Property Description:
This 2-bedroom, 1-bath single-family home offers an excellent entry-level opportunity for investors seeking a value-add project in the growing Apopka market. Built in 1945 with approximately 840 sq ft of living space on a 9,896 sq ft lot, the property provides a solid foundation and strong land value.
The home requires a full renovation—kitchen, bath, flooring, roof, systems, and exterior—but presents substantial potential at an attractive price point. Updated homes of similar size in the area have recently sold between $177 and $273 per sq ft, supporting an estimated ARV in the $195K–$199K range.
Comparable Sales – Apopka 32703
821 E 10th St – 1,080 sq ft (3/1, 1961) → Sold $200,000 (≈$185/sf)
830 Alabama Ave – 960 sq ft (3/1, 1959) → Sold $170,000 (≈$177/sf)
724 Jeffcoat St – 960 sq ft (3/1, 1978) → Sold $262,000 (≈$273/sf)
1238 Admiral Dr – 1,035 sq ft (3/1, 1960) → Sold $280,000 (≈$271/sf)
218 E 11th St – 1,044 sq ft (3/1, 1974) → Pending $265,000 (≈$254/sf)*
Asking Price: $99,000
Delivered vacant at closing with access by appointment.