OVER 130K Spread in Longwood 32779 - Simple Flip

Seminole County, Longwood, FL, 32779
Sold
Listed at: July 27th, 2023
Price
$359,900
ARV
$499,000
Gross Margin
$139,100
Sq. Footage
2563
Type
Townhouse
Parking
Attached Garage
Year build
1974
Lot size
acres
Bedrooms
4
Bathrooms
2.5
Half Bathrooms
0
Summary

Townhouse flip located in The Springs. This is a highly sought after area and neighborhood. House was updated about 10 years ago with new kitchen and bathrooms so it's already in really good shape. Had a water leak recently and some of the drywall was cut out. House was then re-piped. Few options here, can do some light rehab and keep kitchen and baths, then go for something in the low to mid $400s, or a full flip will get you in the $499k+ range. Roof is 2022; Has 2 HVAC systems, one was replaced in 2018; re-pipe in 2019.

Most recent comp is 201 Sweet Gum Way. Just sold last week for $491k and it's 500 sf smaller, and on the high end of the range you have 211 PINE CONE Lane. Sold in July for $610k and it's about 300 sf bigger.

-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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