The Only Waterfront Flip in Orlando 32808

The Only Waterfront Flip in Orlando 32808

3 bed 1.5 bath 1404 sq ft Built in 1962 Single Family
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67
Quality of Comparables
Low High
15 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
14/20
Quality of Floor Plan
Choppy Flowing
14/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
10/10
Property Details

Alert to our valued buyers: If this property were listed on the MLS today, it would be the cheapest SFR in the entire 32808 ZIP, by both price and price per square foot.

That value position does not even fully account for the fact that the property sits on 0.42 acres of waterfront land with no HOA.

This is also the only available single-family waterfront home in the entire 32808 ZIP code over the last 180 days, making it a rare opportunity in this market.

Property is being sold below the assessed value of $197,000. A full renovation breakdown costs is below.

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We recommend flip
Rental Income
$2,100 mo. / $25,200 yr.
Estimated Taxes
$2,900 / yr.
Maintenance
$250 / yr.
HOA Dues
$0 / yr.
$19,550
Projected Income
8.53%
Estimated APY
$50,000
Projected Income
20.00%
Estimated ROI

Comps

 
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