Indiana Ave, Winter Park, Florida 32792 – $59,900 SOLD (CLICK HERE)

Property Analysis

Market Value:  

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Comparables:  1341 PELHAM RD - 3/1.5 1,256 sq. ft - PENDING at $165K - short sale

Comparables:  1211 SCHULTZ AVE - 3/2, 1,100 sq. ft. - SOLD for $131,500 on 8/30/2010

Comparables:  1521 CAVENDISH RD - 2/1 1,042 sq. ft. - SOLD for $195K on 2/15/2011

Comparables:  1453 HARMON AVE - 3/2 1,296 sq. ft. - SOLD for $177,500 on 12/29/2010


Property Details

Listing Price:  $59,900

Status:  SOLD

Address:  Indiana Ave

City:  Winter Park

State:  FL

Zip Code:  32792

County:  Orange

Square Feet:  700

Bedrooms:  2

Bathrooms:  1.5

Garage:  None

Basement:  None

Carport:  1Car Carport, Attached, Drive space

Pool:  None

Construction:  Block

Year Built:  1947

Additional Features

Here is a home in a great area of Winter Park. The home is a little small but the gross sq footage is 1269 sq ft. The lot size is 50'x 140' and is zoned R-2 meaning multi-family. You will need to check with the county to see if it is big enough to put townhomes on but there are several high end homes and townhomes in the surrounding areas. The land value of the lot alone is $ 83,227 and the total assessed value is $104,244. We are selling this for less then the land value and about 50% of the total assessed value. This home sold for $170,000 in 11/2006. You could either take advantage of the total gross sq footage and make this a great flip or just clean it up and rent it for a couple years and sell it to a builder to make some townhouses or to a build one of those HUGE Winter Park homes we all know and love. Whatever you choose to do, this is definitly a great deal to check out. Check out these comps below and make up your own mind.

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