Property Description:
Welcome to the least-expensive, single-family home (price per sqft.) and the second cheapest out of the current 56 single-family homes in the entire 32114 zip code. Currently, this 2-bedroom, 1-bathroom 1,196-square-foot project sits on just shy of a quarter-acre (0.23) corner lot. There is plenty of space to add a second bathroom, or an additional room, to increase the ARV. This location is only thirty-five minutes from everything in Seminole County and a fifteen-minute drive to Daytona Beach.
Make sure to review the MLS comps supporting the values given. All comps are within 200-square-feet of the subject. The sold comps both have smaller garages than our subject property and have sold in six months or less. All adjustments support a conservative ARV of $235,000.
We recommend renovating the kitchen, bathroom, replacing the A/C, older windows (some are newer), appliances, and electrical box. The roof is newer (2019), and the water heater is as well. The seller will be removing all debris (trees) throughout the entire area and fixing the fence. See the rehab breakdown for detailed costs.