Winter Haven

PENDING-Hatfield Rd, Winter Haven, FL 33880

Beds: 3    Bath: 1    SqFt: 1338

ARV: $140k    Repairs: $20k-$25k

$85,000+cc Assignable

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Excellent flip opportunity located in an Winter Haven. This corner lot home conveniently sits near multiple shops, lakes and downtown area! Features also include a family room with a brick fireplace, screened porch and a large backyard area, perfect for entertainment! The garage was converted into a large den. Don’t miss out on this investment opportunity! The roof is only 4 years old so you’re good there. A portion of the siding needs to be replaced. Some areas of the soffit need to be repaired. The AC system needs to be replaced. New screen panels need to be installed in the rear porch. The converted garage needs electrical maintenance, along with minor drywall repair. For maximum retail value, the kitchen, bathroom, and floors should all be updated. To finish, interior paint must be applied, along with some landscaping and fence repairs to boost curb appeal.

Important Details / Seller Notes

Property is 1,008 sq ft on tax roll. Enclosed den from converted garage adds an additional 330 sq ft of living space.
Furniture is staying in the house. Buyer must assume and do a trash out.

Comps:

  • 500 TOTTY ST, 3/2 1028 sq. ft. LLC bought for $81,254 and flipped it for $139,000.

PENDING – Cypress Gardens Blvd, Winter Haven, FL 33884

Beds: 3    Bath: 2.5    SqFt: 2146

ARV: $225k+    Repairs: $25k-$30k

$139,900+cc Assignable

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Beautiful property located in a desired neighborhood of Winter Haven with lots of potential! This single-family home sits on a sizable .35-acre lot with an enclosed pool area and a wooden deck. Features also include a car garage, a guest bath, master bedroom, and nice laminate flooring in the main living areas. This spacious layout also contains a nice living room and family room with sliding doors opening to the pool area. Don’t miss out on this perfect investment opportunity!!

Two areas of the overhang roof by the pool need to be repaired. Pool maintenance is needed. Other cosmetic updates are optional for a rental. For a flip, the terrazzo floors and kitchen counter-top should be updated as well as bathrooms. Minor ceiling repair may be needed in the kitchen. The master bathroom could use mild cosmetic updates. To finish, some interior paint is needed, along with pressure cleaning and landscaping to boost curb appeal.

COMPS:
106 TERRACE DR SE – 3/2 1,816 s/f SOLD 199k CONV (updated – no pool)
437 BROWARD TER – 3/2 1,687 s/f SOLD 200k FHA (updated w/pool)
298 OKALOOSA DR 3/2 1,697 s/f SOLD 211k CASH (live in outdated w/pool)
100 PASCO RD 3/2 1,915s/f REO SOLD 175k VA (REO completely outdated, w/pool)
555 ALACHUA DR 4/3 2286 s/f SOLD 245k CONV (clean but outdated, w/pool)

PENDING – Lake Dr NW, Winter Haven, FL 33881

Bed: 3    Bath: 1    SqFt: 916

ARV: $120k     Repairs: $25k

$49,900+cc

Winter Haven Flip with Lake View.  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 flip or rental.  This is a no brainer. We will be starting probate today so may take 30 to 60 days to close.

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SOLD – Osprey Way, Winter Haven, FL 33881

Beds: 3   Baths: 2  Sq. Ft: 1701

ARV: $200k+    Repairs: Light 

$145,900+cc

This is a 3 bedroom(and bonus room), 2 bathroom, 2 car garage home located in desirable St James Crossing. This neighborhood is really starting to take off as they are finishing the build out after stopping in 2010. Property needs very little as you can see from the pictures and video including int/ext paint, carpet, appliances, a few light fixtures, tighten up the landscaping, and minor fence repair. Hurry and text/email today as all my homes have been selling very quickly!

Comps:
4749 Osprey Way 4bed, 2bath, 1,802sqft, built 2017 sold for $199.5k on 6/22/17
4722 Osprey Way 4bed, 2.5bath, 1,931sqft built 2017, sold for $204.5k on 5/29/17
4686 Osprey Way 4bed, 2bath, 1,701sqft built 2010, sold for $175k on 8/31/17
4733 Osprey Way 4bed, 2bath, 1,981sqft built 2017, sold for $207k on 6/22/17
4750 Osprey Way 4bed, 2bath, 1,981sqft built 2017, sold for $207k on 5/30/17
4738 Osprey Way 3bed, 2bath, 1,641sqft built 2017, sold for $188.5k on 6/21/17
4730 Osprey Way 4bed, 2bath, 1,981sqft built 2017, sold for $208k on 5/17/17

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SOLD – Avenue S NW, Winter Haven, FL 33881

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Beds: 2   Baths: 1   Sq. Ft: 600

Repairs: $2k-$3k   Rent: $625/mo

$34,900+cc

Turn-key property in Winter Haven. Updated plumbing and electric, new flooring, with 2 bedrooms and 1 bath. Large lot close to major shopping center. Nice shed in back. The home is currently rented at $625 per month yielding a nice return on investment. Don’t miss out on this inexpensive rental with a great return. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net

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