Belle Isle inventory is always super low, here's a chance to get in at a great price point. Currently tenant occupied and will be vacant at closing. This would make for a great rental with very little work but the numbers are also there for a flip. Some very recent updates to major components. Property has a nice big backyard with a large detached 2-car garage and includes full laundry room.
- Roof is NEW in 2023 (including detached garage)
- A/C replaced in 2020
- Water Heater replaced in 2020
- New Electric Panel in 2022
Comps:
1801 Swann Avenue - Pending at $495k in 5 days!!! Very nice rehab; Little bit bigger and it's a 4/2, so not a direct comp, but shows what buyers are willing to pay in this area. An extra bedroom and 1/2 bath are NOT worth $95k more, so ARV could get into the low $400s potentially.
1610 Idaho Ave - Sold at $379k; Clean and move-in ready but not a full rehab by any means.
1120 Nela Ave - Sold at $372k; 3/1.5; Interior condition is unknown, no interior pics. Sounds like it was updated based on description. 200 sf smaller and less desireable location close to Orange Ave.
-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.
