Winter Park

Eastbrook Blvd, Winter Park, FL 32792

 

Bed: 3   Bath: 2    SqFt: 1260

ARV: $245k     Repairs: $50k    Rent: $1600/mo

$144,900+cc

Looking for a flip in a great neighborhood in Winter Park?  How about the cheapest property available in ALL of 32729 at the moment by over $55k?  This property marks the only single family home available in all of 32792 under $200k at the moment.  In the last 6 months, only 2 homes under 2000 square feet have sold for a lower price per square foot.  This will mark the cheapest property to close traditionally in 32792 in the last 6 months.  This property does have some settlement issues, but nothing that can not be resolved easily (reports available upon request).  With updated homes in this area selling for upwards of $200 per square foot, it doesn’t take long to recognize the value being offered here.  Take advantage of this sweet deal on a quiet street in an A+ school district. Terrazzo / hardwood / tile flooring throughout, partially updated master bathroom, fully functional kitchen with stainless steel appliances, 1 car garage, interior laundry room, screened in back porch, central AC, large driveway, A+ school district, fenced in back yard, no rear neighbor, sturdy roof. Resolve settlement issues, repair exterior cracks, update bathrooms, update kitchen, interior/exterior paint, replace some flooring, drywall repair, replace roof

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SOLD – Temple Dr, Winter Park, FL 32789

Beds: 3    Baths: 3    Sq.Ft: 1776

ARV: $520k (Rehab) or $900k (Build)    

Repairs: $60k (Rehab) or $110/sqft (Build) 

$379,900+cc

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.

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SOLD – S. Ranger Blvd., Winter Park FL 32792

Beds: 4   Baths: 2   Sq. Ft: 2152

ARV: $410k    Repairs: Light

$315,000+cc

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.

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SOLD – Orchid Ave, Winter Park, FL 32789

Beds: 3   Baths: 2   Sq. Ft: 1668

ARV: $390k    Repairs: $25k-$30k

$284,900+cc

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.

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SOLD – Salisbury Blvd, Winter Park, FL 32789

Beds: 4   Baths: 2.5   Sq. Ft: 2306

ARV: $380k    Repairs: $40k

$248,000+cc

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

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SOLD – Selkirk Dr, Winter Park, FL 32792

Beds: 3   Baths: 2   Sq. Ft: 1786

ARV: $520k-$800k    Repairs: $75k-$250k

$350,000+cc

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

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SOLD – Nottingham Dr, Winter Park, FL 32792

Beds: 3   Baths: 2   Sq. Ft: 2056

ARV: $285k-$299k    Repairs: $30k-$35k

$205,000+cc

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

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