29th St, Orlando FL 32805

Here is a 3 bed, 3 bath, 1966 SF pool flip in the Rio Grande / Clear Lake area of Orlando. There was a 3rd bathroom recently added so this house features 2 master suites.

The house is in good condition and will really only need a moderate rehab. A lot of the big ticket items have been done. The roof is 9 years old and in good condition, A/C is 3 years old, electric is good and windows are double paned and were installed in the past few years.

Rehab includes flooring, new stove (fridge and dishwasher are stainless), kitchen updates, 2 bathrooms and paint. Rehab will not need to be super high end to compare with the other renovations sold in the area.

We have a very conservative ARV of $259k. That puts this at $131/SQFT which is $10/SQFT less than any of the fully renovated comps and none of them had pools. This is a can’t miss deal that will sell quick!

Rio Grande Terr / Clear Lake

Assignable

Est. Rehab: $25,000 +/-

Est. ARV: $259,000 +

Recent Area Sales / Activity:

• 3007 Seabrook Ave – 3/2, 1848 SF – Pending for $234.9k
• 1701 27th St – 4/2, 1388 SF – Sold 12/9/20 for $200k
• 1701 29th St – 3/2, 1356 SF – Sold 10/29/20 for $193k
• 2721 Telstar Ave – 4/2, 1507 SF – Sold 9/2/20 for $229.9k