$120K+ Spread <> Longwood Flip

Seminole County, Longwood, FL, 32779
Sold
Listed at: December 5th, 2023
Price
$329,900
ARV
$450,000
Gross Margin
$120,100
Sq. Footage
2097
Type
Single-Family
Parking
Driveway
Year build
1978
Lot size
0.19 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
1
Summary

Flips like this don't come around too often in this area, especially in today's crazy low inventory. This house is a 3/2.5, plus den/office, and needs mostly cosmetic renovation. This neighborhood has a lot of activity in the mid to high $400s. The best comps are all 3/2.5 that sold for $450K (133 sf smaller) and a 3/2 pending at $469K. Renovated or not, properties sell very quickly in this area.

-117 W YORK Court; sold for $450K

-316 NEEDLES Ct; Pending for $469K

-130 LEDBURY Dr; Outdated, sold $430K

Roof: 2005

AC: 2005

-Call 407-890-7789 -Zenn Homebuyers, LLC, or an affiliate, has this property under contract and holds an equitable interest in this property. This advertisement is for the sale of this equitable interest and contract assignment. -Sold As-Is for Cash or Private Lender Only -$10,000 non-refundable deposit is due at the time of contract assignment or signing of contract with Zenn Homebuyers, LLC. -Properties are sold As-Is with NO inspection period; Inspections must be made prior to offer. -Buyer pays all closing costs for both buyer and seller sides of the transaction. -ALL information provided including costs, rehab estimate, rental rate/return projections, ARV, square footage, etc must be independently verified. ALL data is based on opinion and estimates of Zenn Homebuyers, LLC, actual figures may vary. Square footages are taken from public records. -Risk of Loss: Real estate investment is speculative in nature and there is a risk of loss. The recipient of this information should carefully consider whether such investing is suitable for them. -NON-REPRESENTATION: Owners, members, and or employees hold a real estate license in the State of Florida. Any and all information provided is done for strictly informational purposes.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Zach Mitchell

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