Huge Sweetwater Pool Home with High Potential Return!
We have an equity interest in this property and are selling the contract.
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S Sweetwater Blvd, Longwood, FL 32779
INVESTMENT: $365,000
ARV: $475,000-499,000 +/-
Rehab: $35,000-40,000 +/-
4 Bedroom 2.5 Bath
3,426 SqFt
Built: 1973
Construction: Brick/Wood Frame
HOA:$249 Semi-Annual
High end flip in the Sweetwater Oaks subdivision of Longwood! House is a dream investment, lots of equity and all of the big money items are taken care of, Roof/AC/Pool all in perfect condition. All the updating is cosmetic. This needs flooring, kitchen and bath updates, paint and electrical. $40k or less will have this house in prime rehabbed shape. Due to the size of this house, we went back a year with comps to try to find some to match. We conservatively comped this property at $475,000 but the size of the house and the beauty of the subdivision could easily warrant an ARV of $499,000.
All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.
Buyer will be responsible for all closing costs unless otherwise indicated.
Foster Algier, Licensed Real Estate Agent, GRI
Real Estate Investment Source of Central Florida LLC