Eustis

SOLD – Blackwater Oaks Dr, Eustis, FL 32736

Beds: 3   Baths: 2   Sq. Ft: 1104

ARV: $135k    Repairs: $2k-$5k (Rent) or $15k-20k (Flip)   Rent: $850-1000/mo 

$69,000+cc

Rent the Mobile while you Build Your Dream Home on this Peaceful 5 Acres with Impact Fee Credit. 3 Bedrooms, 2 Baths, Metal Roof Over, 150 AMP Service and Well Pump Replaced w/in 5 Years. Once the Wekiva Expressway is complete, land values up here should skyrocket. This deal works any way you look at it! Rent the Mobile home for $850-$1000/m and earn 14% ROI after taxes and insurance. Update and Flip the home for an resale ARV of around $135,000 with only $15k-$20k in repairs. Or put $2k-$5k into it for a nice Rental on 5 acres. Beautiful 5-Acre Forest Property, Part Cleared, Part Wooded with Two Gated Entrances. Just a few Miles to St Johns River and About One Mile to Lower Wekiva River Preserve State Park – an 18,000 Acre Preserve with 18 Miles of Horse, Bike and Hiking Trails. The Property has Dusk to Dawn Street Light at Edge of Clearing. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net

Flip Comp: 32740 RED OAK DR – 484sqft sold for $132,500 (Over the $130k list price)

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SOLD – Monterey Dr, Eustis, FL 32726

IMG_1789

Beds: 3   Baths: 2   Sq. Ft: 1,374

ARV: $105k   Rehab: $10k(Rent) or $20k(Flip)

Rent: $900-$950

$49,900+cc

This beauty has a split floor plan with a huge master bedroom.  A very nice architectural shingled roof and also has a work shed in the back with electricity.  This would be a great buy and hold or an easy flip.  There is a smaller 2/2 on the same road that was only on the market for 3 days and is pending for 107k.  Most of the comps sold at or above list in less than 30 days.  This market is moving fast!  If you are looking for a buy and hold, you can easily get 900 to 950 per month. House needs kitchen and bath updates, some rot needs to be addressed, flooring, paint, 5 or 6 windows, some siding needs to be replaced in the back on the shed, and landscaping.  Roof and A/C are good. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net

For additional photos & comps Click Here