Property Description:
This 4-bed, 2-bath single-family home offers 2,806 sq ft of living space on an oversized 18,001 sq ft lot in Kissimmee’s Poinciana community. Built in 2006, the property features a newer AC (2017), good-condition electrical panel and water heater, and an original roof nearing end-of-life. The home is tenant-occupied, providing potential rental income from day one or flexibility for future rehab and resale.
🛠️ Light-to-Moderate Rehab – Roof + Interior Cosmetics
The property appears in fair shape but will require:
- Roof replacement (original from 2006)
- Cosmetic refresh (paint, flooring, fixtures) depending on tenant upkeep
🔴 Sold Comps
- 780 Gila Dr – 5/3, 2,806 sq ft → Closed at $360,000 ($128/sq ft)
- 2196 Rio Grande Canyon Loop – 5/3, 2,530 sq ft → Closed at $350,000 ($138/sq ft)
- 2209 Pecos Ct – 4/3, 2,806 sq ft → Pending at $325,000 ($116/sq ft)
Large lot, spacious layout, and solid neighborhood make this property a compelling buy at $285,000 asking price. With a roof replacement and cosmetic updates, this can yield a moderate upside for a flip or long-term rental hold.