Sanford

PENDING – S. Locust Ave, Sanford, FL 32771

Beds: 3    Baths: 1.5    SqFt: 1224

ARV: $140k    Repairs: $30k

$80,000+cc Assignable 

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Off Market Sanford Rehab or Retail! Come quick and take a look at this easy flip opportunity that’s at 57% of the ARV! To flip this home, it is going to need basic upgrading through out which includes floors, paint, electric panel, kitchen, baths and some landscaping. The property does have a brand new roof done this year, newer windows and has a newer a/c. This property also sits on a HUGE corner lot and also comes with the empty parcel next to it. Property occupied with a paying tenant who is month to month paying $700/mo. Buyer will have to close with the tenant and keep and raise rent or give 30 day notice to vacate. Call Me Now To Buy!

Comps:

  • 1501 S Locust Ave – 3/2, 1000 sqft Built 1961 SOLD $132,500
  • 1317 S Mellonville Ave – 3/1,  1079 sqft Built 1959 SOLD $130k
  • 509 E 14th St – 3/2,  1056 sqft Built 1971 PENDING $139,900

PENDING – N Aberdeen Cir, Sanford, FL 32773

Bed: 2    Bath: 2    SqFt: 1045

ARV: $175k     Repairs: $20k

$123,000+cc

Located just a few miles outside of Lake Mary, this block 2/2/2 is what most end buyers are looking for.  The house  was built in 1991 and sits in a great neighborhood.  The biggest item that needs to be address is the roof.  The ac is 10 years old as well, so you may want to change that out as well.  House has tile throughout but has not been updated since it was built in 1991. As for comps, most of the houses are not rehabbed either, so you really don’t need to go overboard.   You have comps upwards of 200k and most comps sold in less than 5 days.  Property is occupied and shown by appointment.  We will have a showing in the next week.

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SOLD – Country Club Cir, Sanford, FL 32771

Beds: 3   Baths: 1   Sq. Ft: 1085

ARV: $120k    Repairs: $15k 

$83,000+cc

Flip or Flow in Country Club! 3/1 built in 1958- Block home with single carport in a centrally located area of Sanford, FL close to 17-92. Home has good bones, property will require a light rehab and good cleaning. With multiple properties pending and recently sold in the area this could either be a flip or a buy and hold cash flow as Sanford has numerous city wide development plans in the works.

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SOLD – Hughes Ave, Sanford, FL 32771

Beds: 4   Baths: 1.5   Sq. Ft: 1362

ARV: $160k    Repairs: $5k-$20k    Rent: $1250/mo

$109,000+cc

Flip or cash flow this off market Sanford home! This property offers 4 bedrooms and 2 bath along with over 1300 sqft of living space. All major items for the property have been recently updated, so you just need to do the easy stuff. To get this property in rent ready condition it would need paint, carpet in bedrooms, and clean up. To flip this property it would need floors, kitchen & bath upgrades, and paint. Market rent for this home if $1250/mo. Plenty of pictures in the link below. Access is by appointment only, so give us a call ASAP!

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SOLD – W 2nd St, Sanford, FL 32771

Beds: 3   Baths: 2   Sq. Ft: 1088

ARV: $140k-$150k    Repairs: $1k (Rent) or $20k (Flip)   Rent: $1000-1100/mo 

$85,000+cc

Awesome Sanford Opportunity! This home would make a great addition to your rental portfolio. Home is currently rented out for $900/mo, the market rent for this area is $1,000-$1,100/mo. The tenant is willing to stay if you decide to go that route. Home will only need an easy clean up if looking to get a new tenant at market rent. If your looking to rehab this property it will need kitchen, bathrooms, floors, paint. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net

Comp:

  • 300 S ELM AVE, SANFORD, FL 32771 – 2 BED, 2 BATH, 1135 SQFT – SOLD FOR $160K

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SOLD – S. Palmetto Ave, Sanford, FL 32771

Beds: 3   Baths: 1   Sq. Ft: 1,244

ARV: $150k-$160k    Repairs: $40k-$50k

$75,000+cc

Off Market 3/1 in Heart of Sanford on a very nice street. Property is in need of a full rehab. The last owner started the project now its your turn to finish it. House needs drywall, Paint, Flooring, Bathroom, Kitchen and Stucco work. Everything has been stripped down and needs someone with a vision to make this an easy flip. House also could be a Buy and Hold opportunity with home values going up and with a smaller rehab figure be easily rented. Comps in the area are increasing pretty rapidly. There are a couple of pending that, if closed would increase your potential for profit. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net

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SOLD – Mohawk Ave, Sanford, FL 32773

Beds: 3   Baths: 1   Sq. Ft: 1,242

ARV: $140k    Repairs: $30k 

$77,000+cc

Great Fix and Flip in an established Seminole County neighborhood. This 3/1 sits on a double lot and the rod iron fence is included in the sale. The roof is about 10 years old and could use a cleaning and some fascia board replaced. The overhang in the front of the home is an addition that can either be repaired or removed. The rear exterior of the home has some stair step cracks from the tree and will need some stucco work and the tree removed along with a few stumps that are in the yard. Inside the home will need a kitchen rehab and bathroom rehab, flooring, windows, drywall work and paint in and out. The A/C appears to be intact and electrical panel up to date. Plumbing is PVC throughout the house. Homes in this neighborhood sell fairly quick. Call today for showing!!! Contact me at 407-404-3225 or email me at Alex@VaultVentures.net

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