Realtor

SOLD – Kazaros Cir., Ocoee FL 34761

Beds: 4   Baths: 3   Sq. Ft: 2212

ARV: $290k    Repairs: $15k

$219,900+cc

Super clean newer house in really nice Ocoee neighborhood! This is the easiest flip this is going to come across your desk for the rest of the year. The house literally needs just paint, carpet, and appliances. The property already has a nice paver driveway, and you don’t even need to spend money on window treatments. 4/2 with a great floor plan, master has a walk-in closet, and the property has no rear neighbors. When you go to flip the property, you will be selling under that 300k price point. That inventory is what’s flying off of the shelves. Move on this property quickly because it will not be around for long!

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SOLD – Kenwick Cir, Casselberry, FL 32707

Beds: 2   Baths: 2   Sq. Ft: 1126

ARV: $115k    Repairs: $5k-$12k    Rent: $1000-1100/mo

$78,000+cc

Partially renovated condo in Oxford Square in Casselberry. This 2nd floor unit is a 2/2, 1126 sq ft and has updated bathrooms( just need the vanities painted), new ac, all the 14mm laminate flooring is there for the main areas as well as all the paint for the entire apt  As a rental you need to install the flooring and paint, add appliances in the kitchen and carpet in the bedrooms. The rents in there are going between $1000-$1100 for similar units. For a flip you will do the same thing but also redo the kitchen. You are probably about $12k on a flip and less than $5k for a rental. The comps for a flip should be about $110k to $115k. You have had 2 sell for $90k in the last 6 months that are updated but not flips and 1 that is updated and is pending for $125,800 and was the nicest of the 3 units that have sold. I am estimating this one should sell for about $115k-$120k.  If you air on the side of caution you can put the ARV at $115k. That puts this one at 78% of ARV. HOA is $235/mth

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SOLD – Lesia Cir, Orlando, FL 32835

Beds: 5   Baths: 2   Sq. Ft: 1994

ARV: $250k    Repairs: $50k-$55k    Rent: $1500/mo

$135,000+cc

Looking at the current inventory in the zip code of 32835, this would be cheapest available based on price per square foot, with renovated homes selling for upwards up $140 a square foot, there is a tremendous amount of upside for a flip. Valencia Hills is located just outside the borders of Winderemere. Zoned for Olympia High School, this property is a short drive to Valencia Community College, all major theme parks, MetroWest Golf Course and major highways. Don’t hesitate. This is certain to sell quickly. Rent Rehab: 30K, roof, interior/exterior paint, flooring, kitchen and bath updates, new appliances, minor cosmetics and yard cleanup is recommended. Flip Rehab: 50-55K, new roof, interior/exterior paint, kitchen and bath renovation, flooring, landscape package, misc. cosmetics are recommended.

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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 – N. Foxdale Dr, Citrus Springs, FL 34434

Beds: 3   Baths: 2   Sq. Ft: 1516

ARV: $150k    Repairs: $6k (Rent) or $25k (Flip)    Rent: $1100/mo

$99,000+cc

New Property Alert! Check out this diamond in the rough! Flip, rent, or sell on a lease option. The opportunities are in your hands. Home does need some repairs. Rental repairs are estimated around $6k which include: ext paint, dishwasher, stove, some flooring (bathroom), clean up. Flip repairs are estimated around $25k which include: paint, kitchen, bath, roof. Enjoy the privacy of this home with no rear, side, or front neighbors. Market rent for this area is $1100/mo, which would bring a ROI of 10%. Don’t hesitate on this deal! DRIVE BY ONLY – BY APPT.

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SOLD – Sunset Pointe Pl, Kissimmee, FL 34744

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Vacant Land – .66 Acres

ARV: $900k    Rehab: New Construction 

$130,000+cc

Don’t miss this chance to build a custom dream home in Kissimmee’s Sunset Pointe, a beautiful enclave lakefront community on Lake Tohopekaliga featuring a community dock with boat slips, tennis courts, and a park. Sunset Pointe is a pristine, gated lakefront community and features only 16 home sites offering plenty of peace and privacy. This Lot is waterfront to a retention pond with access to the community private dock to Lake Tohopekaliga. The minimum square footage requirement for this subdivision is 3,400 sf so you can work with the onsite builder, bring your own builder or work with the sellers builder to build a planned 6,800 sqft, 6 bedrooms, 4 bath home with a 4 car garage and pool. Sale includes all the house drawings, survey for the massive home and the truss package and deposit have all ready been paid for. All permits have been approved. The HOA is $200/ mo. and has been paid thru to December. YOU CAN START YOUR BUILD IMMEDIATELY AFTER CLOSING! Appraisal for the property after the build came in at over $900k. There is a lot across the street listed for sale at $300K. Call for more details on this deal. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net

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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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