Water Front Volusia County Flip Paradise Ln., Astor, FL 32102
Here is a fantastic opportunity to flip to a piece of Paradise. The home sits on a canal just off the St John’s river in Astor. Conveniently located near local boating and fishing and just off 40 which runs from Ocala to the DeLand area.
The home needs the standard updates, but doesn’t require anything high end based on comps. The real value in this property lies in the fact that it’s the only house with a boat ramp. You can maximize value by building a boat dock as well. Roof is in impeccable condition, but the real work will lie in the addition added to the rear. There is a foundation issue which only affects that part. It’s your option to tear the addition down or to have a foundation expert bring it back to life. The house is 1,092 sf without the addition. The addition is 200 sf, so that would increase your ARV if you chose to repair the damage. Comps show great potential and value in this one!