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Here is a fantastic opportunity for the savvy investor. A 1950’s block home, currently 1500 SF with 3 bedrooms, 2 bathrooms, and a large backyard with 80′ of lake frontage. Highest value would be to add 1000 SF, creating a large 4/3. There was a very similar home with a nice rehab that sold in 8 days for 700K back in November. We have included 10K in the rehab numbers for a boat dock. Lots of homes throughout this area have been added to and rehabbed over the years.
Albert Lee Ridge Add 02
Assignable
Est. Rehab:$130,000
Est. ARV: $700,000
Recent Area Sales / Activity:
- 1021 Lake Bell Dr – 3 Bed / 3 Bath, 2,432 SF – Sold – 11/02/2018 – $700,000
- 1018 Turner Rd – 3 Bed / 2 Bath, 1,898 SF – Sold – 3/14/2017- $510,000
- Address: Turner Road, Winter Park, Florida 32789
- Price: $412,000
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 2
- Total Square Feet: 1489
- Construction Type: Block
- Year Built: 1958