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Amazing downtown Orlando flip deal in 32803, near Lake Como! Needs just about everything (repair breakdown below), but if you put in a nice renovation and finish off some of the additional sq footage that is already under the roof line you should increase the ARV to at least $355k after $60k in renovations. The added space should allow for another bedroom which will allow you to fully maximize the value of this property. There are new construction homes a block away for the upper $600’s-upper $700’s.
Drive by only for now, call now for more info and to schedule a showing.
Orlando Highlands, No HOA
Est. Rehab: $60,000
Repair breakdown:
Kitchen: $10k
Bath: $5k
Flooring: $7k
Paint: $3k
A/C: $3k
Windows and Doors: $4k
Plumbing and Electric: $5k
Roof: $9k
Landscape: $2k
Finish off add’l 200sf: $7k
Misc: $5k
Total repairs: $60k
Est. ARV: $359,000
Recent Area Sales / Activity:
Subject property (after renovations): 3/2, roughly 1600 SF living space
- 1704 Antigua: 3/2, 1483 SF, not updated, sold in less than a month for $330k, $222/sf
- 2117 Buckminster: 2/2, 1346 SF, updated, sold in 2 days for $325k, $241/sf
- 2220 E Gore – 3/2, 1298 SF, updated, sold in 5 days for $320k, $246/sf
- Address: Essex Place, Orlando, Florida 32803
- Price: $227,000
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 2
- Bathrooms: 1.5
- Garage/Carport: Carport
- Total Square Feet: 1399
- Construction Type: Block
- Year Built: 1950