New Smyrna Beach - Priced $165k Under Comps

Volusia County, New Smyrna Beach, FL, 32169
Sold
Listed at: May 10th, 2023
Price
$700,000
ARV
$850,000
Gross Margin
$150,000
Sq. Footage
1632
Type
Single-Family
Parking
Attached Garage
Year build
1999
Lot size
0.20 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

We have a direct contract with the seller and a NOI has been recorded against the title for this property. Contacting the seller directly will not result in you obtaining a purchase contract.


Rare Opportunity - Only 2 Blocks from beach - 5 Minute walk

Investor Price $675,000

Retail Value ....$850,000

Gross Margin .$175,000

Estimated Value

Est. Value Range High: $900,000
Est. Value Range Low: $825,000
Est. Rent Per Month: $4,500

Property Details

Rehab Level: Light - Moderate
Construction: Block
Electrical Panel: Good Condition
Air Conditioner: New
Water Heater: New
Roof: Good Condition
Occupancy: Vacant at closing

Comps

825 Hope Ave - 3 Bed 2 Bath - 1,517 sqft - SOLD $975,000
814 Maple St - 3 Bed 2 Bath - 1,823 sqft - SOLD $923,000
805 Maple St - 3 Bed 2 Bath - 1,571 sqft - SOLD $900,000


***DO NOT re-market this property under any circumstance without consent. Tru REI LLC is a principle in all assets that we market for sale and will vigorously defend our position in a court of law.*** All information and estimates are provided as a courtesy and should be confirmed by the Buyer. Tru REI and its associates are not liable for the accuracy of the information.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brittaney Perez

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Disposition manager