Great Numbers on Flip Near Embry Riddle University Sterling Pl., Daytona Beach FL 32114
Type Single Family Home, **SOLD** Status Flip, **SOLD** Location Florida Sub Location Daytona Beach Price $82,900 Sq. Ft.1,587Bedrooms2 (3)Bathrooms1 (2)ARV$170,000Rehab$40,000Garage2 CarPoolNoneTaxes/yr$557Lot Size (Acres)0.22 AcresConstructionBlockWaterfrontNoYear1957SubdivisionHillsideHOA Fees/mo$0
Within .5 radius of Embry Riddle University you have around 10 homes sold of 110/sq ft or more. That tells you we are working with a plethora of comps, in a hot location. The closest comp on the intersecting street right next door was an investor flip that sold for 160k at just 1192 sq ft ! with a sold price per sq ft of 134.
Currently a 2/1 our home has the space with 1587 sq ft to add an additional bed and bath. If you keep it as a 2/1 it will still be top of the class as the extra space opens the layout up nicely.
Repair wise the roof is the biggest need for this property as it is starting to leak. There is original real hardwood flooring in the home, and a newer AC.