Orlando (Sunshine Gardens – 32804 Zip) Flip

This 4-bedroom, 2-bathroom single-family home is located in Orlando (32804.  Built in 1951 with concrete block construction, the property has 1,665 sq. ft. of living area and sits on a 7,222 sq. ft. lot. The property has no HOA, is on a septic tank, and connects to public water.  The house requires a full rehab, including a roof replacement, plumbing updates, electrical updates, and a potential full interior gut.

Repairs Needed (estimate)

• Full interior gut and modernization required, including new flooring, drywall repair, paint, and fixtures to reach max retail value.
• Kitchen & Bath: Complete gut and update of the kitchen and both bathrooms to compete with the higher end comparable sales in the immediate area.
• Needs new roof, and a/c. Inspect and service septic tank. plumbing, and electrical as needed.
• Exterior: Pressure washing, paint and landscaping clean-up.

🟣 Comparable Sales

1. 742 Canovia Ave – 3/2 | 1,372 sf | Sold $450,000 ($327/sf) on 09/29/2025 | 1955 Built | Condition: Fully updated (smaller footprint)
2. 134 W Hazel St – 3/2 | 1,217 sf | Sold $415,000 ($341/sf) on 08/15/2025 | 1940 Built | Condition: Fully updated (inferior bed count and footprint)
3. 864 Naples Dr – 4/2 | 1,530 sf | Sold $385,000 ($251/sf) on 06/10/2025 | 1956 Built | Condition: Standard/Updated
4. 1001 Alton Ave – 3/2 | 1,091 sf | Listed $379,900 ($348/sf) on 02/12/2026 | 1954 Built | Condition: Fully renovated (active comp on same street)

💰 ARV & Rental Analysis

The best comparable is 742 Canovia Ave, a 3-bedroom, 2-bathroom home of a smaller size (1,372 sq. ft.) that sold for $450,000 ($327/sf). Additionally, the sale of 134 W Hazel St for $415,000 supports this baseline, even with a much smaller 1,217 sq. ft. footprint and inferior bedroom count. At 1,665 sq. ft., the 4-bedroom subject property is larger than local 3-bedroom comparables, easily supporting an exit value in the mid-$400s if fully modernized.

Estimated ARV: $430,000 – $450,000 +/-

Projected Rent: $2,300 – $2,500/mo +/-