Winter Garden 4-Bed Value-Add Opportunity

$144,900 โ€ข 4 Beds / 1 Baths โ€ข 1,296 SqFt
Offer Submission Deadline
  • Single Family House
  • 4
  • 1
  • 1940
  • 1296
  • 1296

Description

Description

This 1,296 sq ft 4-bed, 1-bath single-family home sits on a 10,220 sq ft lot in Winter Garden. The home will need a full renovation including roof, mechanicals, flooring, kitchen and bath upgrades, paint, and general interior/exterior updates. Once improved, it will compete directly with nearby updated homes that are moving quickly on the retail market.

๐Ÿ› ๏ธ Rehab Scope

Full interior and exterior renovation including roof, HVAC, kitchen, bath, flooring, paint, fixtures, and landscaping.

๐Ÿ”ด Recently Sold / Pending

  • ยท 1650 E Bay St โ€“ 1,192 sq ft, 3/2, built 1962 โ†’ Sold $245,000 ($206/sq ft) โ€“ updated
  • ยท 632 E Bay St โ€“ 1,096 sq ft, 3/2, built 1996 โ†’ Sold $295,000 ($269/sq ft) โ€“ updated
  • ยท 1462 Keny Ct โ€“ 1,352 sq ft, 3/2, built 1983 โ†’ Sold $240,000 ($178/sq ft) โ€“ dated
  • ยท 1170 E Bay St โ€“ 1,094 sq ft, 3/1, built 1961 โ†’ Pending $225,900 ($206/sq ft) โ€“ updated

๐Ÿ’ฐ ARV Estimate: $240,000 โ€“ $260,000

Given the subjectโ€™s larger footprint (4/1 at 1,296 sq ft) and comps trading between $206โ€“$269/sq ft, a realistic ARV falls in the mid $200Ks once fully renovated.

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