|
📍 Prime Winter Park Location 🏠This 2,445 sq ft 4-bedroom, 2.5-bath concrete block ranch sits on a 0.22-acre lot in Winter Park’s highly desirable 32789 zip code — a supply-constrained market with strong resale demand for renovated inventory. Built in 1943, the property features a single-story layout and solid block construction but requires a full top-to-bottom renovation including roof, HVAC, kitchen, baths, flooring, and major systems. The current layout is dated and would benefit from opening up the main living areas to meet modern buyer expectations. Located on a quiet interior street with no HOA and in Flood Zone X, the property offers flexibility across multiple exit strategies. Nearby renovated comps are pushing $350+/sf, supporting a projected ARV around $700K+ depending on finish level. Ideal for investors seeking a true heavy value-add project in one of Orlando’s most competitive submarkets.
ASKING PRICE: $399,000 ARV: ~$680,000+/-
💰 Investment Potential: 🔵 Comparable Sales
- 201 Roxbury Rd – 3/2 – 1,785 SF – $470,000 ($263/SF) – 12/23/25
- 240 Cambridge Blvd – 3/2 – 1,768 SF – $490,000 ($277/SF) – 12/30/25
- 1875 Staunton Ave – 4/2 – 2,036 SF – $560,000 ($275/SF) – 01/27/26
- 1500 Ibis Ct – 3/2.5 – 2,305 SF – $623,000 ($270/SF) – Recent
- 1340 Pelham Rd – 3/2 – 2,042 SF – $771,000 ($378/SF) – 10/23/25
- 2129 Fosgate Dr – 3/3 – 2,515 SF – $920,000 ($366/SF) – 12/16/25
|