Massive PROFIT Flip in Ormond Beach, FL

Description

Exclusive Off Market Opportunity: Ormond Beach, FL

Amazing OFF-MARKET opportunity in Ormond Beach, FL.

Spacious single-family home located in the heart of the beautiful Trails community in Ormond Beach. Boasting 4143 sqft and a .82 acre lot, this home is laden with features and room for any situation. The gourmet kitchen features gorgeous custom wood cabinetry. The main areas feature new LVF waterproof flooring and gorgeous hard wood flooring. The home design is both tasteful and appealing! The huge (main) primary bathroom features a sauna. There are 2 primary bedrooms on the first level of the home! One of which can function as an in-law suite and has its own access from the front of the home as well as a rear access to the saltwater pool.

The subject property is MOVE-IN ready as is and would only need a little sprucing up to be enjoyed by it’s new owner.

If you’re looking for a high PROFIT flip then this one is for you! With a lot of the “main” areas already refreshed, you would not have to break the bank to bring this to top dollar condition.

Similar properties in this extremely SOUGHT AFTER neighborhood are selling for $203+ per square foot giving our subject property a conservative ARV of 840k. That makes the Starting Price a SUPER LOW 65% and makes way for an amazing six-figure profit potential!

Two of the three AC systems are less than 2 years old with transferable 10-year warranty. The roof is older but shows zero signs of leaks and passed insurance inspections just a few short years ago. The interior just needs some light updating to fetch top-dollar on the retail market OR simply clean it up and put on the market for a hefty profit.

Sales Comps
* 11 Shady Branch Trail- Pending @ $226 per square foot
* 133 Shady Branch Trail- Sold @ $221 per square foot
* 4 Deer Moss Trail- Sold @ $203 per square foot