Lake Wales Indoor Pool Flip

Lake Wales Indoor Pool Flip

4 bed 3 bath 4428 sq ft Built in 1989 Single Family
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55
Quality of Comparables
Low High
10 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
7/20
Quality of Floor Plan
Choppy Flowing
12/20
School Rating
F A
7/10
Placement in Neighborhood
Busy Calm
9/10
Property Details

Spacious fixer-upper with over 4,500 square feet of living space, situated on approximately one-third of an acre. County records show the home as a 3-bedroom property, with two additional large finished rooms that may also be used as bedrooms, offering the potential for up to 5 bedrooms total.

The home features 3 full bathrooms, all ready for updates, along with an impressive layout that includes an oversized living room, large dining room, spacious den, and a grand library with built-in bookshelves. There is also a full-size kitchen and a separate office space on the second floor with its own private entrance, overlooking the driveway.

The west-facing front entrance is designed to bring in natural light, with glass side doors opening on both sides of the front door. Upon entry, you are welcomed into a large foyer that adds to the home’s spacious feel. A covered side porch on the north side of the home provides additional outdoor living space and expansive faraway views.

The property also includes an oversized built-in inground pool, adding even more potential to this unique home. With its generous square footage, flexible room layout, and classic features, this property offers a rare opportunity for renovation, customization, or investment.

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We recommend flip
Rental Income
$3,000 mo. / $36,000 yr.
Estimated Taxes
$2,205 / yr.
Maintenance
$300 / yr.
HOA Dues
$0 / yr.
$28,495
Projected Income
9.34%
Estimated APY
$58,450
Projected Income
17.11%
Estimated ROI

Comps

 
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