Ridgemont Rd., Orlando, FL 32808

no images were found

Block 3/2 located in Pine Ridge Estates.  For a rental, you will need about 15k in rehab including but not limited to kitchen updates, bath cleanup, some flooring and paint.  The roof doesn’t have any leaks, but for a flip, you probably want to replace it.  With values increasing in this area non-stop, holding and renting for a year, and then flipping may not be a bad strategy.

Pine Ridge, No HOA

Assignable

Est. Rehab: $15,000 – $20,000

Est. Monthly Rent: $1,050

Est. ARV: $140,000

Recent Area Sales / Activity:

• 5834 Forest Grove Blvd –   – Pending at $127.8k
• 3403 Forestdale Dr – 3/2, 1008 SF – Pending at $135k
• 5692 Deerfield Rd – 4/2, 1050 SF – Sold 1/24/18 for $138k ($121.05 PSF)
• 3808 Westgate Rd – 3/2, 1140 SF – Sold 12/2/17 for $130k ($96.15 PSF)
• 5616 Castle Oak Ct – 3/1.5, 1425 SF – Sold 2/28/18 for $108.42 PSF ($108.42 PSF)