Flip This 3 Bed, 2 Bath Home in Deland 32720

front
Address: W. Florence Ave., Deland, FL 32720

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Bedrooms: 3
Bath: 2
1988 SF
Est. Repairs: $50-60K
Wholesale Cash Price…Only $119,900!!
ARV:$230K

Flip this SFH located near Stetson University and Downtown Deland. This block home built in 1956 is currently a 2/2 with 1,988 sqft of living space but the bonus room was originally the garage and converted to a bedroom but then converted to a workshop. This could be made back into a third bedroom or a garage. Part of this home has already been renovated with teak wood flooring, custom tile in the master bathroom along with oversized tub and shower. This property also features a fenced in back yard with lush tropical landscaping, a huge deck for entertaining, a screened in porch and a pool. The home needs paint, window, roof, kitchen, 1 bath upgrade, pool, and convert storage back to 3rd bedroom. Finish upgrading the rest of the home and sell at an ARV of $230k.

Comps:

539 W Minnesota Ave – 4/2, 2,053 SqFt, Built 1925, No Garage, No Pool, Renovated – SOLD on 8/10/2015 for $237,500

-Cash or hard money only
-Buyer pays all closing costs
-All Properties are sold on a “first come, first served” basis
-To secure a property, a minimum $6,000 deposit and signed paperwork must be received

Also note that:
All properties sold as-is with right to inspect. However, all inspections must be completed prior to submitting the deposit and signed paperwork. We do not guarantee the condition of the property or the status of the HOA.

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CONTACT: Sylvia Smith 863-734-9036
Orlando Home Solutions, LLC – Mitch Thomas FL Lic. Real Estate Broker

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