Property Description:
This 3-bedroom, 2-bath concrete block home offers 1,158 sq ft of living space on a 6,982 sq ft lot in a desirable northwest Orlando pocket just minutes from College Park, Winter Park, and Maitland. Built in 1991, the property is vacant and mostly turnkey, needing only light cosmetic updates to reach full market potential.
Major systems have already been addressed, including a 7-year-old roof, repiped plumbing, serviced septic, fresh exterior paint, and a new garage door. Interior condition is clean and functional, with opportunity to modernize the kitchen and one bathroom for added value.
This property presents a low-risk flip or long-term rental opportunity in a stable, high-demand submarket of Orange County. Updated homes of similar size are selling in the $375K–$385K range, with market rents averaging $2,200–$2,300/month.
Rehab Scope (Light Cosmetic):
Refresh kitchen and one bathroom
Touch-up interior/exterior paint and flooring
Yard cleanup and light landscaping for curb appeal
Comparable Sales:
748 Neuse Ave – 3/2 | 1,158 sf | 1991 | Sold $382,000 ($330/sf)
824 Timor Ave – 3/2 | 1,096 sf | 2002 | Sold $345,000 ($315/sf)
734 Carew Ave – 3/1 | 1,069 sf | 1955 | Sold $335,000 ($313/sf)
907 Neuse Ave – 3/2 | 900 sf | 1971 | Pending $299,000 ($332/sf)
Key Details:
Price: $299,000
ARV: $375,000–$385,000 ±
Rehab: Cosmetic
Est. Rent: ~$2,200/month
Year Built: 1991
Construction: Block
Lot Size: 0.16 acres
County: Orange
HOA: None