We were able to get this at a better deal after reviewing the inside. Looks like there is $30k in repairs.
This BLOCK SFH sits in a cozy neighborhood. Close to lakes, orange groves, state parks, Lake Wales and Avon Park.
This property appears to be almost 1100 sq ft due to a porch being enclosed, and we are not sure if that was permitted or not.
Based off the comps in surrounding neighbhoorhood, with the same Sunray homes, the ARV is estimated to be around $115K+
Sun Ray Homes
Est. Rehab: $30,000
Est. ARV: $115,000+
Recent Area Sales / Activity:
- 509 Stanley Ave is pending for $132,900, 2/2, 1,056 sq ft, painted cabinets, new flooring, same old windows
- 260 Walter Ave is pending for $128,900, 2/2, 1040 sq ft, cleaned up, small lipstick job.
- There was only one comp in the neighborhood in the last year and a half that was a 2/1 but 682 sq ft, and sold as-is condition, no renovation, and sold for $62K.
- Address: Princeton Ave, Frostproof FL 33843
- Price: Now $49,900
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 2
- Bathrooms: 1
- Total Square Feet: 1083
- Construction Type: Block
- Year Built: 1964