Uncategorized

Anthony Drive, Sanford, FL 32773

Bed: 3    Bath: 2    SqFt: 1410

ARV: $220k     Repairs: $3-5k      Rent: $1,475/mo

$175,000+cc  (Subject To Deal)

Turn Key Off Market Subject To Deal in Sanford Off Lake Mary Blvd.  Get into this property with less than  40% Down and make it a nice Buy & Hold for your rental portfolio. This 3 bedroom 2 bath block home was built in 1980 and offers 1,410 sqft of living space with a BRAND NEW ROOF, updated kitchen, a 2 car garage, and a huge backyard. The current tenants take great care of the property, they have been there 7 years and want to stay, they will pay $1,475/mo. Tenants are requesting to retile the showers in both bathrooms and for a new fridge. Property has a Federal Pacific Panel and will need to be switched out. AC unit was replaced in 2012.

The terms of this deal are as follows:

  • $68,500 Cash, Take Over Balance not to Exceed $106,150 Subject To.
  • 1st Mortgage – Balance $56,741, Payments $736.28 (PITI), 5.875%, 15 Years 8 Months left from 30 Year Loan.
  • 2nd Mortgage – Balance $49,409, Payments $383.97, 4.99%, 15 Years 6 Months left from 20 Year Loan.
For Additional Photos & Comps Click Here

SOLD – 11th Ave S, Gulfport, FL 33707

Bed: 2    Bath: 2     SqFt: 832

ARV: $200k     Repairs: $30k     Rent: $1100/mo-$1200/mo

$125,000+cc

Excellent flip or rental opportunity located in Pasadena Heights subdivision of Gulfport! This single-family home sits within walking distance of a school. Features also include a wooden deck patio, nice wood flooring throughout, laundry room and a large fenced-in backyard area, perfect for entertainment. With minor rehab, this will make an excellent investment opportunity! For a rental or flip, some areas of the eaves and wood siding need to be repaired. Drywall work is needed behind laundry. Termite treatment is also needed. For a flip, the kitchen, bathrooms, appliances, and some floors need to be updated. New water heater and AC units may be needed. The roof may need to be re-shingled. To finish it off, interior and exterior paint must be applied, along with some landscaping. Buyer agrees to assume property with current tenant/s. Tenant estoppel will be provided at or prior to closing.

Comps:

918 FREEMONT ST S, GULFPORT – 2/2/974 Sq ft – Sold for 204k on 05/29/2018

5721 NEWTON AVE S, GULFPORT – 2/1/898 Sq ft – Sold for 197k on 05/31/2018

For Additional Photos Click Here

SOLD – NE 8th Ave., Crystal River FL 34428

Beds: 3   Baths: 1   SqFt: 900  

ARV: $85k    Repairs: $1k–$10k   Rent: $850/Mo

$49,900+cc 

Charming single family home located in an excellent area of Crystal River.  This property sits on a sizable .24-acre lot with an attached carport and large backyard. This home has been recently updated and features include nice tile flooring in the main living area, nice sized bedrooms, and an updated kitchen. Don’t miss out on this perfect investment opportunity! This property has been recently updated, but some repairs are needed. For the exterior, the rear side of the overhang roof, a window, and the carport door need to be repaired. The electrical, plumbing and bathroom condition are unknown, but they are all presumed to be in good/fair condition. All other living areas are in good condition. For a flip, cosmetic updates to the kitchen, bathroom, and AC are recommended, along with interior paint and landscaping.

Comps:

  • 821 NE 4TH AVE – $99,000 – 1995 – 1/1 – 01/20/2017 – 649 SQ ft
  • 1206 NE 7TH AVE – $50,000 – 1986 – 3/2 – 03/20/2017 – 1,222 Sq Ft
  • 1216 NE 7TH AVE – $80,000 – 1986 – 2/2 – 01/22/2018 – 1,222 Sq Ft
  • 431 NE 11TH ST – $71,000 – 1958 – 3/2 – 02/20/2018 – 928 Sq Ft

For additional photos Click Here

SOLD – Eastern Pkwy, Winter Park, FL 32789

Beds: 3    Baths: 1.5    Sq.Ft: 1433

ARV: $425k    Repairs: $60k

$279,000+cc

Great flip opportunity in Winter Park! This is a full rehab but has good bones and a nice swimming pool with Jacuzzi. Homes in the area are going for 300+ per sqft for rehabbed and new construction. Depending on the rehab, the cost should be in the 40-60k range.

Comps:

  • 2940 Parkland dr – 3/1, 950sf, No pool, pending 325k 
  • 2822 Parkland dr – 2/1, 912sf, No pool, sold $307,900 (12/22/17) 
  • 2817 Eastern pkwy – 3/2, 1376sf, No pool, sold $355,100 (2/9/2017) 
  • 2708 Parkland dr – 3/2, 1326sf, No pool, sold $400,000 (3/30/2018) 

For additional photos Click Here

SOLD – Legacy Lake Dr, Maitland, FL 327512436

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Beds: 2   Baths: 2   Sq. Ft: 1,280

ARV: $135k-$140k   Repairs: $15k-$20k   

$81,900+cc

Maitland’s Visconti East 3 Story Townhouse. The pictures on this one make it look much worse than it is as there was a leak upstairs and the bank had the kitchen and some drywall removed. It needs to be seen in person to appreciate. This is a 3 story, 2 bedroom, 2 bathroom, 2 car garage townhome located in gorgeous resort-like Visconti East. It is just minutes from I-4, 408, Winter Park, Altamonte Springs, Downtown Orlando, RDV Sportsplex, Maitland Center Business Park, shopping, dining and entertainment. Visconti features incredible amenities including a resort style pool overlooking Lake Shadow, spa, wi-fi access at pool deck, gated entry, Concierge services, car wash area, laundry area, clubhouse, fitness center, playground and much more! It is tax assessed at $108k and monthly HOA is $306. To resell the property needs an easy rehab including drywall work, interior paint, flooring, baseboards, kitchen/vanity cabinets, appliances, light fixtures, and cosmetics.  Hurry and text/email today as all my homes have been selling very quickly!  Contact me at 407-404-3225 or email me at Alex@VaultVentures.net

Visconti East comps:
3011 Legacy Villas Dr 2bed, 2bath, 2 car, 1,280sqft sold for $133k on 9/28/15
1325 Lake Shadow Cir #303 2bed, 2bath, 1,048sqft sold for $127k on 10/5/15
2837 Shadow View Cir 2bed, 2bath, 2 car, 1,280sqft sold for $124.5k on 5/27/15
3016 Legacy Villas Dr 2bed, 2bath, 2 car, 1,280sqft pending for $137k

For additional photos  Click Here

 

SOLD – Tierra Circle Winter Park, FL 32792

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Beds: 3   Baths: 2    Sq. Ft: 1,650

ARV: $220k    Repairs: $40k

$129,000+cc

Winter Park Flip!!!  This is a concrete block 3 bedroom, 2 bathroom, home with a 2 car garage located in desirable Winter Park. Property is in need of updating throughout including interior/exterior paint, flooring, kitchen, baths, a/c, new windows and landscaping.  Property is located in Casa Aloma subdivision of Winter Park and sits on a large lot just over a 1/4 acre. ARV is $220k. Hurry and text/email today as inventory is low and flip opportunities are scarce.   Contact me at 407-404-3225 or email me at Alex@VaultVentures.net

1893 Poinciana Rd 3/2/2, 1,627sqft Pool Rehabbed sold for $220k on 12/30/14
2024 Sussex Rd 4/2/2 1,972sqft No Pool Upgraded, Not kitchen cabinets sold for $256,400 on 2/18/2015
1807 Pineview Circle 4/3/2 1,878sqft No Pool Renovated Flat Roof sold for $245k on 3/30/2015
1951 Linden Rd 3/2/2  1,903sqft No Pool Upgraded sold for $250k on 12/01/2014
2807 Ambergate Rd 4/2 carport 1,418sqft No Pool sold for $192,500 on 11/26/2104
616 Balfour Dr 3/2 carport 1,424sqft No Pool sold for $200k on 10/17/2014
2001 W Hampton Circle 3/2/2, 1,588sqft Pool NOT updated sold for $210k on 9/26/14
723 Bongart Rd 3/2/2, 1,612sqft Pool Kitchen Updated NOT baths sold for $230k on 8/25/14
1463 Nottingham Dr 4/2/2 1,687sqft No Pool Not Updated sold for $216k on 5/5/2014

For additional photos Click Here

SOLD – Virginia Dr Orlando, FL 32803

Beds: 4   Baths: 2.5    Sq. Ft: 2,023

ARV: $325k-$350k   Repairs: $40k

$199,900+cc

Audubon Park Flip!!! This is a home run flip in a very desired neighborhood.  Comps show that not only the newly renovated homes are flying off the market in days.  Property has great layout in a great area. The windows are newer and the Trane A/C looks like it was just installed.  Property also features an irrigation system.  Plenty of room for a pool for potential end buyers. Property has also been replumbed. This approved short sale is ready to be upgraded to fit to its potential. This property offers 4 bedrooms 2.5 bath with 2,023 SqFt of living space with a 1 car garage. Repair Estimates $40k-$50k with ARV between $325k-$350k.  Contact me at 407-404-3225 or email me at Alex@VaultVentures.net

For additional photos Click Here