Santiago Ave., De Leon Springs, FL 32130

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Here’s a great opportunity to purchase a concrete block home in a nice area surrounded by well kept homes and close to highways, schools and beautiful De Leon Springs State Park.  This would make a good flip or cash flow rental (it’s only 15 minutes from Stetson University).

This was a hoarder’s house and will need a large amount of trash removal before rehabbing.  It will be a heavy rehab as it needs everything: roof, ceiling repair, flooring, AC, kitchen, bathroom… everything.  It is priced accordingly with plenty of equity left over after repairs.

Deleon Villas, No HOA

Assignable

Est. Rehab: Full Rehab

Est. ARV: $160,000

Recent Area Sales / Activity:

• 5745 Fox Hollow Rd – 3/2, 2213 SF – Active for $284.9k
• 235 Spring Garden Ave – 3/2, 1234 SF – Pending for $161,880
• 871 Spring Garden Ranch Rd – 3/2.5, 2250 SF – Pending for $209.9k
• 5570 Park Ave – 2/1, 660 SF – Sold 10/31/17 for $62.5k
• 301 Desoto Ave – 2/1, 1156 SF – Sold 7/3/17 for $100k
• 266 Spring Garden Ranch Rd – 3/2.5, 1806 SF – Sold 3/1/18 for $230k ($127.35 PSF)
• 5260 Myakka Rd – 3/2, 2633 SF – Sold 7/24/17 for $339k ($128.75 PSF)