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

Lake Dr NW, Winter Haven, FL 33881

Bed: 3    Bath: 1    SqFt: 916

ARV: $120k     Repairs: $25k

$56,000+cc

This property’s location is awesome with unobstructed Lake Views.  Property is going to need the front and back decks torn off and replaced.  Inside is pretty clean, but for a flip you will want to redo the bath, kitchen, floors and paint.  This is so cheap that it would make a great rental or a flip.  This is a no brainer. We will be starting probate today so may take 30 to 60 days to close.

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S. Julia Ave, Deland, FL 32720

 

Bed: 3   Bath: 2.5    SqFt: 1512

ARV: $165k     Repairs: $35k     Rent: $1350/mo

$96,000+cc

Attention Deland flippers, now is the time to jump on this deal.  This property is the cheapest available single-family home in all of 32720 based on price per square foot, and the second cheapest price per square foot available SFH anywhere in Deland.  This is also the cheapest available traditional sales price of any single-family home in 32720 over 1000 square feet, and the only available traditional sale over 1000 square feet under 100k.  In the last 6 months, 284 single-family homes have sold in 32720.  Of those, only 9 have closed traditionally at a lower price per square foot than this offering.  Only 10 homes over 1000 square feet have closed at a lower sales price in 32720 in the last 6 months as well out of 259 sales.  Property sits on a well-kept street close to Downtown Deland.  This property boasts a very nice square footage for this area.  With smaller, dated homes selling quickly for over $30k higher than this property, it doesn’t take long to realize the value being offered here. Needs: updated kitchen, SS appliance package, update bathrooms, electrical update, add closet for 3rd bedroom or make it in-law suite as it has private door to outside, update flooring, interior paint, minor exterior paint touch up. Act quickly on this one!

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MARTIN ST, LAKE HAMILTON, FL 33851

Bed: 6    Bath: 3    SqFt: 2336

ARV: $150k     Repairs: $40k-$45k     Rent: $2100/mo

$94,900+cc

Take a look at one of the least expensive multi-family properties available in Central Florida. The property has concrete block construction and is made up of (3) 2 bedroom, 1 bathroom units that are approximately 776 square feet in size. The property has been neglected and will need a solid rehab inside and out to get this diamond in the rough back to cash flow status. Once cleaned up, each unit should rent for an estimated $700 per month.

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Pavilion Ter, Deltona, FL 32738

Bed: 5    Bath: 3    SqFt: 1988

ARV: $215k     Repairs: $40k     Rent: $1600/mo

$134,900+cc

When was the last time you saw a price per square foot under $70 in Deltona?  This property marks the cheapest price per square foot of any available single-family home, and the only home currently available under $70 per square foot in ALL of Deltona.  This property is also the cheapest available 5 bedroom house in Deltona currently by over $55k.  To sweeten the pot, 985 single family homes have sold in Deltona in the last 6 months.  Of those, this will be the only home to sell traditionally in 32738 under $70 per square, and one of only 2 to do so in all of Deltona.  This property could be flipped, or fixed and rented for a nice return while home prices continue to skyrocket.  Property will need new roof, update some flooring, update kitchen, appliance package, update bathrooms, interior paint, exterior paint, minor screen repair, landscaping clean-up, repair washing machine plumbing leak, minor drywall repair

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Gwinnett Dr, Winter Garden, FL 34787

Bed: 3    Bath: 3.5    SqFt: 2304

ARV: $369k     Repairs: $10k     Rent: $2000/mo

$299,000+cc

This beautiful home doesn’t need to much love to turn a profit. Built in 2015 with gorgeous top-notch finishes, all you’ll really need to do is replace the carpet and some of the flooring and throw on a fresh coat of paint for around $12k total tops. Comps easily value this property at $369k, tons of built-in equity for this deal and a solid, quick profit. On the other hand, it’s currently occupied by a great long-term tenant paying $2,000 per month. The lease ends March 2019, and tenant is open to moving out but will need to be compensated for agreeing to break the lease early. However, market rent looks to actually be around $2300-2400/month, so theres a tradeoff for you to consider. HOA fees are $211/month. If you’re in the market for a high-end rental with tons of built-in equity and solid monthly cash flow (with potential for even more cash flow) or a quick low-maintenance flip, then this is a perfect deal for you. Drive-by only for now, DO NOT DISTURB THE TENANT.  Call now for more info.
Comps:

  • 15097 Valverse Alley – 3/2.5, 2400sf, built 2015, sold for $415k
  • 15537 Aviation Alley – 4/3, 3200sf, gorgeous updates, sold for $398k
  • 5443 Bowman Dr – 4/4, 2600sf, nice updates, sold for $375k

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Holmes Street, Cocoa, FL 32922

Bed: 3    Bath: 2    SqFt: 2269

ARV: $175k     Repairs: $60k

$70,000+cc

Off Market Cocoa Flip!  Come check out this big home in Cocoa that offers 3 bedrooms and 2 baths along with well over 2000 sqft. This is one of the bigger houses on the block with tons of design opportunities. It also has a three car garage and pavers in the driveway. We estimated this house to need a complete remodel on the inside. Call us now for more info!
Comps:
  • 1029 Revilla Ln – 4/2, 1823 sqft – Sold for $175k
  • 1290 Alsup Dr3/2, 1782 sqft – Sold for $188k
  • 1108 Pinedale Rd3/2, 1316 sqft – Sold for $152.5k
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S. Lincoln Ave, Lakeland, FL 33803

Bed: 3    Bath: 1    SqFt: 1005

ARV: $150k     Repairs: $15k-$20k

$105,000+cc

This is the cheapest active, pending or sold in the neighborhood within the last 6 months, including REO’s and Short Sales.  House is a 3/1 with just over 1,000 sf and is in relatively good shape already. You will not need to over rehab this house at all.  Only a couple of comps are nicely rehabbed but they are a different style of home.  You will need an outside ac, some kitchen/appliance work, spray in bathroom, and paint. Almost every comp sells within days, whether it is rehabbed or not.  You have a ton of  3/1 comps as well.  You have a pending at 1413 Camphor that is not rehabbed and sold for 145k in 7 days.   You don’t have a lot of rehabbed comps, but the ones you do are selling well into the 200k’s, so our ARV estimate of 150k is definitely very conservative. This property will go fast and is shown by appointment only.   Please call or text for more information.

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