writes off the remaining balance.) Sales prices ranged from $177,000 to $362,000, with square footages ranging from 2360 living feet to 5748 feet. Two of the houses had a pool. The average sales price was $222,837.

Fawn Lake Mims offers a quiet country atmosphere, yet it is less than 10 minutes to city conveniences. It’s just minutes to I 95. Hop on Highway 46 which takes you to Sanford. And, Daytona Beach is about an hour away.

Association fees are currently $175 per year in Fawn Lake.

 

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Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Sandy.  Thanks for the information and update for the Fawn Lake community of Mims FL.

Jun 25, 2015 09:31 PM #1
Rainmaker
671,701
Sandy Shores FL Realtor®, Melbourne Real Estate
M & M Realty of Brevard Inc. - Melbourne, FL
Brevard County Real Estate, Florida's Space Coast

Gabe Sanders Thanks for stopping by! Hope you aren't working too hard! Enjoy your weekend!

 

Jun 26, 2015 01:34 AM #2
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Rainmaker
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Sandy Shores FL Realtor®, Melbourne Real Estate

Brevard County Real Estate, Florida's Space Coast
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