Author: alexquezada

Central Florida Real Estate Investor Born and Raised in Orlando, FL Specialize in: Saving People from Foreclosure Real Estate Wholesaler Short Sale Genius Your Loan Mod Man Remodeling Properties

Bowden Way, Windermere FL 34786

Beds: 4    Bath: 3    SqFt: 2,666

ARV: $590k+    Repairs: $35k-$40k

$429,900+cc 

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Wow! Finding a house with flip potential nearly never presents itself in the luxurious Keenes Pointe community in Windermere! This property is the cheapest available house in the entire development by over $59k, and the only pool home that can be had under $519k. This property will mark the cheapest house to sell in Keenes Pointe in the last 6 months. It will also be the 2nd cheapest price per square foot to sell in the community in the last 6 months. This property has a ton of potential, with mainly cosmetic updates needing done. Whether you want to flip or hold onto this as a nice returning rental property with equity, you can’t lose. Make sure to check out the comps in the pictures section. Act quickly on this, as opportunities like this don’t come around too often. KEENES POINTE is a guard gated community, that blends world-class golfing, the pristine Butler Chain of Lakes, and the Tibet-Butler Nature Preserve all in one beautiful neighborhood, ¼ acre lot, 2 car garage, block construction, central AC, sturdy roof, kitchen with granite, wood cabinets, ss appliances, gas cook top, covered pool and heated spa with privacy landscaping, movie theater, 4 full bedrooms plus a bonus room, paved back patio, outdoor kitchen ready, covered back porch, interior laundry room, split room fireplace, covered front porch. To flip this property, we consider: Roof (optional but will net highest resale) refinish hardwood floors, update bathrooms, interior paint, minor drywall repair, minor pool maintenance (re grout some tiles, pool pump control panel, new filter gauge), interior/exterior paint. CALL US NOW TO PURCHASE!

E Washington St, Eustis, FL 32726

Beds: 3    Bath: 1    SqFt: 1,340

ARV: $170k+    Repairs: $40k-45k

$89,000+cc Assignable

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Flip in the Historic District of Eustis! HUGE upside in this home in ultra desirable Eustis Historic District. Prices keep rising in this area and homes are getting more difficult to find. Property is in need of a full basic rehab. We used an EXTREMELY conservative Price per SF at $127, giving you an ARV of $170k. As you can see, that is on the bottom end of the price per SF range. With a good rehab, your ARV should be considerably more.

Comps:

  • 430 Osceola Ave. – 2/2, 1104 sqft – Built 1920 – SOLD $162.2k ($146.92/sqft)
  • 426 Palm Ave. – 2/1, 1168 sqft – Built 1925 – SOLD $185k ($158.39/sqft)
  • 527 Palm Ave. – 2/2, 1256 sqft – Built 1958 – SOLD $157k ($125/sqft)
  • 705 E. Washington Ave. – 4/2, 1467 sqft – Built 1958 – SOLD $182.9k ($124.68)

Kingston Ave, Daytona Beach FL 32114

Beds: 1    Bath: 1    SqFt: 750

ARV: $75k-$110k   Repairs: Full Rehab

$36,000+cc Assignable

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Cheapest Home Available within 4 miles. Rehab or Rent this 1 bedroom 1 bath block home built in 1964 offers 750 sqft and is in need of complete renovation and addition of a 2nd bedroom.  Similar size homes are selling between $75k and $110k. Check out the comparable homes go take a look asap and Call Me To Purchase.

Comps:

  • 122 Mason Park Dr 2/1 784 sqft Built 1953 SOLD $108k Clean Not Renovated.
  • 530 Ruth St 2/1 800 sqft Built 1960 SOLD $73,500
  • 652 6th St 1/1  560 sqft Built 1949 SOLD $68,500
  • 147 Congress Ave 1/1 648 sqft Built 1943 SOLD $64k

2nd Ave, Deland FL 32724

Beds: 5    Bath: 3    SqFt: 1,906

ARV: $210k – $220k+    Repairs: Full Rehab

$85,000+cc Assignable

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Full Rehab Needed on this Deland SFH. Come check out this property that is in need of a full rehab and is more ideal for the experienced investor. There are plans for the Master/bath addition (already part of the house just converting a large front room to a larger master suite – plumbing already roughed in for bathroom) so it will be a 5/3. Call Me Now To Purchase.

Comps:

  • 2076 2nd Ave. – 4/3, 1,536sqft. – Sold for $200k

4 Duplexes – Lancaster Rd, Orlando 32809

Lancaster Duplexes

Beds: 16    Bath: 8    SqFt: 5,200

Take Over Cap Rate: 7.1%  ProForma Cap Rate: 9.7%

Current Gross Rent: $5,660  Market Rent: $7,200

Repairs: Light – Cosmetic   ARV: $855k

$660,000+cc Assignable

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Off Market Multifamily in Hot Orlando Zip Code 32809. This property has 4 block duplexes that sit on .42 acres, each unit is a 2 bedroom 1 bath with 650 sqft all built from 1963 to 1968. Property has a lot of long term tenants who are on month to month paying  below market rent, rents vary between $700-$715 per month. Roofs replaced in 2004, Newer AC units. Buyer has opportunity to make some interior cosmetic upgrades and push the rents to $900/mo. The 2/1 condos in Las Palmas at Sand Lake Rent for $920-$950. Owner pays for water and trash each is $200/mo. Owner also has value add opportunity to bill back water and increase the NOI. City Water & City Sewer. Taxes $6,053 a year and Insurance approx $3000/yr.  This will be the best addition to your portfolio for 2019. Buy at a 7 CAP, hold for 1 year and 1 day and Sell or Refinance at a 7.5 CAP for $855k. Don’t Miss Out, Act Now. Call Me Now To Purchase.

Screen Shot 2019-02-08 at 8.25.19 PM

Lancaster Profroma $900:mo

Perrine Dr, Orlando, FL 32808

Beds: 3    Baths: 2   SqFt: 1,720

ARV: $180,000    Repairs: $3k    Rents: $1,300

$145,000+cc Assignable

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Instant Equity when you purchase this Orlando Rental in 32808! Come take a look at this large 3 bedroom 2 bath block home built in 1958 that offers a 1,720sqft. of living space with a large fenced yard and a 1 car garage. Property just had installed a NEW ROOF with NEW DECKING (pictures don’t show new roof). Home also has a newer electric panel and meter was installed in December of 2015. Property is currently occupied with a long term tenant who takes great care of the home at $1050/mo, lease is up April 2019 and then you can achieve market rent of $1,500/mo. If replacing tenant interior paint and clean up is all that is needed. Taxes $1,532. Call Now to Buy.

 

Lynne Dr, Merritt Island, FL 32952

Beds: 2    Bath: 2    SqFt: 1,000

ARV: $150k-$160k    Repairs: $30k

Rent: $1200/mo

$84,900+cc

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Calling all Brevard Investors! Come check out this off market deal that offers 2 bedrooms and 2 bathrooms along with a thousand square feet of living space and a 1 car garage. The home is going to need updating throughout. The roof is around 25 years old and the electrical was updated 20 years ago. Also the A/C does not work. One of the bathrooms has a new sink, cabinet and shower. This property would be good for either a flipper or someone looking to hold long term. Market rent for this area is around $1200/mo! Call us asap to purchase!