Off-market flip opportunity in Winter Garden, walking distance to the restaurants and shops in Downtown. This is actually one of the bigger houses in the neighborhood. Tax rolls show it as a 3/1 but it is a 3/2.
This will need a full rehab to flip. It will need the standard cosmetic paint, floors, kitchen and bath. The roof is metal and may need to be changed and the A/C might need to be updated. The house does have updated electric which will definitely save you money. There is a deck that we recommend be replaced or removed and some landscaping will add curb appeal.
Like we said earlier, this is one of the bigger houses in the neighborhood. It is being comped with smaller houses and some with less beds and baths. Using and adjusted $/SQFT an ARV of $375,000 is quite conservative.
East Garden Manor, No HOA
Assignable
Est. Rehab: $40,000 +/-
Est. ARV: $375,000 +
Recent Area Sales / Activity:
- 321 Florida Ave – 3/2, 1050 SF – Sold 10/23/2020 for $295k ($280.95 PSF)
- 510 S Lakeview Ave – 2/1.5, 1137 SF – Sold 5/15/2020 for $313.5k ($275.73 PSF)
- Address: Florida Ave, Winter Garden FL 34787
- Price: $228,000
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 2
- Garage/Carport: Carport
- Total Square Feet: 1668
- Construction Type: Frame
- Year Built: 1939