Arroyo Pkwy., Ormond Beach, FL 32174

Check out this great flip or cash flow deal in Ormond Beach. The numbers on this one work both ways.

For a rental, replace the roof, windows, A/C, and some lipstick.

For a flip, update the kitchens and baths, plus some yard cleanup. Rehab should run around $35k – $40k, depending on what you do. A lot of things can be saved in the house.

The tile floors and bathrooms are okay for a rental, possibly even for a lipstick flip, but to get the max value of $165k, they would need to be updated.

Pine Hills Mobile Estates

Est. Rehab: $35,000 – $40,000

Est. ARV: $165,000

Recent Area Sales / Activity:

  • 1820 Palmer – 3/2, 1026 sq ft – Sold for $159.9k – clean and updated, but older kitchen and baths
  • 108 Camino Cir – 2/2, 1199 sq ft on a little nicer street – Sold for $172.5k, NOT updated
  • 1929 Linda Ave – 3/1.5, 1300 sq ft on an inferior street – Sold for $147.5k, and was clean but dated
  • Address: Arroyo Pkwy., Ormond Beach, FL 32174 
  • Price: $105,000 
  • Availability: Sold 
  • Listing Type: Single Family 
  • Bedrooms:
  • Bathrooms: 1.5 
  • Total Square Feet: 1032 
  • Construction Type: Block / Stucco 
  • Year Built: 1975 / 1980 

Comments are closed.