Valley Dr, Apopka FL 32703

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Obviously this is going to require a full rehab due to the fire. The property is solid block throughout and structure is sound. The right side of the house wasn’t burned but will need drywall and paint. The roof is older but the trusses are not in need of replacement, per the insurance inspector.

As it sits, the property is a 2/1 with 1188 SF. If kept that way, you will have an ARV of about $150k. However, there is room to make this a 3/2 by adding a 2nd bathroom. This could potentially add about 100 extra heated SF (Please measure personally to verify.) This would put the ARV in the $180k – $195k range. We already added that cost into the max rehab estimate.

Walkers JB & T E, No HOA

Assignable

Est. Rehab: $70,000 +/-

Est. ARV: $150,000 – $195,000

Recent Area Sales / Activity:

• 2354 Valley Dr – 2/1, 728 SF – Active at $178k
• 2333 Valley Dr – 3/2, 1040 SF – Active at $199k
• 2121 Beach Ave – 3/1, 1170 SF – Sold 3/19/20 for $155k
• 3771 Grice St – 3/2, 1000 SF –  Sold 9/9/19 for $182k
• 3764 Cochran St – 3/2, 1945 SF – Sold 12/20/19 for $183.5k