77255 Florida Avenue, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 3 bath
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Palm Desert, California 92211
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $509,888—positioned well below the $522,175 Fair Market Value by 2%. This valuation gap offers $12,287 in Instant Equity. With a Good Condition Rating, the home features a Chef's Kitchen, Paid-for Solar, and a PebbleTec Pool and Spa. Located just 0.33 miles from the highly-rated Gerald R. Ford Elementary, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 77255 Florida Avenue Subject | $509,888* List Price | 3 | 3 | 1,610 | $324 | - |
A 43485 Texas Avenue Sold | $499,900 | 3 | 2 | 1,618 | $309 | 0.3 mi |
B 43425 Tennessee Avenue Sold | $435,000 | 3 | 2 | 1,330 | $327 | 0.4 mi |
C 77245 Indiana Avenue Sold | $530,000 | 3 | 2 | 1,534 | $346 | 0.2 mi |
D 76901 Kentucky Avenue Sold | $460,000 | 3 | 2 | 1,729 | $266 | 0.4 mi |
E 76896 California Drive Sold | $459,000 | 3 | 2 | 1,430 | $321 | 0.4 mi |
F 76835 Oklahoma Avenue Sold | $494,000 | 3 | 2 | 1,550 | $319 | 0.6 mi |
G 43653 Via Badalona Sold | $535,000 | 3 | 2 | 1,536 | $348 | 0.4 mi |
H 77739 Cape Verde Drive Sold | $480,000 | 3 | 3 | 2,062 | $233 | 0.5 mi |
I 77743 Cape Verde Drive Active | $525,000 List Price | 3 | 2 | 1,839 | $285 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1987 (37 years old), it qualifies as 'Good' due to significant recent capital improvements and maintenance. Key updates include a brand-new HVAC system (<1 year old), fully paid solar panels, a newer garage door, and a PebbleTec pool resurfacing. Although interior photos show some dated elements like carpeting and older ceiling fans, the listing describes a renovated chef's kitchen and a turn-key status, indicating it is well-maintained and move-in ready.
The property features fully paid-for solar panels and a brand-new A/C unit under a year old, providing significant utility savings and long-term mechanical reliability in the desert climate.
A private oasis featuring a pristine PebbleTec pool and spa, complemented by a massive chef's kitchen with a center island and a secure gated front entrance.
Ideally situated just 0.33 miles from Gerald R. Ford Elementary School, which boasts a high rating of 8/10, offering excellent educational convenience for families.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property is classified as having a 'Peek-A-Boo' view, which may not meet the expectations of buyers seeking expansive or unobstructed mountain vistas.
The monthly association fee of $398 represents a significant recurring cost that may impact the overall affordability for buyers in this price segment.
Welcome to your private oasis in Palm Desert CC! This exceptional, entertainer's home welcomes you through a secure, gated front entrance into a bright, wide-open floor plan.At the heart of the home is a massive chef's kitchen featuring a huge center island--perfect forhosting friends and family.Retreat to the ultra-private backyard to enjoy the pristine PebbleTec pool and spa, complete with views. The versatile layout offers 2 spacious primary suites plus a flexible den(easily a 3rd bedroom). And 2 Full baths with a 3rd 3/4 bathroom leading out to the pool area for the easy wet bathing suit changes. Major bonus: Enjoy massive utility savings with fully paid-for Solar! Plus, peace of mindcomes standard with a brand-new A/C unit (under a year old) and a newer garage door. Pricedperfectly for today's market, this turn-key gem won't last. Schedule your tour today!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 2.1 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,610 | 2,040 |
| Lot Size | 6,970 | 7,405 |
| Price | $509.9K | $634.5K |
| Price per sq ft | $317 | $325 |
| Built year | 1987 | 1994 |
| HOA | $398.0 | $398 |
| Days on market | 12 | 74 |
Jul 10, 2026
$509,888
Initial Listing
Oct 16, 2000
$182,500
Public Record