Property Description:
This 1,296 sq ft 4-bed, 1-bath single-family home sits on a 10,220 sq ft lot in Winter Garden. The home will need a full renovation including roof, mechanicals, flooring, kitchen and bath upgrades, paint, and general interior/exterior updates. Once improved, it will compete directly with nearby updated homes that are moving quickly on the retail market.
๐ ๏ธ Rehab Scope
Full interior and exterior renovation including roof, HVAC, kitchen, bath, flooring, paint, fixtures, and landscaping.
๐ด Recently Sold / Pending
ยท 1650 E Bay St โ 1,192 sq ft, 3/2, built 1962 โ Sold $245,000 ($206/sq ft) โ updated
ยท 632 E Bay St โ 1,096 sq ft, 3/2, built 1996 โ Sold $295,000 ($269/sq ft) โ updated
ยท 1462 Keny Ct โ 1,352 sq ft, 3/2, built 1983 โ Sold $240,000 ($178/sq ft) โ dated
ยท 1170 E Bay St โ 1,094 sq ft, 3/1, built 1961 โ Pending $225,900 ($206/sq ft) โ updated
๐ฐ ARV Estimate: $240,000 โ $260,000
Given the subjectโs larger footprint (4/1 at 1,296 sq ft) and comps trading between $206โ$269/sq ft, a realistic ARV falls in the mid $200Ks once fully renovated.
With a $136,900 asking price and solid resale potential, this property offers a strong margin for either a retail flip or long-term rental strategy in Winter Garden.