Awesome Pool Flip in Fruitland Park Twin Palms Rd., Fruitland Park FL 34731
This large 4/2 home is in a small private community on Picciola Island on Lake Griffin within walking distance to public boat ramp. It is close to Leesburg and The Villages in central Florida. The home features a large pool, fireplace, and lots of square footage. It has a shed for extra storage and a carport in addition to a 1 car garage. The electrical and plumbing systems appear to be in good condition. The pool, pump, and filter also appear to be in good condition. Very strong comps and limited inventory of retail condition homes make this house an easy flip.
To maximize ARV, this property needs a full rehab. It will need a new roof (or significant roof repairs). Kitchen and 2 new bathrooms should be renovated. They are functional for a rental but will need to be updated for a flip. New flooring is needed throughout the home. New fixtures, interior paint, and cosmetic work is needed. The wood paneling should be replaced with drywall. The AC system is outdated and a new condenser and handler will need to be installed. A new water heater should also be installed. The garage door will need to be repaired or replaced. The exterior will need pressure washing, new paint, and landscaping. The screen enclosure will also need repairs. The fence will need to be repaired and the pool will also need to be serviced.
The majority of the comps that are similar in size are not rehabbed.