Ormond Beach Flip

Ormond Beach Flip

3 bed 2 bath 1664 sq ft Built in 1973 Single Family
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76
Quality of Comparables
Low High
15 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
18/20
School Rating
F A
9/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Located in the Woodmere subdivision of Ormond Beach, perfectly positioned near the Historic Downtown District and the Granada Bridge, this home presents a premier opportunity for an investor to flip or rent. It is ideally situated to attract the "end buyer" looking to enjoy the laid-back, coastal lifestyle that defines this area.

Because the home was renovated within the last six years, the high-cost "big ticket" items are already handled:

  • Roof: 2019
  • AC: 2023
  • Tankless Water Heater

With the structural heavy lifting out of the way, we recommend light cosmetic improvements to areas such as the flooring, paint, bathrooms. These strategic updates will create the modern appeal necessary to maximize value and command a top-tier price point from a retail buyer.

This property is a prime entry point for a new investor looking to execute their first flip or secure a reliable rental in a high-demand location. With minimal need for major structural work, the modernization required here offers a perfect learning curve for the beginner investor.

Don’t wait for this opportunity to be snatched up by an experienced pro. Call your EquityPro advisor today.

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We recommend flip
Rental Income
$2,500 mo. / $30,000 yr.
Estimated Taxes
$4,651 / yr.
$25,349
Projected Income
8.86%
Estimated APY
$57,950
Projected Income
17.45%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

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