Debary flip at an excellent price point! This one should be as quick and easy as they come. Get in and out fast for maximum equity.
House needs the following updates: kitchen and bath, flooring, paint and a new roof. The house has animals and a bit of an odor. Once you rip up the carpet and paint, you should be able to get rid of it pretty quickly. There is a portion of the house that is enclosed, under the roof, towards the back left part of the house, that is not included the square footage. Very easy to either extend the duct work, or install a mini split to have that included. It’s 300 sf so definitely going to want to do this. No surprises here. This is a cookie cutter 3/2 which should make for a nice tidy profit.
You have several similar comps in the neighborhood. Comps vary from $120-$145/square foot. We feel our ARV of $185k is very conservative, and with the right rehab you could be as high as $195k.
Plantation Estates, No HOA
Est. Rehab: $35,000 +/-
Est. ARV: $185,000 – $195,000
Recent Area Sales / Activity:
- 16 Palmira Rd – 2/1, 968 SF – Sold 10/29/19 for $150k ($154.96 PSF)
- 21 Sunset Dr – 2/1, 1044 SF – Sold 9/10/19 for $155k ($148.47 PSF)
- 151 Angeles Rd – 3/1.5, 1000 SF – Sold 10/16/19 for $157k ($157.00 PSF)
- 203 Colomba Rd – 3/2, 1501 SF – Sold 12/13/19 for $180k ($119.92 PSF)
- 146 Verona Rd – 3/2, 1439 SF – Sold 2/10/20 for $209.9k ($145.87 PSF)
- Address: Angeles Rd, Debary FL 32713
- Price: $119,900
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 2
- Garage/Carport: Carport
- Total Square Feet: 1622
- Construction Type: Block
- Year Built: 1954