Property Description:
This 3-bed, 2-bath block home with a 2-car garage spans 1,456 sq ft on an 8,000 sq ft lot in a desirable pocket of Valrico. Built in 1974, the property requires a full interior renovation along with a new roof (last replaced in 2011) and HVAC system, making it ideal for experienced investors or rehabbers looking to create equity.
🛠️ Full Interior Renovation Needed – Major Systems Due
While the structure is solid, the home needs a complete overhaul inside. The roof and AC are both at end of life, and all cosmetic surfaces should be replaced or modernized. That said, the bones and lot size provide a solid canvas for a profitable flip.
📊 Market Breakdown
🔵 3826 Highgate Dr – 0.31 mi N
1,694 sq ft | 8,000 sq ft lot | 3/2/2 | Built 1979
Sold 2/18/2025 – $364,000 ($215/sq ft)
This home was recently renovated, featuring modern finishes and updated systems.
🔵 2707 Pankaw Ln – 0.33 mi S
1,640 sq ft | 6,600 sq ft lot | 3/2/2 | Built 2004
Sold 1/23/2025 – $355,000 ($216/sq ft)
A contemporary home with recent updates, showcasing a modern design and well-maintained interior.
🔵 2502 Buckhorn Trace Ct – 0.47 mi W
1,625 sq ft | 16,065 sq ft lot | 3/2/2 | Built 1994
Sold 12/16/2024 – $340,000 ($209/sq ft)
This property was renovated in 2008 and features a spacious layout with updated amenities.
Given the size, lot, and layout of Ravenna Dr, a conservative ARV lands between $355K–$365K, depending on the quality of rehab and design upgrades.