Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $480,000 - $500,000
• Estimated Rehab: $35,000 - $45,000
• Comparable Rent: $2,300
• Construction: Frame/CBS
• Occupancy: Call your Agent
• Comp 1: 4208 Falling Leaf Dr, New Smyrna Beach, FL 32168 - 3Bd/2Ba W/ 2,267 SqFt Sold $321,000 {Gutted/Shell/Investor Purchase}
• Comp 2: 638 S State Road 415, New Smyrna Beach, FL 32168 - 4Bd/3Ba W/ 2,821 SqFt Sold $550,000 {Updates/ Half the Lot Size}
• Comp 3: 3945 Swamp Deer Rd, New Smyrna Beach, FL 32168 - 3Bd/2Ba W/ 1,900 SqFt Sold $440,000 {Partial Updates/Less Bd & Ba}
• Comp 4: 4166 Budd Rd, New Smyrna Beach, FL 32168 - 2Bd/2Ba W/ 1,581 SqFt Sold $425,000 {Manufactured/Updates/Less Bd & Ba}
• Comp 5: 817 S State Route 415, New Smyrna Beach, FL 32168 - 3Bd/2Ba W/ 1,567 SqFt Sold $415,000 {Clean/Smaller lot/Less Bd & Bat}
• Comp 6: 880 S State Road 415, New Smyrna Beach, FL 32168 - 3Bd/2Ba W/ 1,593 SqFt Sold $350,000 {Dated/Less Bd & Ba}
• Rehab Description & Features: 2 Acre level home site just off SR 415. Convenient to New Smyran Beach, DeLand, Daytona and Orlando. Property has a utility shed with water and electric, a workshop with 230 and 120 electric and water, 3 horse stall and a tack room. Lot is flat and fenced with separate pastures. HVAC, water softener and water heater was installed w/i the last 3 years. This will be a straight forward, easy cosmetic renovation on a large beautiful home nestled on a sprawling 2 acre lot just minutes away from Lake Ashby and New Smyrna beaches. 2 of the bathrooms have been updated, along with an AC unit and deck less than 5 years old, with new appliances as well. The roof was installed in 2012 and per the seller just passed inspection confirming it has more than half its life to it. We recommend cosmetic updates to the kitchen, bathroom and flooring to maximize your return on investment
• Important Details: Vacant at Closing; Newer Roof, AC, Deck, and Appliances (except stove); Closing End of Month
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See Asset Manager For Details