Additional Details

• Important Details: --> --> Vacant at closing --> New Roof & AC
• Features: Dual-threat opportunity in Volusia County!? This 3-bedroom, 1.5-bathroom features 1160 sq. ft of living space and sits on a fenced in lot. Being offered VACANT AT CLOSE, with instant equity to add to your rental portfolio or market ready with only finishing touches needed. Conveniently located within minutes from the beach, I-95, and all that Downtown Daytona has to offer. Don't miss out on this easy project!
• Potential ARV: $190,000-$200,000
• Rehab Description: For a flip or rental, this is an easy rehab. On the outside, the roof and the ac have recently been replaced. On the inside the home was recently renovated. There is some subflooring issues on the back half of the home that need to be addressed.
• Estimated Rehab: $15,000- $20,000
• Comparable Rent: $1500-$1700/MO
• Ideal Investment Strategy: Strategy: Resale/Rental
• Construction: FR
• Comp 1: 1061 Peter Rd, Daytona Beach, FL 32114 3/1 1125 SQFT 1956 Build PENDING @ $179,900 (9 days on the market) (1/2 less bathroom/basic updates)
• Comp 2: 508 Model St, Daytona Beach, FL 32114 3/2 960 SQFT 1948 Build SOLD @ $220,000 06/08/24 (Updated)
• Comp 3: 723 Madison Ave, Daytona Beach, FL 32114 3/2 1175 SQFT 1957 Build SOLD @ $223,000 07/01/24 (Updated/up for rental @ $1949/mo)
• Comp 4: 162 Center St, Daytona Beach, FL 32117 2/1 1044 SQFT 1957 Build SOLD @ $194,500 07/25/24 (Smaller/dated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab