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!
Duplex near FSU! This concrete block duplex is currently tenant occupied and generating $900 per month in income. Each side rents for $450 and leases are in place. Great cash-flowing property with equity. Call Us Now!
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
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
Take a look at this super clean cash flow in Cocoa. This 3 bed and 2 full bath property will yield a nice ROI. Rents in this area of Shakespeare Park section are between 900 – 1,000/mo. The property has new water and sewer lines from the meter to the house. Terrazzo floors throughout the house except the wet area. Freshly painted inside and out. This is an amazing deal….buy and rent right away! Contact me at 407-404-3225 or email me at Alex@VaultVentures.net
Off Market Colonial Town Flip! Time is of the essence! Buyer backed out last minute, due to too many projects. Home offers 3 bedroom and 2 baths along with 1457 sqft of living space. We estimated repairs to be around $60k. Take a look at the pictures and call us ASAP!! Don’t miss another homerun deal!!!! Contact me at 407-404-3225 or email me at Alex@VaultVentures.net
Great flip in the private golf course community of Pelican Bay. This home has tons of potential and would sell very quickly when priced under $200k. Home has a new roof but need a full rehab. You can keep the tile flooring but all the carpets need to be pulled up. The siding needs some work and the ac needs to be replaced. Rehab should be about $35k. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net
Great off market flip! Located in a very desirable East Orlando area. Home is currently occupied by the owners, they will be out by closing. Showings by appointment only, first do a drive by & if you’d like to view interior we can schedule an appointment. Home needs kitchen updates & master bathroom updates, repair work to the soffit, paint & carpet treatment. 3 solid sold comps inside the same neighborhood all sold in less then 2 weeks, and all priced above $125/sqft. At $125/sqft this house is worth $170,000 all day long! Contact me at 407-404-3225 or email me at Alex@VaultVentures.net
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
Check out this super cheap home in the College Park area. This corner lot home is one of the lowest priced homes in the area and the lot is big enough to put a duplex on it. The lot is 50×118′ which should allow to put between at 1500-1800 sqft per side duplex. This home is also a great flip. The home needs overall updating. The roof is from 2004 but may have a few issues and we have included it in the rehab numbers. The home has newer windows and newer hardi-board siding. The home is currently used as a medical file storage facility and there are SO many files in there that it has caused the floors to sag a bit. The renovation includes new flooring, paint, kitchen and bathroom updating, possibly a roof and some re-configuring(converting from a 2 bed to 3 bed) to get the best floor plan. For max value we would add a 2 car garage to the back. Comps on this one are in the $300’s and even with a hefty rehab of $50k without a garage or about $70k with a garage you are still only at 75% of ARV. Several new townhomes a block away being built and selling for between $300-$315k for 1700-1800 sqft. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net
1603 Tulane was a 4/1.5 and sold on 12/16 for $267k. The house has clean but the main part was not updated. There seemed to be an addition on the back that looked good but layout appeard choppy.
1608 Tulane is a 3/2, 1312 sq ft with no garage. It is pending for $234,000 and appears to be lipsticked but is not a reno.
1601 Bryn Mawr St is a 2/2, 1215 sq ft and just came on the market 2 days ago for $265,000. Home is renovated but not a flip.