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 Easy 3 Or 1 Flip in Downtown Sanford!

  • House
    1015 square_feet
    bedroom 3 Bedrooms
    bathroom 1 Baths
  • Flip
    Status : Sold
    Year Built : 1930
Easy 3/1 Flip in Downtown Sanford! Walking Distance to Beautiful Lake Monroe 203 South Maple Avenue Sanford, Florida 32771 Price: $89,900 ARV: $145,000 SF: 1,015 Beds: 3 Baths: 1 Year Built: 1930 A/C: Central Construction: Frame At $88.57/sf, this house is easily one of the cheapest SFH in the area. It only needs a few modifications to meet its potential market value. The kitchen features updated stainless steel appliances, an island, and updated cabinets. The best part is its location! It's just half a block from SR 17, making it an easy commute to all of Sanford. It also has a large backyard with a deck, perfect for entertaining guests. The roof is older but in decent condition (no leaks). Replacing the flooring is optional (was told there are original hardwood floors underneath the existing floor). What it needs: New exterior A/C unit: $2,000 Install bathroom door: $800 Expand hallway leading to bedrooms: $3,500 Miscellaneous interior repairs (drywall, ceilings, etc): $2,000 Interior Paint: $1,500 Level the living room floors slightly:$2,000 Total Repair Cost: $11,800 Comps: Sold for $145,900: 810 E 4TH ST, SANFORD, FL 32771 - 1,041 SF Sold for $146,500: 1307 WILLIAMS AVE, SANFORD, FL 32771 - 1,154 SF If interested, please call, text or email Zach at 407-928-0307 or Zachary Tuohey Sand Dollar Realty SL3435375 $3,000 EMD Buyer to conduct due diligence prior to purchase
 Rehab Work Needed
  • Air Conditioning
  • Bathroom
  • Bedroom
  • Paint Interior
 General Amenities
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Easy 3 Or 1 Flip in Downtown Sanford! Sold
Property ID: FL200322912
Address: Login to View
City: Sanford
State/Province: FL
Zip Code: 32771
Country: USA

Flip Analysis

+ Purchase Price: $89,900
+ Purchase Closing Cost: $2,697
+ Rehab Cost: $11,800
Total Acquisition Cost: $104,397

+ Selling closing cost: $435
+ Agent Commision : $435
Total Holding Cost: $870

Total Flip Cost: $105,267
Projected ARV: $14,500


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