Seminole County Flip McCarthy Avenue, Sanford, FL 32771
The housing market in Sanford is hot! Homes under 200K are flying off the shelves and are often going to the highest bidder. This 1,600sq/ft home needs only some cosmetic updates to be flipped, which is every investor’s dream. Updated flooring, kitchen, bathrooms and exterior paint is needed in order to get top dollar. Get in on the buyer’s frenzy that is happening in Sanford, and make some nice returns just in time for summer.
The ARV was determined by an average of the price per sq which was $115/sf. The lowest comp that is roughly the same size and is not rehabbed pending at 165K. The nearest comp (0.1 miles) is new construction pending at $219K only 1200sf (2176 Hawkins Ave – ATTACHED). This area is on the rise!