Mount Dora Flip Opportunity N Orange St. Mt Dora, FL. 32757
Property Detail
Type
Single Family Home, **SOLD** Status
Flip, **SOLD** Location
Florida
Sub Location
Mount Dora
Price
$89,000
Sq. Ft.1,745Bedrooms3 (4)Bathrooms1 (2)ARV$240,000+/-RehabMajorGarageCarportPoolNoneTaxes/yr$1,151.10Lot Size (Acres)0.2305ConstructionBlockWaterfrontNoneYear1953SubdivisionMount Dora
Property Description
Great Block home, corner lot right next to 4 new-builds, now almost complete and are selling for about $275k or $167 psf.
This house is currently 1745 SQFT but with the studio and utility brought under air it becomes 2189 SQFT. It would be a 4/2 plus stand-alone Studio with Bath and Kitchenette and carport in between. Purchase comes with all plans from architect.
Structures needs roof and floor work, but block in decent condition. It has a good layout, nice wrap-around porch and loads of potential! If someone wants to use the lot, there are no impact fees. I would say rehab cost should be $80-90k bringing the potential profit to about $50k on this one after commissions and closing costs.
