Sanford Pool Flip with Potential Galore W Coleman Cir., Sanford FL 32773
Type Single Family Home, **SOLD** Status Flip, **SOLD** Location Florida Sub Location Sanford Price $132,500 Sq. Ft.2,466Bedrooms4Bathrooms2ARV$250,000+RehabHeavyGarageCarportPoolPrivateTaxes/yr$2,280Lot Size (Acres)0.26 AcresConstructionBlockWaterfrontNoneYear1958SubdivisionSouth PinecrestHOA Fees/mo$0
Check out this 4 bedroom, 2 bath Seminole County pool home with lots of potential. This home will need a heavy rehab but there is plenty of equity to make it worthwhile. There’s lots of square footage and it’s on a good sized lot with a huge swimming pool. This would make a good investment for an experienced rehabber.
Rehab includes roof, kitchen, baths, flooring, ceiling repair, int/ext paint, pool maintenance and repair pool enclosure. There are more than likely going to be some other odds and ends that will have to be done as well. There is a code enforcement lien that we are working on negotiating with city and deal will be contingent upon us getting it down to a reasonable level. We are very confident we will be able to get this done.
As for arv, you could really range this much higher than we are estimating. You have rehabbed comps over 1,000 sf smaller with no pool selling for just under 200k. We put 250,000 but it could easily be more. You have a sale that is 500 sf smaller, clean but not rehabbed with a bit better curb appeal that sold for 235k.