Marsh Rd., Deland, FL 32724

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This is a very desireable area for the country-loving wealthy! The 3 nearest active MLS listings to this property are listed for $1.49 Million, $495k, and $875k!

All this property needs is a full cosmetic rehab and it should easily bring in $225k, maybe much more! This is a solid 80% deal at an ARV of $220k, but the upside is huge. This one would be worth hiring a designer and trying to appeal to the rich looking to move to Marsh Rd. I would recommend nice finishes and trying to sell for around $239k-$249k. It’s still a perfect family home with 3 bedrooms, 2 full baths, 1649 sqft, and a 1/2 acre lot on a desirable road. It’s hard to tell true potential because this home is among giants!

ROOF WAS REPLACED IN 2011. DRAINFIELD WAS REPLACED IN 2011. SPLIT PLAN, LARGE ROOMS. FAMILY ROOM FEATURES A NICE FIREPLACE. THERE IS A COOL STORAGE SHED. PROPERTY HAS A 2 INCH WELL.

Holly Acres Rep

Assignable

Est. Rehab: $45,000

Est. ARV: $215,000

Recent Area Sales / Activity:

• 4489 DAUGHARTY RD: 3/2, 1377 SF (272 SF smaller), pool, 1/2 acre, OUTDATED – Sold for $215k in 22 days in July. After a full cosmetic upgrade, this property could put the Subject well over $225k
• 4663 S TOMOKA DR: 3/2, 1618 SF, pool, 1/2 acre+, OUTDATED – Sold in 4 days for $5000 over list ($190k). They definitely left money on the table with this deal!