This is an off-market block home in Lake Wales and will make a great fix and flip property or rental.
This house is in great condition and will only require some cosmetic updates to flip. For a rental, this needs minimal work.
Similar 3/1 properties are selling between $127-$145/SF. Realistically, this should sell quickly on the retail market in the $150/SF range. There’s another 60 SF that could possibly be put under air as a laundry room/storage area. Contact me now for more information or to view the home because this will move quickly.
Brantley’s Resubdivision, NO HOA
Assignable
Est. Rehab: Light to Moderate
Est. ARV: $150,000 +/-
Recent Area Sales / Activity:
- 502 E Polk Ave – 3/1, 944 SF – Sold 9/10/2020 for $137k (145.13 PSF) after only 1 day on market
- 721 Hibiscus Ave – 3/1.5, 1036 SF – Sold 1/9/20 for $131,950 ($127.36 PSF)
- 551 Emerald Ave – 3/2, 1243 SF – Sold 11/28/19 for $150k ($120.68 PSF) after only 7 days on market
- 530 S 7th St – 2/2, 1386 SF – Sold 7/8/2020 for $168.5k ($121.57 PSF)
- 904 Carlton Ave – 3/2, 1642 SF – Sold 8/24/20 for $175k ($106.58 PSF) after only 11 days on market
- 702 Carlton Ave – 3/2, 1624 SF – Sold 5/22/20 for $194.9k ($120.01 PSF)
- Address: Center St, Lake Wales FL 33853
- Price: $115,000
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 1
- Garage/Carport: Carport
- Total Square Feet: 1080
- Construction Type: Block
- Year Built: 1957