East Orlando Flip in 32807 ** Orlando, FL. 32807
This is a great flip in East Orlando just in time for our usual hot real estate summer. Property features block construction, nearly 1/4 acre corner lot, 1-car garage, HVAC from 2016, newer CPVC plumbing, newer electric panel and septic drain field installed October 2018.
As for rehab, a lot of the major items have been done for you already. The rest include, interior and exterior painting, bath updates, new appliances, some new flooring, minor cosmetics and yard cleanup.
There are several solid comps that sold in 14 days or less, many of which sold in under a week. Renovated comps have sold between $180-$200/SQFT. So our ARV of $249,000 is conservative.
2313 Gresham Dr sold for 240K in 1 day and it was 244 SQF smaller than the subject. Houses in this area do not last long, Don’t let this opportunity pass you by.