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Great flip opportunity in Winter Park. This is a full rehab but has good bones and a nice swimming pool with Jacuzzi. Homes in the area are going for 300+ per sqft for rehabbed and new construction. Depending on the rehab, the cost should be in the 60k range. ARV at 300 per sqft $429,900. (Price includes 1100 sqft of engineered wood and set of plans.)
Orangewood Park
ARV $425,000
Purchase price $(279,900.00)
Closing cost – Buy $(4,000.00)
Repairs $(60,000.00)
Closing cost – Sell $(18,000.00)
Estimated profit $63,000
- Address: Eastern Parkway, Winter Park, Florida 32789
- Price: NOW $279,900
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 1.5
- Garage/Carport: 1 Car Garage
- Total Square Feet: 1433
- Construction Type: Block
- Year Built: 1957
- Comparable 1: 2940 Parkland dr - 3/1, 950sf, No pool, pending 325k
- Comparable 2: 2822 Parkland dr - 2/1, 912sf, No pool, sold $307,900 (12/22/17)
- Comparable 3: 2817 Eastern pkwy - 3/2, 1376sf, No pool, sold $355,100 (2/9/2017
- Comparable 4: 2708 Parkland dr - 3/2, 1326sf, No pool, sold $400,000 (3/30/2018
