Longwood Pool Home Flip

Longwood Pool Home Flip

6 bed 3 bath 2712 sq ft Built in 1986 Single Family
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75
Quality of Comparables
Low High
18 /20
Level of Rehab
Heavy Light
7/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
8/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Here is an opportunity that checks all the boxes. Located in the highly sought-after community of Longwood, this pool home is being offered below the tax-assessed value of $570,000. The property presents immense potential for profit with its prime location, desirable neighborhood, and spacious layout. Sitting on an acre of land, the concrete block home boasts over 2,700 square feet, with 6 bedrooms and 3 bathrooms. Additional features include a wood-burning fireplace, an extended driveway, attached garage, and an enclosed pool.

While this project will require a full renovation, the home is sure to stand out once renovations are complete. Renovated homes of a similar size and style are breaking $800,000, highlighting the potential for substantial returns. Furthermore, a smaller pool home on the same street recently sold for $663,000, in as-is condition and requiring updates. Limited inventory for updated homes in the area, paired with the property's proximity to I-4 and top-rated schools, indicates this home should garner a good deal of attention. Don't miss out on this lucrative ROI. Contact your EquityPro Advisor today to secure this investment.

Note: Property records list this as a 4-bedroom home with 2.5 bathrooms.

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We recommend flip
Rental Income
$4,200 mo. / $50,400 yr.
Estimated Taxes
$8,500 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$34,360
Projected Income
5.55%
Estimated APY
$86,800
Projected Income
12.17%
Estimated ROI

Comps

 
Listed
 
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Sold

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