Mellowood Ave., Orlando, FL 32825

JUST REDUCED!

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There is no sugar coating this one, but there is also a mega opportunity here. The house has been taken down to 4 walls, basically, due to a fire that ripped through the home. You will be rebuilding the inside and putting on a new roof with trusses and all. The pool was not affected by the fire, so that’s a good thing.

The bright side is this house is a block 3/2 with over 2,000 SF. You should have absolutely no problem finding a buyer for this on the back end. You will, essentially, have a 2019 built home and will be able to petition the city to make the change on county. That will definitely help you increase your ARV.

Pine Meadows

Assignable

Est. Rehab: $100,000 – $120,000

Est. ARV: $299,000 +

Recent Area Sales / Activity:

• 9025 Haywood Ct – 3/2, 1615 SF, NO Pool – Pending at $250k
• 428 S Deerwood Ave Unit 1 – 3/2, 1835 SF, NO Pool – Sold 4/5/18 for $285k ($15.31 PSF)
• 615 Mellowood Ave – 3/2, 1845 SF, Pool – Sold 10/15/18 for $275k ($149.05 PSF)
• 8849 El Prado Ave – 4/2.5, 2320 SF, Pool – Sold 8/7/18 for $309.9k ($133.58 PSF)