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Off Market Flip on a 1-acre lot. This is a great deal and a straight forward flip. The home needs overall updating including kitchen, baths, paint, and flooring. The A/C and roof are older so we put them in our estimate of repairs of $60,000, but if you can save either or both of them then you are just adding to the profit. The ARV is $399k with a potential profit of about $50,000 after closing costs and commissions. Homes in this area are selling in the 30-day range. The property will be vacant at closing.Please DRIVE BY ONLY!
West Orlando / Steeplechase area
Est. Rehab: $60,000
Est. ARV: $399,000
Recent Area Sales / Activity:
- 7926 Kimbro – 3/2, 2178 SF, newer – Sold for $420k on 3/19
- 7951 Sully Dr – 4,2.5, 2810 SF with a pool. NOT updated but did have a barn – Sold for $419.9k on 3/19
- 8232 Steeplechase Blvd – 4/3, 3293 SF, fixer-upper w/ pool, new roof, needing a full rehab – Sold for $315k
- 8118 Steeplechase Blvd – 4/3, 2903 SF, pool, looked good- Sold for $415k
- Address: Sully Dr., Orlando, FL 32818
- Price: $255,000
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 2
- Total Square Feet: 2510
- Construction Type: Cement / Brick
- Year Built: 1988