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Updated 19 days ago on .

User Stats

8
Posts
2
Votes
Brody Algier
  • Handyman
  • Florida Panhandle
2
Votes |
8
Posts

Off-Market Fixer Opportunity – Apopka, FL; $89,900

Brody Algier
  • Handyman
  • Florida Panhandle
Posted

Type: Single-Family Home (Detached)
Beds/Baths: 2 Bed / 1 Bath
Living Area: 840 sq ft
Lot Size: 9,896 sq ft (≈ 0.23 acres)
Year Built: 1945
Asking Price: $98,900
ARV (After Repair Value): $195,000 – $199,000

🔹 Property Overview

This 840 sq ft 2-bedroom, 1-bath home sits on a deep 9,896 sq ft lot in the heart of Apopka, FL. Built in 1945, it’s a compact structure with solid bones and a great footprint for investors seeking an affordable entry-level rehab or fix-and-flip opportunity in a high-demand Central Florida submarket.

The property will need a full renovation—interior, exterior, and systems—but the large lot, established neighborhood, and low acquisition price make it a strong value-add play. The home will be delivered vacant at closing, with access available by appointment.

🔹 Investment Highlights

  • Solid 2BR/1BA floor plan with expansion potential

  • Nearly quarter-acre lot in a convenient Apopka location

  • Easy access to 441, downtown Apopka, and major employers

  • Full cosmetic rehab needed (kitchen, bath, flooring, paint, fixtures)

  • Roof, plumbing, and electrical updates recommended

  • HVAC and exterior improvements needed for marketability

  • Strong resale demand for affordable renovated homes under $200K

🔹 Rehab Scope (Suggested)

  • Complete kitchen and bath replacement

  • Flooring, interior/exterior paint, doors, and fixtures

  • Roof inspection/replacement as needed

  • Electrical and plumbing updates

  • Landscaping and curb appeal enhancements

🔹 Comparable Sales – Apopka 32703

AddressBeds/BathsSq FtYearStatusSold Price$/SqFt
821 E 10th St3/11,0801961Sold$200,000$185
830 Alabama Ave3/19601959Sold$170,000$177
724 Jeffcoat St3/19601978Sold$262,000$273
1238 Admiral Dr3/11,0351960Sold$280,000$271
218 E 11th St3/11,0441974Pending$265,000$254

👉 Average Updated Comp Range: $177–$273 per sq ft
👉 Projected ARV (Post-Reno): ~$195K–$199K

🔹 Valuation Insight

At just $89,900 ($107/sq ft), this deal is well below market for the area. Updated homes of similar size are consistently selling between $185K and $280K, depending on finishes and configuration.

Even accounting for a full rehab, this property offers a clear margin for investors seeking a starter flip or BRRRR opportunity in the Apopka market.

🔹 Access & Terms

  • Delivered vacant at closing

  • Access by appointment only

  • Cash or hard money preferred

  • Buyer to verify all measurements, permits, and systems



Offering
Orlando, Florida