Backing up to an up-and-coming neighborhood in development, in a prime Winter Park location, this property sits just steps away from all the shopping, dining, and lifestyle amenities the area has to offer. Directly behind it, The Enclave — a boutique community — will feature twelve luxury townhome villas and thirteen single-family residences on spacious 7,600 – 8,000-square-foot lots, each projected to sell between $800,000 and $900,000. This high-end development is poised to elevate the surrounding property values, significantly increasing the long-term appeal and upside of this generously sized 75' x 110' lot.
Suggested improvements include a full renovation of the kitchen and bathrooms, installation of new vinyl flooring, upgraded doors and windows, and a fresh coat of paint inside and out. Once updated, the home is projected to rent for approximately $2,600 per month, with an estimated After-Repair Value (ARV) of $550,000.
Whether you’re looking to buy and hold for immediate cash flow or position yourself for a lucrative resale as the surrounding area matures, this property is a strong candidate. With the right vision and execution, a savvy investor can capitalize on both near-term rental income and long-term appreciation. Opportunities like this in Winter Park are rare. Reach out to your EquityPro Advisor today — before it’s gone.