W Pine St, Orlando FL 32805

Beds: 4    Bath: 2    SqFt: 1,225

Repairs: $0-$2k  Rent: $1100-$1200/m

$93,000+cc Assignable

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Rent ready 4 bed 2 bath home with market rents around $1100-$1200/m. Windows are in place, but borded up. Interior ready for new tenant. Near Citrus bowl on a block with very little development, this is good because it’s an easy aquisition for a big commercial developer. Zoned R-3B. I believe this house will have high value to a commercial builder as a tear down in 3-5 years as downtown Orlando continues to expand West. Only 3 seperate properties on the entire block which borders Church St and Tampa Ave, across the street from the Citrus bowl. Collect a solid rental ROI while you wait for a big payoff from a developer who buys the entire block from the only 3 seperate land holders. Only 1 mile from the new Orlando City Soccer Stadium.

King Cole Blvd, Orlando FL 32811

Beds: 3    Bath: 2    SqFt: 1,000

ARV: $145k    Repairs: $10k

$108,000+cc Assignable

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The home has a new roof, new windows, and new bathrooms. The renovation is 90% complete and an easy $10,000 for a/c, appliances, a side door, and permitting will make it ready for market. There are outstanding code enforcement issues and liens that we were told would be removed once property is brought into compliance. Liens total $8,000, but should be reduced to well under $1000, if not less.

Mariner Blvd, Spring Hill, FL 34609

Beds: 3   Bath: 2   SqFt: 1992

ARV: $195k- $200k   Repairs: $50k

$105,000+cc

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Off Market Spring Hill Rehab. Come quick and check out this 3 bedroom 2 bath block home that was built in 1987 and sits on a .33 acre corner lot. This property will need upgrading throughout and some roof repairs to get it back in pristine condition and sell at an ARV of $190k-$200k. This home offers 1992 sqft of living space with a 2 car garage Spanish tile roof, a screened pool, and music and vacuum system in the walls throughout the property. Don’t Miss Out, Call Me Now to Purchase.

W. Dees Rd, Lakeland, FL 33810

Beds: 8   Baths: 5   SqFt: 3400

ARV: $350k  Repairs: $5k+  Rents: $3000- 3400/mo

$249,900+cc Assignable

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Great opportunity to own a cash flowing multiple residence property on 2 acres very close to major roads and shopping in Lakeland. Property consists of a single family, mobile home and a garage/efficiencies. Tenants have been there for some time, so there’s definitely good cash flow history and lots of room for more. The single family home is in good shape, with central A/C and a newer metal roof, might just need minor cosmetics. Right hand side mobile home is older, might need a few updates, but no repairs appear to be needed at the moment. Garage efficiency is grandfathered in, might need some updates and a plumbing repair, but no other needs mentioned by the tenants. There is a detached garage on left side of property which is empty and there is also a small mobile home left of it that is empty as well. So there’s definitely more opportunity to add more income. There is also a RV hook up for electric. Overall, there could be some updates to be done, but nothing that might require immediate attention. There are 3 electric meters and 3 septic systems. The lot itself is pretty clean, might need some light clean up and minor landscaping. Lots of space and opportunity to make it a great cash flow property. Great location, quiet, cul-de-sac street right of HWY 98, very close to major highways, shopping, schools and amenities. A bit difficult to find as no similar properties have sold in area, but one close duplex sold recently near by.

 

Comps:

7738 Chase Rd
2/1 X 2 duplex, 2,228 SqFt, 1974, on .30 of an acre, clean rented units
SOLD $176,000 8/2018

Longfellow Blvd, Lakeland, FL 33801

Beds: 18    Bath: 10    SqFt: 5100

ARV: $390k+    Repairs: Light- Moderate   Rents: $4275/mo

$324,900+cc Assignable

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Are you looking for a lakefront, value-add, investment opportunity? If so, here’s eight residential units, two of which are single family homes; one has 3 bedrooms and 2 bathrooms, the other has 3 bedrooms and 1 bathroom. Also included are 5 manufactured homes that are all 2 bedrooms and 1 bathrooms. In addition, there is one garage unit with 2 bedrooms and 2 bathrooms. All units have basic appliances, excellent rental history, and they are conveniently located near major highways, main roads and shopping plazas. All units are tenant occupied, and on a month to month basis. The majority of the tenants have been living in units for more than 15+ years, so all units are under current market rent.

McCorvey Rd, Deland, FL 32724

Beds: 2    Bath: 1    SqFt: 1200

ARV: $200k+    Repairs: $35k- $40k

$110,000+cc Assignable

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Deland Flip with over 10 acres of Land. This 2 bedroom 1 bath 1200 square foot home sits on 10.5 acres of land. It has an office that could be converted to a bedroom to make it a 3/1 and could have the potential to be a 3/2. Comps in this area vary in lot and property size. A similar square foot 3/2 with the same amount of land sold for $225,000 in the past year! A nearby 5 acre lot sold for $100,000 in the last year as well. The land is easily worth more than our wholesale price. Comp price per square foot is between $174 and $195 for updated homes in this area. The current home has an ARV of around $200,000+ depending on the finishes the buyer would like to add — or, you could tear down and rebuild a larger home for an ARV of $300,000+!! Repairs — $40,000. Property needs complete renovation inside and out. There are a few destroyed greenhouse frames on the property that will need to be removed. Email me for Walk Through Video. Call Me Now To Purchase.

Emeralda Rd, Orlando, FL 32808

Beds: 4    Bath: 2    SqFt: 1171

ARV: $150k-$160k    Repairs: $30k

$89,000+cc Assignable

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Off Market Orlando Flip Opportunity! Come check out this home located in 32839. The county shows this property as a 3/1 but it is being used as 4/2 with the back sunroom being extended as an extra bedroom and there is also a bathroom in the back. This house needs your basic upgrading throughout: kitchen, floors, baths, paint, etc. This property has a new central a/c unit. This house is the cheapest active property available within a mile! There are good comps below to support this property. Call us now to purchase!

Comps:

  • 5610 ARUNDEL DR – 3/2, 1220 sqft – Sold for $167k ($136.89/sqft)
  • 904 SAN DOMINGO RD – 4/2, 1346 sqft – Sold for $169.9k ($126.23/sqft)
  • 5212 CORTEZ DR – 4/2, 1283 sqft – Sold for $154k ($120.03/sqft)
  • 908 N HASTINGS ST – 3/1, 1344 sqft – Sold for $150k ($111.61/sqft)
  • 1005 FERNDELL RD – 3/1, 1343 sqft – Sold for $149k ($110.95/sqft)