China Moon Dr., Ormond Beach, FL 32174

REDUCED!

Price WAS: $215,000

New Price: $209,000!

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Beautiful property located in a highly desired neighborhood of Ormond Beach with lots of potential! This single-family home sits on a sizable .34-acre lot with an enclosed pool area, a two-car garage, and fenced-in backyard. Features also include a nice living and dining room with a brick fireplace, high ceiling, and large glass windows. This home also includes an office, laundry room, and a true master bed and bath with a hot tub. Don’t miss out on this perfect investment opportunity!

This home is in great condition and only some cosmetic updates are needed. To achieve maximum retail value, you will need to reshingle, one A/C unit needs maintenance. The bathrooms and carpet floors need minor updates. The wall unit should be removed and minor ceiling drywall is needed in the master bedroom. The enclosed patio needs new screen panels. The pool needs to be resurfaced and serviced. A piece of the gutter needs to be installed. To finish it off, interior paint must be applied, along with landscaping and pressure cleaning.

Coquina Point, Monthly HOA: $28

Assignable

Est. Rehab: $35,000

Est. Monthly Rent: $2,000

Est. ARV: $300,000 – $315,000

Recent Are Sales / Activity:

• 1 China Moon Dr – 4/3/2, 2346 SF  – Sold 3/30/18 for for $282.5k – Has pool, but house is almost 400 SF smaller (it’s right next door).
• 28 Sandpoint Cir – 3/2/2, 2290 SF  – Sold 4/12/18 for $260k – No pool, very outdated.
• 4 Pine Shadows Dr – 3/2/2, 2550 SF – Sold 4/23/18 for $279.9k – No pool.
• 74 Spring Meadows Dr – 4/2/2, 2327 SF – Sold 5/2/18 for $260k – No pool.
• 349 Chesham St – 5/3/2, 2811 SF – Sold 5/1/18 for $402k. No pool, but on a pond.
• 342 Chelsea Place Ave – 4/4/3, 2851 SF – Sold 4/23/18 for $480k – Pool, gated community.