Off Market Vacant and Cleared Lot Near Downtown Orlando!

  • Land
    7840 square_feet
    bedroom 0 Bedrooms
    bathroom 0 Baths
  • Flip
    $29,000
    Status : Available
    Year Built : 0
 Description
1902 S Parramore Orlando FL 32805
$29k
-Vacant lot in HOT market! 
-Sits on .18 acres, already cleared for a new build
-About a mile away from the Orlando City Soccer Stadium and Amway Center and 2 miles from the new UCF Campus
Parramore is quickly getting gentrified with everything going on in and around this area like the OCSC Stadium and Amway and now the new huge UCF campus and the new developments and opportunities that will follow. The majority of Parramore will soon no longer be looked at as the crime infested capital of Orlando as Downtown continues to triple in size. Don’t miss your chance to be a part of bringing a neighborhood back to life!


 Rehab Work Needed
 General Amenities
 Distance
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 Summary

Overview
Off Market Vacant and Cleared Lot Near Downtown Orlando! Flip
$29,000
Property ID: FL190957228
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32805
Country: USA


Flip Analysis

+ Purchase Price: $29,000
+ Purchase Closing Cost: $870
+ Rehab Cost: $90,000
Total Acquisition Cost: $119,870


+ Selling closing cost: $4,500
+ Agent Commision : $4,500
Total Holding Cost: $9,000


Total Flip Cost: $128,870
Projected ARV: $150,000
Net Income (Profit): $21,130
CAP Rate: 16.4%

 Message

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