Turn Key Property

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.

For additional photos Click Here

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.

For additional photos Click Here

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.

For additional photos Click Here

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

For additional photos Click Here

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.

For additional photos Click Here

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.

For additional photos Click Here

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

For additional photos Click Here