Shelly Ave., Orlando FL 32833

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3 bed, 2 bath, 1448 SF mobile home on 1/2 acre lot in East Orlando. Tenant just moved out of the mobile home and left a mess, but the home can be repaired and updated for a nice profit as a flip or kept as a rental. Newer well pump and equipment. Newer metal roof on mobile home. Needs trash out, lawn cleanup.

Mobile home needs: flooring, paint, drywall repairs, new fixtures, etc. Kitchen could be partially salvaged for a rental, but you would want to replace it for a flip. We are estimating $12k-$20k in repairs depending on if you flip it for a rental or resale.

Bithlo area, No HOA

Est. Rehab: $12,000 – $20,000 (depending on rental vs. resale)

Est. Monthly Rent: $900

Est. ARV: $115,000 – $130,000

Recent Area Sales / Activity:

• 232 Wellon Ave – 1975 mobile home, 2/1, 600 SF, 1.1 acres, fixed up & in decent condition – Sold for $105k
• 208 Wellon Ave – 1973 mobile home on .75 acres, beat up condition – Sold for $70k in 2 days
• 18456 16th Ave –  1998 manufactured home on almost 1/4 acre – Sold for $129k in 39 days
• 18404 12th Ave – 1998 mobile home, 1104 SF, .35 acres – Sold for $131k in 59 days