Banked Owned Property For Sale 331 DRAKE ELM DR, KISSIMMEE, FL 34743

Real Estate Broker/Owner with Resident Team Realty, LLC & Toni's Property Management LLC BK3055881

Foreclosure For Sale 331 DRAKE ELM DR, KISSIMMEE, FL 34743


Located to the South of Orlando International Airport and just to the East of Florida's Turnpike, Buenaventura Lakes in Kissimmee Florida is less than 30 minutes from everything, even Walt Disney World Resort. Walking distance to retail, food, and dining. Do not miss this opportunity to own a home and have the luxuries of living in the ever growing city of Kissimmee.


Tips on buying this foreclosure/auction home:

Many bank owned foreclosures can be purchased by simply placing an offer. We will be happy to help you do this to make sure that you are represented by a professional. We can help you to make sure that your offer is competitive when compared to other interested parties. Increasingly, many properties are being offered for auction online on websites like,, and You may choose to use a real estate professional as representation when bidding for properties online too, and this is something that we do as well. Auction properties will not be sold unless the highest bidder has met the reserve, which is kept secret to prospective buyers. Auctions usually run for anywhere from a few days to a week, and if the reserve is not met, the property will be withdrawn and placed up for auction again at a later date.


Foreclosure Market Information:

Inventories of regular sales are currently at the lowest levels that they have been in the past few years and there are great deals to be found in Central Florida on bank owned, distressed (or foreclosed) properties. The competition and interest in such properties is high, when you find the home you are looking for, it is important to come with a strong, good offer. Remember: you are not trying to buy the foreclosure from the bank that owns it, you are trying to keep the foreclosure away from another inspired buyer, or in most cases, multiple buyers. With inventories low, as mentioned, all properties are being seen by multiple interested parties in the first days and weeks that the properties are placed onto the market. If you're interested in distressed property, please give us a call! We are experts and would be glad to help you with your investment.


$ Click for current price

3 Bedroom 2 Bath pool home in Buenaventura Lakes. No HOA! 2 car attached garage, Large living room/Dining room combo. Separate Family room. Flooring throughout is neutral ceramic tile. This home is in a great location, near schools, major shopping, theme parks, Florida's Turnpike, and Orlando International Airport.

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Resident Team Realty, LLC is a full service real estate company helping buyers, sellers and investors realize their goals in real estate sales and purchases. We can help you too! Give us a call at 407-483-5534 or email us at 



Comments (3)

Dimitri Matsis-REALTOR® (818) 599-6083
Troop Real Estate Inc. Westlake Village CA - West Hills, CA

Hi Mark,

Congrats on the listing of this very quaint pool home. Cheers for a successful close of escrow!


Mar 24, 2017 01:24 PM
Mark Horan

Dimitri,  Thank you. Send your buyers to Good investment home.

Apr 03, 2017 02:36 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Mark, looks like a great home, and hopefully at a good price.  Best of luck.

Mar 24, 2017 01:35 PM
Mark Horan

Joan,  The bidding is going on, $103,000 last time I looked.

Apr 03, 2017 02:34 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC

Looks like a grrat opportunity for a savvy buyer Mark. Nice of you to explain the auction process.

Mar 24, 2017 08:45 PM
Mark Horan

Debe, Yes, needs work <20K but it should sell around $130,000

Apr 03, 2017 02:35 PM
Mark Horan

Educating the general public to not be frigntened of the process!

Apr 03, 2017 07:19 AM