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38124 ILLINOIS STREET, Lady Lake, FL, 32159

2beds
1baths
1,120sqft
$95,000
$85price/sqft
$787/moest. monthly cost
$31,480/yrincome needed

About This Home

INVESTOR SPECIAL!This 2-bedroom, 1-bathroom home offers 1,120 sq. ft. of blank-canvas potential situated on a private 5,600 sq. ft. lot with NO HOA fees or strict regulations.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

3/10
Carver Middle SchoolGrades 6-85.6 mi
2/10
Leesburg High SchoolGrades 9-126.8 mi

Construction

Condition

  • Year built: 1982

Materials

  • Foundation: Other
  • Roof: Other
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Other
  • Laundry features: Other

Bedroom2

  • Features: Built-in Closet
  • Level: First
  • Area: 100
  • Dimensions: 10x10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Other
  • Flooring: Other

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,120
  • Total interior livable area: 1,120 sqft

Kitchen

  • Level: First
  • Area: 196
  • Dimensions: 14x14

Living Room

  • Level: First
  • Area: 400
  • Dimensions: 20x20

Primary Bedroom

  • Features: Built-in Closet
  • Level: First
  • Area: 121
  • Dimensions: 11x11

Property

Details

  • Parcel number: 241824000400003300
  • Zoning: R-1
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Other

Lot

  • Lot size: 5,600 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Strong Wind
Hurricane
Lightning
Tornado
Wildfire

FEMA Declared Disasters in Lake County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $480$5,760
Home Insurance *$50$600
Property Taxes $60$720
Electricity $197$2,366
Total$787$9,444
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,982/yr
40% on housing$23,610/yr
45% on housing$20,986/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.9%
14.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$85This listing

vs Other Active Listings

Avg $/sqft

ZIP 32159$129
Lake County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 32159$208
Lake County$206

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-30Listed for sale$95,000
2011-07-28Sold$19,500
2011-03-29Listed for sale$39,900
2008-06-12Listing removed$97,900
2008-05-23Listed for sale$97,900
2007-12-07Listing removed$139,900
2007-11-12Listed for sale$139,900

For Sale by Agent

AgentScott Fader
BrokerageJOSEPH WALTER REALTY LLC

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