288 STONE ISLAND ROAD Under contract-accepting backup offers. Dream Project with Unlimited Potential in Enterprise If you are looking for an opportunity to transform a prime location and structurally sound property into your dream home, this residence at 288 Stone Island Rd invites you to realize your vision. It will require love and attention to renovations and landscaping to restore it to its original splendor, but with an estimated repair after remodel value (ARV) of $650, 000 to $700, 000+, the investment promises to be a fruitful one. This waterfront home in Enterprise, FL, awaits those willing to bring its great potential to life, making it the ideal canvas for their creativity and personal style. Located in a private and exclusive gated community, this 5 bedroom gem sits on a sprawling 1.4 acre lot with direct canal views and access to Lake Monroe. The 53-foot great room with soaring ceilings and fireplace, along with an open kitchen, is just the beginning of what could be an oasis of entertainment and relaxation. The property features a gym/laundry room with sauna and an additional air-conditioned space that offers a versatile and cozy extension to the main home. With its distinguished location and robust architecture, this property offers not only spectacular scenery for residential living but also attractive financial opportunities for purchase and customization. Take advantage of generous down payment assistance of up to $35, 000 through the famed HomeTown Heroes program, designed for community heroes. Plus, when you finance your purchase with our trusted partner, First Home Loan-the #1 lender in Central Florida according to Zillow-you'll receive an additional $2, 000 credit. This bonus can be applied to closing costs or even reduce your mortgage interest rate, further easing the financial burden. Don't miss out on the opportunity with this property's spacious terraces and three-car garage complement the abundant nature that surrounds it, waiting to be rejuvenated by skilled hands and an enterprising vision. Be the architect of your future in this home with a promise of exclusivity and renewed beauty - imagine the sunsets over the water that could be yours after restoring it to its deserved majesty! Don't hesitate to contact me today to schedule a viewing and get more details about this great opportunity in the real estate market!