Newfound Harbor Dr, Merritt Island, FL 32952

Beds: 5    Baths: 5    SqFt: 5056

ARV: $1,150,000    Repairs: $150k-$160k

$749,900+cc 

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Here’s a rare, off-market flip opportunity on the Banana River in beautiful Merritt Island. There are many possibilities as the home sits on a large 1.14 acre lot in Newfound Harbor. This property has a bonus guest suite that does not appear on county records however it includes a kitchenette, bedroom, full bathroom and stunning water views. The property is concrete block and has 5 bedrooms, 5 bathrooms, and has a 6 car garage. It will need complete updating throughout along with possibly opening up the kitchen to create an open-concept feeling. Some fresh landscaping and pool updating will also go a long way in helping bring the value up. Don’t miss your opportunity to turn this large home into a waterfront paradise.

8th St, Holly Hill, FL 32117

Beds: 20    Baths: 12    SqFt: 8648

Rent: $105,600/year

$914,900+cc

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Here is another fantastic multi-family income opportunity for a professionally managed apartment complex in the Daytona Beach area. Property is ready for cash flow immediately! This building is in fantastic condition, with no deferred maintenance.  Plenty of parking spots for tenants, historically 100% occupancy, close proximity to Halifax River and Centennial Park, and 6 minute drive to Daytona Beach make this an extremely appealing location.  Building lies close to public transportation and makes for an ideal location near many sources of employment. This property operated at a solid gross and CAP rate. Multi-family deals are becoming extremely hard to come by.  Don’t let this one pass you by.  Financial data can be provided upon request from serious buyers. Property Features:  Block construction, pitched shingle roof, 7 updated units with new kitchens, vanities, doors, lighting fixtures, and tile.  10 units are tile throughout while 2 have a mixture of tile and carpet.  All units feature and open living space and great floorplans, central AC, nice location

Pheasant Vlg, Deland, FL 32720

Beds: 3    Baths: 3.5    SqFt: 1788

ARV: $250k    Repairs: $15k

$179,900+cc 

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Looking for a get in, get out, and get paid kind of flip that’s right by the St. John’s River?  We bring you one of the easier flips available in recent months.  This is the only property in the neighborhood available under 300k and will be the cheapest price per square foot seen in this neighborhood in over 6 months.  What’s great about this property is a lot of the heavy lifting is already done.  Not only that, but the square footage does not even include the beautiful 312 square feet of space in the enclosed Florida room that is under both heat and air.  Property is rent ready as-is or could be flipped with some very minor updates.  Don’t let this opportunity pass you by!  Amenities include private boat ramp on the St. Johns River, clubhouse, and community swimming pool.  Third bedroom is the loft area with its own half-bath. Property Features:  New roof, new laminate flooring and carpet, fresh interior and exterior paint, new SS dishwasher and range, new ceiling fans and light fixtures, partially updated bathrooms, open floorplan, central AC, large Florida room under air. Flip Rehab includes updating kitchen cabinets, granite countertops, new vanities in bathrooms, replace flooring in entry-way, minor cosmetics and landscaping clean up.

S. Montgomery St, Deland, FL 32720

Beds: 4    Baths: 4    SqFt: 2152

ARV: $199k    Rent: $1800/mo

$189,000+cc 

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Newly renovated duplex in Deland! It is a 2/2/1 on each side and ready for immediate cash-flow.  Property includes nice hardwood flooring and a fireplace which is appealing to potential tenants. Each side should rent in the $900/Month range per side which would have you cash-flowing nearly a 10% ROI without lifting a finger.

English Ct, Winter Park, FL 32789

Tear Down & Build

ARV: $715k    Repairs: $250k-$275k

$230,000+cc 

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Huge Potential on a Winter Park Teardown/New Construction Lot. The lot is 55 x 98 which would support roughly a 2200 SQFT house. Currently the cost of a new construction are between $110-$120/SQFT and there is already a quote on the table for $8,700 to do the demo. New construction comps in this neighborhood are going for about $325/SQFT which would put the value of your new construction around $715,000. Using the average construction cost of $115/SQFT plus the cost of demo and purchasing the lot you are looking at a 70% ARLTV!

Pineda St, Cocoa, FL 32922

IMG_5095

Beds: 3    Baths: 2   SqFt: 1056

ARV: $120k    Repairs: $25k

$70,000+cc 

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Easy Fix & Flip or Buy & Hold in Cocoa. Check out this 3 bedroom 2 bath block home that was built in 1960 offers 1,056 sqft of living space and a 1 car stall carport. Property is currently occupied with a month to month tenant who has been there 5 years paying below market rent of $750/mo. A little cleanup and paint and you can pull market rent of $1,100/mo. Taxes low at $951. No HOA. This home will need upgrading to sell at an ARV of $120k. Call Me Now To Buy.

Chestnut Woods Dr, Lakeland, FL 33815

Beds: 4    Baths: 2    SqFt: 1820

ARV: $95k    Repairs: $8k     Rent: $1050/mo

$77,500+cc 

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Here is a multi-family property that consists of two, 2 bedroom/1 bathroom units. Each side is approximately 910 square feet. The property appears to be in good condition, with tenants who currently pay $500 to $550 per side on a month to month basis. Property will need to have both A/C units checked and possibly one replaced. Roof appears to be in good working conditions with no visible leaks. Rent continues to rise in Lakeland, making this property an excellent addition to any investor’s portfolio.