New Smyrna Beach Flip Opportunity N Duss St. New Smyrna Beach, FL. 32168
Price Reduced 15k – Final Reduction!
This is a deal from an investor that couldn’t finish the project and needed out of the deal. They have already made around $50k in repairs. The city is requiring some structural issues remedied with proper permitting and these investors do not have any experience with that and would prefer to move along. Their loss is your gain! They are taking a loss and leaving the profit for the investor with the proper experience.
Buyer will need to sign a hold harmless for the permitting issues at closing. City gave Seller 60 days to come up with a remedy plan. These can usually be extended, they just want to see progress.
Some of the rehab already done includes new central AC (inside and out), new water heater, new drywall, bathroom retiled, kitchen cabinets, drywall in place and painted, new floors, lots of new lumber throughout structure and walls.
There are lots of properties in the neighborhood that have sold quickly. This should move fast once the renovations are done.