Winter Park Block Home with Garage; ADU Potential

  • $299,000
Overspin Dr, Winter Park, FL 32789
  • Single Family, Tear-Down/Rebuild
  • Property Type
  • 2
  • Bedrooms
  • 1.00
  • Bathroom
  • 1247
  • New Build
  • Estimated Rehab Cost
  • See Description
  • Estimated ARV

Overview

  • Single Family, Tear-Down/Rebuild
  • Property Type
  • 2
  • Bedrooms
  • 1.00
  • Bathroom
  • 1247
  • New Build
  • Estimated Rehab Cost
  • See Description
  • Estimated ARV

Description

This 1,247 sq ft 2-bed, 1-bath block home sits on a 7,000 sq ft lot on Overspin Dr in Winter Park. Built in 1957, the property includes a 3-car block garage with power and water that offers strong ADU potential. The house will need a full update throughout. Occupied – showings by appointment only.

🛠️ Rehab Scope (If you choose to keep the structure)

  • Full interior renovation: flooring, paint, kitchen & bath modernization
  • System checks: roof, HVAC, plumbing, electrical as needed
  • Exterior: landscaping, curb appeal, and potential garage/ADU conversion

🔴 Recently Sold / Pending Comps

  • 2739 Riddle Dr – 1,881 sq ft, 4/3, built 2023 → Sold $640,000 ($340/sq ft) – new build
  • 26 Stymie Pl – 3,252 sq ft, 5/5, built 2025 → Sold $1,379,900 ($424/sq ft) – new build
  • 1733 Harmon Ave – 3,267 sq ft, 5/5, built 2025 → Sold $1,595,000 ($488/sq ft) – new build
  • 1840 Biscayne Dr – 2,646 sq ft, 4/3, built 2024 → Sold $940,000 ($355/sq ft) – new build

💰 ARV Insight

For a teardown/new build, surrounding sales suggest an ARV in the $1.3M–$1.6M range ($424–$488/sq ft).

For a rehabbed 2/1 or expanded ADU play, resale value would likely fall in the $425k–$450k range using smaller nearby updated comps at $340–$355/sf.

Details

  • Price: $299,000
  • Property Size (Sq. ft.): 1247
  • Land Area (Acres): 0.16
  • Garage: Other
  • Year Built: 1957
  • Property Type: Single Family, Tear-Down/Rebuild
  • Property Status: Buildable Lot, Flip, Value Add
  • County: Orange
  • Estimated ARV: See Description
  • Estimated Rehab Cost: New Build
  • Estimated Monthly Rent: Will depnd on strategy
  • Yearly Taxes: $5,217
  • HOA Monthly Cost: $0
  • Construction Type: Block
  • Pool: None

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