Additional Details

• Important Details: --> Vacant at close --> HOA $450/month (covers Common Area Taxes, Community Pool, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance) -->Flood Zone X (no flood insurance required) -
• Features: Value-Add Flip Opportunity in a Desirable Maitland Community! This 3/2 home will be delivered vacant at close and presents a strong opportunity for an investor to renovate and reposition for resale. With only one active listing currently in the community, a fully updated product has the opportunity to stand out with limited competing inventory.
• Potential ARV: $245,000-$255,000
• Rehab Description: The kitchen and bathrooms should be remodeled, and the outdated AC should be replaced as part of the renovation. With the HOA covering the roof and exterior maintenance, investors can focus the majority of the renovation budget on transforming the interior without taking on significant exterior expenses. Modernize the kitchen and bathrooms, update the flooring, fixtures, and finishes, apply fresh interior paint, replace the AC, and complete a thorough deep clean. With a desirable Maitland location, community amenities, limited active inventory, and a manageable renovation scope, this is a strong flip opportunity with excellent resale potential.
• Ideal Investment Strategy: Resale
• Construction: CBS
• Comp 1: 616 Villa Circle #536,Maitland, FL 32751 2/2 1256 SQFT 1979 Build SOLD @ $250,000 (Smaller/Less bedrooms)
• Comp 2: 602 Villa Circle #543,Maitland, FL 32751 3/2 1256 SQFT 1979 Build SOLD @ $239,000 (Similar/Dated)
• Comp 3: 1503 Grove St #559 ,Maitland, FL 32751 3/2 1256 SQFT 1979 Build SOLD @ $236,000 (Similar/Dated)
• Hard Money: Hard Money Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money