We have an equity interest in this property and are selling the contract.
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MerrieOaksRd, Winter Park, FL 32792
ARV: $369,000 - $379,000 +/-
Rehab: $35,000 - $40,000 +/-
Rent: $1,699 - $1,899 +/- (Zillow)
3 Bedroom 2 Bath
1,883 Sq Ft
This is a 3/2/2 with a pool flip in Winter Park Pines! New renovations sell for around 200/sf to 205/sf and usually go under contract within the first week. Rehab includes kitchen, appliances, bath x2, paint, flooring, and landscaping. Roof, A/C, Elec & hot water heater have all been replaced within the last 10 years. This could be one of the hottest neighborhoods to flip houses right now.
All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.
Buyer will be responsible for all closing costs unless otherwise indicated.
Foster Algier, Licensed Real Estate Agent, GRI
Real Estate Investment Source of Central Florida LLC