Builders

SOLD – Page Ave, Orlando, FL 32806

Beds: 1   Baths: 1   Sq. Ft: 898

ARV: $150k-$160k    Repairs: $25k    Rent: $850/mo 

$79,900+cc

This great little bungalow has lots of character and is in the super desirable 32806/SODO area. This area is on fire! Minutes from downtown Orlando and central to everything, this solid Block house won’t last long. This home is a 1 bed / 1 bath (listed as 2/1, just rebuild a wall to remake the 2nd bedroom). Repairs needed: Roof, Electrical, termites in attic, paint, and some landscaping.  

Comps:

  1. 1941 Essex Place – $199,900 (June) – 2/1 1099 sq ft.
  2. 2014 E Esther St. – $182,000 (Aug. 25) – 2/1 917 sq ft.
  3. 2208 Henderson Dr – $189,000 (August) – 2/1 816 sq ft. Dated condition
  4. 1712 Cloverlawn Ave – $189,000 (May) – 3/1 710 sq ft.

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SOLD – Shorecrest Dr, Orlando, FL 32804

Beds: 3   Baths: 2   Sq. Ft: 2232

ARV: $415k+    Repairs: $60k

$268,500+cc

Off market block home across the Street from Little Lake Fairview in College Park Zip! House is currently a 3/2 and 2,200 sf. There is a porch that was enclosed in the back of the house that will need a little work to make the addition a little more solid. We recommend turning that back room and turning it into a huge master bedroom. There is a utility closet that back up to that room that we thought would make an awesome master bath. By enclosing that room, you bring your square footage up to just under 2,500 sf. Other than that, the house is block and in great shape. It’s just dated and needs to be brought up to today’s standards. None of the comps had really nice rehabs done or super nice finishes. Even with “lived in condition” facades, the comps averaged 191/sf. Subject property is the biggest home and doesn’t have a garage. Taking that into account and using 415k as your arv, that is a sales pp/sf of 166/sf. We feel that is very fair and you could possibly get more if done right. Just blocks away, closer to downtown College Park, homes this size are still getting over 200/sf when rehabbed. Home is show by appointment only and will require a hold harmless per seller. She is concerned someone could get hurt.

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SOLD – S. Stone St, Deland, FL 32720

Beds: 3   Baths: 1   Sq. Ft: 816

ARV: $130k    Repairs: $35k    Rent: $900/mo 

$25,000+cc

This total rehab is a great opportunity to challenge yourself and see what you are worth. This property needs an absolute rehab, except maybe for the siding which surprisingly seems to be in good shape. This property sits on a nice corner lot and is located near Historic Deland and 6 minutes away Stetson University making it a great entry level home after rehab. If you are brave enough to take on the challenge go ahead and make me an offer!

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SOLD – Lawanda Loop, Zephyrhills, FL 33542

Beds: 3   Baths: 2   Sq. Ft: 1,152

ARV: $85k    Repairs: $20k    Rent: $900-1000/mo 

$35,000+cc

Check out this double wide mobile home in Zephyrhills, FL! Home sits on .25 acre lot – no HOA – taxes $1,508. Property also has a carport and shed. Property was replumbed 3 years ago, Roof & AC also 3 years old. Property needs flooring, some drywall, kitchen & bathrooms updated, some windows, exterior doors, and appliances. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net

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SOLD – Arch St, Orlando, FL 32808

Beds: 3   Baths: 1   Sq. Ft: 972

ARV: $90k    Repairs: $5k    Rent: $1000/mo 

$75,000+cc

Orlando Cash Flow! 13% ROI! Check out this 3 bedroom, 1 bath home with almost 1000 sqft of living space. This home would be great to add to your rental portfolio! Market rent for this area is about $1000/mo. Property only needs minor fixes – less than $5k for rent ready. Home as great curb appeal. There are also plenty of pictures up, so take a look at the link below. Then make sure your the first person to call because nothing is worst than hesitating!

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SOLD – Logan Ct, Deltona, FL 32725

Beds: 3   Baths: 1   Sq. Ft: 1524

ARV: $175k    Repairs: $30k    Rent: $1300/mo 

$99,900+cc

Nice block home in Deltona! Large .39 /acre lot on a cul-de-sac with a water view of the lake. A lot of potential for this home once it’s renovated. Solid comps in a rising market with little inventory should allow this home to sell upwards of $115 per sqft. The kitchen cabinets look ok, the property will need a new roof, AC, and add another bath to get top value. Two of the bedrooms are extra large so there is room to add a bath. Call now before it’s sold!

Comps:

  • 1444 Falmouth 3/2 1294 sqft pending for $167K
  • 1427 W Hartley Cir – 3/2 1401 sqft sold for $155K on 04/21/17 – $111/sqft
  • 1326 Fowler Dr – 3/2 1305 sqft sold for $150K on 7/07/17 – 115/sqft
  • 1273 Deltona Blvd – 3/2 1311 sqft sold for $150K on 8/03/17 – 114/sqft
  • 1520 Trinidad Ave – 3/2 1368 sqft sold for $170K on 7/11/17 – 124/sqft
  • 164 Kettering Rd – 4/2, 1530 sqft 2004 built sold for $195K on 6/14/17 – 127/sqft

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SOLD – Wayne Ave, New Smyrna Beach, FL

37 Units in New Smyrna

Price: $2,900,000

Owner Finance: $3,200,000

Back on the market! 37 unit apartment complex located right across the street from New Smyrna Golf Club. Property has had some work done to it already but still needs a little bit of work to bring it up to appropriate standards. The property is currently a C, but with a little work could be brought up to a B or A, depending on how much you spend. There is also an additional slab that used to have a building on it, that could be used to add another 6 to 8 units. You will need to sign an ncnd to get more information. Seller is willing to do some seller financing but is looking for 50% down and will hold a term of 15 years at 6% interest. Great opportunity to cash flow your retirement!

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