Winter Park Gem Under $100/SqFt!!

[Foster Algier]

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

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Lodge Pole Trail, Winter Park, FL 32792

INVESTMENT: $289,000

Please visit our website for more photos: http://www.facsold.com/show_listing_details.php?prop_id=36346

ARV: $415,000 +/-

Market Rent: $1,800-2,200/month

ARV Rehab: $30-40K +/-

Rent Rehab: $10K +/-

4 Bedrooms 3 Bath 2 Car Garage

2,982 SqFt

Built: 1972

Construction: Block

HOA: $100/yr

This is the least expensive price per square foot for a single family home in this area. In fact, you will not find any single family homes available for under $100/SqFt in the entire zip code, much less a pool home.

Here's an amazing opportunity to flip a pool home with nearly 3,000 SqFt in highly sought after Winter Park. This home is in the Arrowhead Cove subdivision and is zoned for the best schools in the area (Lakemont Elementary, Maitland Middle and Winter Park High). It's got lots of room, an open floor plan, stainless steel appliances, and a HUGE fenced yard with an in ground swimming pool perfect for entertaining. We are offering this home at less than $99/SqFt and it's got an ARV of around $140/SqFt, maybe more. Check out the comps in the immediate area and you won't be disappointed.

To Flip: Needs a roof, interior paint, flooring, kitchen update, landscaping, and yard/deck/pool cleanup: $30-40K +/-.

To Rent: Roof replacement: $10K +/-.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services