Here is a great flip or cash-flow opportunity in the Taft area of Orlando. This area is very popular and is just minutes from Florida Mall and International Airport.
For a rental, the house is in good condition and could be rental ready with just some minor updating. Also, the property is zoned R-T-2 which means combo dwelling with Single Family Home and Mobile Home. For a flip this will just need minor cosmetic rehab throughout. This is is solid investment either way and with the 32824 zip code this will move quickly.
Taft, No HOA
Est. Rehab: Light to Moderate
Est. Monthly Rent: $1,000
Est. ARV: $165,000 – $175,000
Recent Area Sales / Activity:
- 9503 9th Ave – 3/2.5, 1814 SF – Active at $298k
- 926 9th St – 1/1, 321 SF – Pending at $120k
- 9504 9th Ave – 3/2, 1134 SF – Pending at $219.9k
- 9668 8th Ave – 4/2, 1332 SF – Sold on 10/6/2020 for $220k ($165.17 PSF)
- 9920 4th Ave – 3/2, 1259 SF – Sold on 10/30/2020 for $220k ($174.74 PSF)
- 9516 9th Ave – 3/2, 1134 SF – Sold on 12/4/2020 for $217k ($191.36 PSF)
- 9467 4th Ave – 4/2, 1843 SF – Sold on 1/13/21 for $265.5k ($143.79 PSF)
- Address: 6th Ave, Orlando FL 32824
- Price: 108,500
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 2
- Bathrooms: 2
- Total Square Feet: 888
- Construction Type: Block
- Year Built: 1973