Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $220,000 - $230,000
• Estimated Rehab: $30,000 - $35,000
• Comparable Rent: $1600
• Construction: Frame
• Occupancy: Call your Agent
• Comp 1: 316 Fairway Ave, Ormond Beach, FL 32174 - 3/2 w/1140 SqFt - PENDING - $260k - (Clean/Partial-Updates/9 Days on Market)
• Comp 2: 1826 Carolina Ave, Ormond Beach, FL 32174 - 3/2 w/1068 SqFt - SOLD 240k - (Updates/January 2022)
• Comp 3: 1304 Fairway Ave, Ormond Beach, FL 32174 - 3/2 w/1140 SqFt - SOLD 234k - (Updates/ October 2021)
• Rehab Description: For a Flip or Rental, this property will be retail ready with a few basic renovations and repairs. The AC looks to be newer and have been replaced in 2021. The roof appears to still be in great condition and under warranty. Hardwood floors have been installed in kitchen and carpet through out the other parts of the house. 1 of the bathrooms have also been renovated but the other still needs works. Finish the updates in the kitchen, repair parts of the siding of the house, and update the landscaping to include the shed/Gazebo in the backyard.
• Features: Perfect opportunity to invest in Ormond Beach! Alot of the rehab has already been completed leaving mainly cosmetic updates to the living areas. The roof is under warranty and appears to still have more than half life still available. The AC, 1, bathroom, and parts of the kitchen have also been updated already. No pendings, or actives in subdivision, well maintained, and ready for cosmetic updates, this property to should fly once renovations are completed.
• Important Details: - Vacant at Closing, Newer AC, No Actives, Roof Still Under Warranty
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab