Deltona Rehab – Value Add Opportunity

  • $149,900
Daroca Dr, Deltona, FL 32725
  • Single Family
  • Property Type
  • 2 (3)
  • Bedrooms
  • 1 (2)
  • Bathroom
  • 880 (1,240)
  • Moderate+, Full
  • Estimated Rehab Cost
  • $235,000 to $245,000 +/-
  • Estimated ARV
  • Volusia
  • County

Overview

  • Single Family
  • Property Type
  • 2 (3)
  • Bedrooms
  • 1 (2)
  • Bathroom
  • 880 (1,240)
  • Moderate+, Full
  • Estimated Rehab Cost
  • $235,000 to $245,000 +/-
  • Estimated ARV
  • Volusia
  • County

Description

This 1968 concrete-block home is currently a 2-bedroom, 1-bath residence with 880 square feet of heated living area, a 1-car carport, and a separate 360-square-foot rear porch on a 7,500-square-foot lot in Flood Zone X. The porch brings the total building area to 1,272 square feet but is not heated living area. A full renovation of the existing legal 2/1 supports an estimated $235,000 to $245,000 resale range.

Estimated Repairs Needed

  • If you were to convert porch to bed/bath: Engineered plans and permits for the enclosed-porch conversion
  • If you were to convert porch to bed/bath: Third-bedroom and second-bath construction within the porch footprint
  • Deteriorated metal-roof repair/replacement
  • Central HVAC replacement
  • Aluminum branch-circuit and electrical-panel remediation
  • Full kitchen and existing-bathroom renovation
  • Interior wall, ceiling, flooring, trim, paint, fixture, and finish renovation
  • Unsafe rear wood-patio and deck demolition

Comparable Sales

  1. 1555 Fort Smith Blvd, Deltona, FL 32725 — Located 0.084 miles away and sold for $237,000 in May 2026. This renovated home has 936 square feet of recorded heated area as a 2/1 and was marketed as a 3/1 with 1,162 square feet after its enclosed area was counted. It has a 9,750-square-foot lot, no pool, and a 1-car carport. Its moderate renovation and location on busy Fort Smith Boulevard make it the strongest evidence for the renovated 2/1 baseline and a lower benchmark for the conversion plan.
  2. 1533 Fort Smith Blvd, Deltona, FL 32725 — Located 0.107 miles away and sold for $235,000 in January 2026. This fully renovated 3/1 has 1,104 square feet, a 9,375-square-foot lot, no pool, and a 1-car carport. Its larger footprint and extra bedroom are balanced by its busy-road location and extended market exposure, supporting the subject’s 2/1 value and the lower end of the 3/1 conversion scenario.
  3. 1542 Fort Smith Blvd, Deltona, FL 32725 — Located 0.064 miles away and sold for $275,000 in April 2026. This fully renovated 2/2 block home has 1,101 square feet, a 7,405-square-foot lot, no pool, and an attached 1-car garage. It is the closest finished support for the second-bath value, with better enclosed parking but fewer bedrooms and less living area than the proposed 3/2 subject.
  4. 1456 Helena Ct, Deltona, FL 32725 — Located 0.116 miles away and sold for $314,000 in March 2026. This renovated and updated 3/2 block home has 1,481 square feet, an 11,205-square-foot lot, no pool, and an attached 1-car garage. Its larger home, larger lot, and enclosed parking make it superior and keep the proposed subject below its sale price.
  5. 1521 Fort Smith Blvd — 0.147 miles away, pending at $196,000, 2/1, 820 SF, 10,000 SF lot, carport, mediocre finishes, and busy-road location. It receives zero ARV weight because it has not closed, but it is relevant evidence for the existing 880 SF 2/1 and current buyer resistance.

ARV & Rental Analysis

Renovated Current Legal 2/1 ARV — 880 Heated Sq Ft: $235,000 to $245,000 +/-

Estimated Rent: $1,800 to $2,000 per month +/-


Permitted 3/2 Conversion ARV — Approximately 1,240 Heated Sq Ft: $275,000 to $295,000 +/-

The $275,000 to $295,000 range applies only after the enclosed porch is legally converted, conditioned, permitted, finaled, and recognized as heated living area with three bedrooms and two bathrooms.

Details

  • Price: $149,900
  • Property Size (Sq. ft.): 880 (1,240)
  • Land Area (Acres): 0.17
  • Bedrooms: 2 (3)
  • Bathroom: 1 (2)
  • Garage: None
  • Year Built: 1968
  • Property Type: Single Family
  • Property Status: Flip
  • County: Volusia
  • Estimated ARV: $235,000 to $245,000 +/-
  • Estimated Rehab Cost: Moderate+, Full
  • Estimated Monthly Rent: $1,800 to $2,000 per month +/-
  • Yearly Taxes: 599
  • HOA Monthly Cost: $0
  • Construction Type: Block
  • Pool: None
  • City Deltona
  • State Florida

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