☀️🏡 69 Percent ARV!! CLEAN Ormond Beach Flip 🏖️

Description

CLEAN Tomoka Oaks 2 bed/2 bath block flip in a great neighborhood. Next door recently sold for $408,000! This would make for a great rental property with very little work, or a quick and easy flip.

🧱 Block house
🏡 Very Desirable Neighborhood
⚡️ Brand New 2023 Electric Panel
🥶 A/C Replaced 2011
🔥💦 Water Heater Replaced in 2018
☝️ One Owner House Since it was Built
🔨 Roof age is unknown

💵 Comps:

41 Pine Valley Cir, Ormond Beach – Sold for $408k; 3/2; 1,867 sf; right next door! Clean and partially updated, not fully renovated.
46 Greenwood Ave, Ormond Beach – Sold for $390k; 3/2; 1,439 sf; FULLY updated and done nicely. This is the perfect comp to show the high end of what the area can get.
376 N Ridgewood Ave – Sold $438k; 2/2; Full rehab and has a pool.
1069 George Anderson St, Ormond Beach – Sold for $320k; 3/2; 1,292 sf; looks to be a light rehab; roof, flooring, paint, re-glazed showers; original kitchen; this is a perfect comp to support a slightly higher value with a full renovation.
61 Magnolia Ave, Ormond Beach – Sold for $337k; 3/2; 1,388 sf; clean and partially updated but not a remodel; has a pool.
1291 Gallaten Rd – Sold $310k; 2/2; 1,148 sf; Sold off market, no pics. Interior condition unknown.
2 Barbara Ct, Ormond Beach – Sold for $293k; 2/2; 1,362 sf; clean but dated. Original bathrooms and kitchen. Freshly painted. This is pretty comparable to what the subject property would be worth with some paint.