🏚️🔥 CHEAP 125k Sanford Flip 🔥🏚️

Seminole County, Sanford, FL, 32771
Sold
Listed at: April 5th, 2024
Price
$124,900
ARV
$229,900
Gross Margin
$105,000
Sq. Footage
1080
Type
Single-Family
Parking
Driveway
Year build
1923
Lot size
0.23 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

These super cheap flips just don't come up too often. Great chance to get into a property for a low price point. Sanford has been growing like crazy and the demand for updated properties is as high as ever. The house needs a good amount of work.

  • 💡 Re-wired in 2003
  • 🏞️ Huge 200 ft deep lot
  • 🪵 New sub flooring and floor joists in kitchen
  • 🛠️ New AC ductwork and ceiling in kitchen
  • 🪠 Partial replacement of sewer line - sewer line was replaced from house to sewer in the back yard
  • Subflooring makes it easy to work under the house.
  • 🎥 Reach out for Video Walkthrough

 💵 Comps:

  1. 2300 S PALMETTO AVENUE; 2 bed/1 bath; 1,114 sf; Sold $315k; Built 1938; Wood frame
  2. 2307 MAGNOLIA AVENUE; 2 bed/1 bath; 1,000 sf; Sold $305k; Built 1932; Wood frame
  3. 1113 E 7TH STREET - 2 bed/1 bath; 672 sf (over 400 sf smaller); Sold for $208k last month
  4. 2403 STEVENS AVENUE; 2 bed/1 bath; 988 sf; Sold $255k
  5. 2433 PRINCETON AVENUE; 2 bed/1 bath; 876 sf; Sold $245k
  6. 1421 S PARK AVENUE - 1 bed/ 1.5 bath; 792 sf; Active at $290k
  7. 1909 S SUMMERLIN AVENUE - 2 bed/1 bath; 725 sf; Sold at $205k (this was a really bad flip. Can see in pics how bad quality was, which means in person it was even worse)
  8. 805 E 20TH STREET - 3 bed/1 bath; 1,204 sf; Active at $365k

 

-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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