S. Orange Ave., Orange City, FL 32763

REDUCED!

Price WAS: $38,500

New Price: $29,900!

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Fixer upper in Volusia County with some tremendous upside! This is the cheapest “active” in a mile by $70k, cheapest “pending” within a mile by $60k, and would be the cheapest “sold” within a mile and a year by $10k.

All of that being said, the property is going to need a full rehab inside and out. The property is not that big, so I think our rehab estimate is more than enough to cover everything, including landscaping. As far as ARV is concerned, it is super tough to tell. The range is pretty wide with similar properties within a mile. Please confirm ARV with your own estimate.

For rental purposes, the rehab should be a lot less and the property should rent anywhere between $825 and $900 per month.

Orange City, No HOA

Assignable

Est. Rehab: $30,000 – less for rental

Est. Monthly Rent: $875-$900

Est. ARV: Confirm with your own estimate

Recent Area Sales / Activity:

• 602 Dixson St – 2/1, 720 SF – Active for $115k
• 431 S Sparkman Ave – 2/1, 800 SF – Active for $115k
• 330 W Graves Ave – 2/1.5, 912 SF – Sold 6/2/17 for $63k ($69.08 PSF)
• 684 N Carpenter Ave – 2/1, 816 SF – Sold 6/21/17 for $70k ($85.78 PSF)
• 540 N Pine Ave – 1/1, 840 SF – Sold 4/7/17 for $82k ($97.62 PSF)
• 697 N Leavitt AVe – 2/1, 832 SF – Sold 11/29/17 for $83.5k ($100.36 PSF)
• 201 W Central Ave – 2/1, 848 SF – Sold 6/23/17 for $84.9k ($100.12 PSF)
• 215 N Park – 2/1, 980 SF – Sold 11/7/17 for $119k ($121.43 PSF)