Additional Details

• Important Details: --> Vacant at closing
• Features: Dual-threat opportunity in Volusia County!? This 2-bedroom, 1-bathroom features 816 sq.ft of living space and has an attached carport. Being offered VACANT AT CLOSE, with instant equity to add to your rental portfolio or and plenty of upside as a flip. 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: $180,000-$190,000
• Rehab Description: For a flip or rental, this is an easy rehab. On the outside, replace the roof and the AC unit. On the inside some of the work has already been done. The flooring has been replaced and the home has been painted. Finish off the kitchen and bathroom to be market ready!! Materials to finish bathroom are on-site.
• Estimated Rehab: $40,000- $50,000
• Comparable Rent: $1400-$1600/MO
• Ideal Investment Strategy: Resale/Rental
• Construction: FR
• Comp 1: 611 S Flamingo Dr, Holly Hill, FL 32117 3/1 960 SQFT 1957 Build SOLD @ $230,000 08/05/24 (Bigger/clean/some updates)
• Comp 2: 162 Center St, Daytona Beach, FL 32117 2/1 1044 SQFT 1957 Build SOLD @ $194,500 07/25/24 (Bigger/dated)
• Comp 3: 550 Martha Dr, Holly Hill, FL 32117 2/1 750 SQFT 1949 Build SOLD @ $196,000 07/05/24 (Clean/some updates)
• Comp 4: 108 Palm Dr, Daytona Beach, FL 32117 2/1 784 SQFT 1957 Build SOLD @ $190,000 07/02/24 (Clean/updated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab