💼 Investor's Dream 🌊 Oceanfront Condo Gem 💎 Flip or Hold 💵 $307K 🛠️ ARV: $440K

Volusia County, Ormond Beach, FL, 32176
Sold
Listed at: August 14th, 2023
Price
$307,000
ARV
$440,000
Gross Margin
$133,000
Sq. Footage
1065
Type
Condo
Parking
Unassigned
Year build
1971
Lot size
acres
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

Ormond Beach Water front condo

Buy Now: $307,000

ARV: $440,000

Est Rehab: $35,000

$70,000 in Profit


Great Fix & Flip/ Rental Opportunity. Big Profits, Big Upside

Minimal Renovations Needed


💥 CALLING ALL Investors 🏡


Property Details

Prime Oceanfront Location: Breathtaking water views of the Gulf/Ocean from this condo unit.

This 2 bed, 2 bath unit offers a blank canvas, ready for your customization.

All furnishings included for immediate occupancy

The roof was redone in October 2018, ensuring low-maintenance living.

Minimum rental period of 30 days allows for potential income generation.

The unit is currently vacant, offering immediate availability for use or rental.

Split Bedroom Layout: Functional split bedroom design enhances privacy and space utilization.

The sidewalk adds to the convenience and appeal of the property.




🔐CLICK 'WIN IT NOW' TO AVOID BIDDING WAR $315K!🔐



More Details:

2 Bedrooms

2 Bathrooms

Pool: Yes

Square Foot: 1,065

Year Built: 1971

HOA: $936/mo


Click Here For Pictures


Comps:

1133 Ocean Shore Blvd APT 805, Ormond Beach, FL 32176

Sold: $440,000


1133 Ocean Shore Blvd APT 606, Ormond Beach, FL 32176

Sold: $417,494


DISCLAIMER:

  All offers are Cash or Private Lender Only.

  Deposits for all properties are non-refundable provided clear title.

  Properties are sold AS-IS with NO inspection period; Please inspect first.

  Buyer pays all closing costs for buyer and sellers.

  Rehab Estimate, Projected Rent, and ARV are ESTIMATES based upon the analysis and opinion of Citywide Investments, LLC, actual repair cost, rent, and/or ARV may vary. 

  Citywide Investments, LLC is not a licensed contractor or appraiser.

  Taxes, Insurance, and Closing Cost are estimates. Actual cost may vary.

  Seller has an equitable interest in this property and is advertising the sale of this contract as it is assignable.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Yvette Ortutre

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Disposition manager