No matter how you slice it up, it’s hard to go wrong with this deal. Situated on a brick street, where million-dollar homes already exist, and more being built, this home is by far the best deal winter Park has to offer. With similar, dated homes getting scooped up by builders, one could do a basic rehab and cash flow while continuing to build equity as the land values increase. Additionally, you could do a flip rehab or simply tear the existing structure and build a brand-new home. Considering that much smaller homes are selling for higher than the subject property and new construction selling near $400/sq, one should not doubt the opportunity this deal presents. Property needs a New roof, Int/ext paint, texture ceiling, update flooring, update kitchen and bathrooms, SS appliances package, cosmetic updates throughout, new paver driveway and a landscape package.
Attention investors!! Fantastic opportunity to own a wonderful piece of Winter Park property adjacent to the sought after section of the Via’s!! With plenty of potential, one could either renovate or tear down and build their dream estate. This vintage 1950’s home on a 65×140 ft. lot has a split plan with a private master suite added to the back of the home. Two additional bedrooms are generously sized. The sunny dining area opens onto a roomy back proch. Located on the brick, tree-lined section of Temple between Magnolia and Hibiscus, and across from Whitesell. Sold as-is. The perfect spot to create the home of your dreams! The comps in the Via’s section of Winter Park are very strong and this is a prime location for a redevelopment opportunity.
Winter Park Pines! This is a very clean 2152 SQFT 4/2/2 in one of the most sought out neighborhoods. The house has had recent renovations including new wood cabinets and silestone counters in the kitchen and The 16 Seer A/C system has been installed within the last year. It also comes fully equipped with an installed solar power system, The landscaping has been well maintained and the roof is in good shape. So the rehab will include paint, flooring (its terrazzo), stainless steel appliances, updates to both bathrooms and any aesthetic renovations you wish to do dazzle your buyers. Houses in this neighborhood sell between $200-$215/SQFT but realistically the estimated ARV is in the $415k-$425k range. It would be a surprise if this house sits on the retail market for more than 7 days.
Located within a stone’s throw of Mead Gardens, this 3/2 block home is certainly worth a second look. Zoned R-2 and mostly updated, this deal carters to a broad range of investors. Whether you are looking for a move in ready rental in a highly sought-after area or a quick flip opportunity, this deal bares it all. In addition, out of the 67 sales in the last year- within a mile radius, this deal represents the 6th cheapest on a price per sqft basis. Property has a sturdy roof, tile flooring in most of the main areas, updated bathrooms and kitchen, SS appliances in the kitchen, a cozy wood burning fire place and a fully intact 2 year old central A/C. Rehab Needed: Interior/exterior paint, open up floor plan, hardwood flooring throughout, general cosmetic updates.
You rarely see properties like this anymore these days, so don’t miss it! Property was built in 2012 so all of your big ticket items are in great shape. The house just needs some nice upgrading to get a quick return. You have 3 comps that range from 166 to 183 per square. Using the lowest due to the size, would put you at 380k ARV or so. All comps were not new builds either, so you may be able to ask for more. All 4 comps, including the pending one, sold in 10 days or less. This is as slam dunk as they come. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net
This house is in the very sought after Kenilworth Shores neighborhood in Winter Park, it is also within the most sought after school district. House is the cheapest available home in Kelilworth Shores by 75k! I think the play is to add a second story, although there is 1,800 sf comp that sold for 522k. If you don’t add square footage and rehab what’s there, you will probably spend 75k+/-. If you are going to double the square footage, or thereabouts, you are probably going to spend closer to 250k. You are looking at an ARV of 730k to 800k. Comps on 437 Selkirk and 425 Selkirk are new construction. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net
New Price!! Winter Park flip in need of cosmetic repair with huge potential upside! House is a 3/2 with over 2000 square feet of living space in one of Central Florida’s most desirable zip codes! House needs updating throughout. Kitchen and baths will need to be replaced as will flooring. The AC needs a new compressor. Current seller was quoted a price of $1800 to fix. Needs interior paint and a few windows as well as a new sliding glass door. The kitchen will be a blank canvas, and with the right design, you can really make it pop for a potential Winter Park buyer! There is some variance in your ARV but there are several factors that point to great potential upside. We feel that $140/sq. or $285k is a very conservative number. Days on market in this neighborhood are very short. Additionally there are some pendings that, if closed, could raise your price tag to at or above $300k! Values in this neighborhood have been increasing and you are getting in at a great price point. All signs point to a potential surplus of equity when you are ready of flip! Contact me at 407-404-3225 or email me at Alex@VaultVentures.net