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Off market deal with a sweet profit margin. This is a huge house on a whopping 2.2 acres, offered at a big discount. The home is located in Christmas, which is a 20 minute drive to Waterford Lakes and UCF. Homes this size and with this much land do not come around too often at this price point.This is a decent sized house, so the rehab will vary wildly depending on what kind of materials you use. The property’s electrical and plumbing are in good shape. It will need an A/C system and ducting installed, and a new roof. You will also need siding and inside updates throughout. You only have one comparable that is similar in size, and we took a considerable amount of value off for the difference in style. This house could easily be worth more, but we wanted to play it safe.
Christmas, No HOA
Est. Rehab: Heavy
Est. ARV: $450,000 +/-
Recent Area Sale:
- 23900 Sisler Ave – 5/4.5, 3693 SF, 2 Acres – Sold 7/3/19 for $540k (Pending in 5 Days)
- Address: Bonneau Blvd., Christmas FL 32709
- Price: $275,000
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 5
- Bathrooms: 3
- Garage/Carport: 2 Car Garage
- Total Square Feet: 3434
- Construction Type: Frame
- Year Built: 1984