Investment Opportunity: Affordable Home in Deltona, FL

Property Details:

• Beds/Baths: 2 Bed / 1 Bath / Carport
• Livable Area: 767 sqft (per tax records)
• Lot Size: 7,500 sqft
• Year Built: 1964 (Block Construction)
• Asking Price: $132,000
• ARV: $220,000
• EMD: $5,000
• COE: 10/2/24

Link to Photos:

View Photos

Key Features:

• Roof: Replaced in 2018 or 2019, per seller
• Compact Size: 767 sqft, making it easy to rehab and maintain
• Lot Size: 7,500 sqft, providing ample space for outdoor improvements
• Carport: Convenient for covered parking
• Affordable Price: Listed at just $132,000 with room for updates

Investment Highlights:

This 2-bed, 1-bath home in Deltona is a great opportunity for investors or first-time homebuyers. Priced at $132,000, this property offers excellent upside potential with an ARV of $220,000. The roof has been recently replaced, minimizing some initial repair costs, and the lot size offers the opportunity for future enhancements.

Recent sales of comparable homes in the area highlight the strong potential for appreciation after renovations:

Comps:

1. 816 Crawford St

   • Sold for $237,000 in August 2024 (Remodeled, Block)
   • 2 beds / 1 bath / 844 sqft / Built in 1967

2. 891 Horizon St

   • Sold for $235,000 in May 2024 (Remodeled, Block)
   • 2 beds / 1 bath / 909 sqft / Built in 1964

3. 916 Chippendale St

   • Sold for $221,000 in April 2024 (Remodeled, Block)
   • 2 beds / 1 bath / 710 sqft / Built in 1964

This home offers a great chance to invest in the Deltona market, with solid comps supporting a successful value-add strategy.

For more details or to schedule a viewing, please contact:

📞 Phone: 813-544-4909

Disclaimer:

All information provided is deemed reliable but is not guaranteed and should be independently verified. The asking price and property details are estimates based on available data and are subject to change. Buyers should conduct their own due diligence, including verifying property details, zoning, and potential for rental income or development. The seller and their representatives make no warranties or guarantees regarding the accuracy of the information or the property's condition.