Off-Market Flip in Edgewater Flagler Ave. Edgewater, FL. 32132
Property Detail
Property Description
This is 3/1 1,254 SQFT single family home on a .66 acre lot located near the Parks Plaza of Edgewater.
The property currently sits vacant ready for you to get to work as soon as you close. The inside of the house is pretty much a blank canvas. There are tile floors throughout most of the house and bedrooms have wood floors that both could be cleaned up and salvaged. There is some drywall work that will need to be done in one of the rooms. The kitchen and bathroom will need to be updated. The AC and the roof will also both need to be replaced.
There are recent flips in the $138-$160/SQFT range. Since this is a frame house and the comps were block, we are using a more than conservative $135/SQFT that puts the ARV at $170,000.
COMPARABLES:
314 Hart Ave., Edgewater, FL 32132
Heated Area: 1,032 sqft
Sold Date: 04.07.20 // Sale Price: $165,000 // Price per Sqft: $159.88
112 Francis Dr., Edgewater, FL 32132
Heated Area: 1,161 sqft
Sold Date: 08.13.20 // Sale Price: $160,000 // Price per Sqft: $137.81
