12255 Lakeshore Dr

Canal Point, Florida, 33438

Tax DeedpendingSells Oct 14, 2026 · in 6 days

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Beds: 1
Baths: 1
SqFt: 942
Lot Size: 4,494
Year Built: 1937
APN: 00-37-41-33-03-047-0101

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Company
Owner Status: Absentee (In State)
Length of Ownership: 6 Years 3 Months
Purchase Method: Cash Purchase
County: Palm Beach

Value

Estimated Value: $156,000
County Market Value: $47,140; 2025
Assessed Value: $47,140; 2025

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Last Sale

Public Record: $23,200; 06/04/2020
MLS: $29,999; 08/30/2026
Document Type: Warranty Deed

Opportunity

Opening Bid: $5,151
Bid / Value: 3%; of $156,000
Property Tax 2025: $1,219; annual bill · not the amount owed
Equity (est.): $156,000; 100%
Monthly Rent: $1,538; Suggested rent
Gross Yield: 11.83%

Opening bid

$5,151

Assessed value

$47,140

Land $7,860Improvement $39,280

Market / AVM

$156,000

Property tax 2025

$1,219

Annual bill — the sale list gives no amount owed

Case number 2026-2928TD

Property facts enriched via realestateapi · 10/1/2026

Ownership Information

Owner 1 Name: Re Wealth Advisors Llc
Mailing Address: 110 Se 6th St Fl 17, Fort Lauderdale, FL 33301
Owner Type: Company
Corporate Owned: Yes

Property Characteristics

Bedrooms: 1
Total Bathrooms

Deal analysis

Recorded	Document	Notice	Trustee	Trustee Phone	Active
09/27/2021	LisPendens	NOL	THE LEGAL TEAM PLLC	786-307-2393	No

Date	Status	Price	Days on Market	Agent	Office
08/02/2026	Closed	$29,999	28	Erin Cowan	MVP Realty Associates LLC

Recorded	Amount	Type	Lender	Term	Maturity	Doc #	Open
02/08/2011	$65,000		Mortgage Us Inc				No
05/20/2005	$46,620	Fannie Mae/Freddie Mac (Phased out keying in 2008 because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)	Mortgage Us Inc	360	06/01/2035	20050311366	No
03/05/2002	$18,575	Unknown	Conseco Finance Servicing Corp			20020116923	No

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
06/04/2020	06/11/2020	$23,200	Warranty Deed	20200200903	Yes	Cash Purchase	Re Wealth Advisors Llc	Nicholas P Vitti
11/04/2014	11/07/2014	$15,000	Special Warranty Deed	20140416635	Yes	Cash Purchase	Nicholas P Vitti	Fannie Mae, Federal National Mortgage Association
02/28/2008	04/01/2008		Intrafamily Transfer	20080120208	No

Your maximum bid

$91,182

Walk away above this. Projected profit at the ceiling: $46,800 (30% of ARV).

Opening bid $5,151

Room to bid $86,031

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$35,916

Under max by $55,266

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for FL|Tax Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $156,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $156,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$12,480
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical FL range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical FL recording and deed issuance cost.: −$500
Holding costs (7 months)assumed Taxes, insurance, and securing the property at ~$234/month.: −$1,638
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$46,800
Maximum bid: $91,182

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. Governmental liens (municipal code enforcement, some special assessments) can survive a Florida tax deed — check the specific municipality.

12255 Lakeshore Dr

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

12255 Lakeshore Dr

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Last Non-Arm's Length Ownership Transfer

Recording Information

Buyer/Seller Information

Last Arm's Length Sale Information

Recording Information

Buyer/Seller Information

Distress Flags

Foreclosure Filings

Listing

MLS History

Area

Fair Market Rents

Tax Assessment Information

Mortgage History

Sale History

County records

Palm Beach County rules

Historical comps

Verify before you bid