Salsona Ave., Kissimmee FL 34744

REDUCED!

NOW $185,000
Price Was 189,900

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Sitting on just under 3/4 acre in a great Kissimmee neighborhood, this is a great home with a lot of square footage. Property has a huge fenced in yard and sits back about 50 ft from the street. Once you’ve brought to life, it will have tremendous curb appeal. It will need a full rehab: roof, A/C, flooring, kitchen, and bathroom updates. That being said, none of the comps are rehabbed at all either, and this is the cheapest home for quite some distance.

Comps in the area range from $130-$175 per square foot, in different levels of rehab, most of which are not rehabbed at all. With an average to below average rehab, getting $150/square foot seems very attainable.  That will put your value at $270k, which we feel is on the conservative side.  With a top of the line rehab, there is no reason your value couldn’t be as high as $299k.

Neptune Shores, No HOA

Assignable

Est. Rehab: Average, will vary on the investor’s choices

Est. ARV: $270,000

Recent Area Sales / Activity:

• 1050 Salsona Ave – 3/2, 1790 SF – Pending for $263.9k
• 1806 W Virginia Dr – 3/2, 2504 SF – Pending for $375k
• 1045 Partin Dr – 4/2.5, 1891 SF – Sold 7/8/19 for $245k ($129.56 PSF)
• 1110 Partin Dr – 3/2, 2064 SF – Sold 3/11/19 for $265k ($128.39 PSF)
• 1584 Starfish St – 4/2, 2196 SF – Sold 6/28/19 for $276k ($125.68 PSF)
• 1810 W Virginia Dr – 3/2, 2064 SF – Sold 8/23/19 for $340k ($164.73 PSF)