Property Description:
This 3-bed, 2-bath, 1,158 sf CBS home built in 1991 sits on a 6,982 sf lot in a desirable pocket of northwest Orlando, just minutes from College Park, Winter Park, and Maitland. The property is vacant and mostly turnkey with several key updates already done — newer 7-year-old roof, repiped plumbing, fresh exterior paint, serviced septic, and a new garage door. Interior is clean but semi dated. One bathroom still needs to be updated and the kitchen needs modernizing as well.
🛠️ Rehab Scope
- Update 1 bathroom
- Light interior cosmetic refresh (kitchen, exterior paint, some flooring, fixtures)
- Yard cleanup and landscaping
🔵 Comparable Sales
- 748 Neuse Ave – 3/2 | 1,158 sf | 1991 | $382,000 ($330/sf)
- 824 Timor Ave – 3/2 | 1,096 sf | 2002 | $345,000 ($315/sf)
- 734 Carew Ave – 3/1 | 1,069 sf | 1955 | $335,000 ($313/sf)
- 907 Neuse Ave – 3/2 | 900 sf | 1971 | Pending $299,000 ($332/sf)
Updated homes of similar size are selling in the $375K–$385K range. Market rents for clean 3/2s in this corridor average $2,200–$2,300/month.