We have an equity interest in this property and are selling the contract.

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Palmetto Ridge Cir, Apopka, FL 32712

INVESTMENT: $289,900

ARV:$399,000 +/-

Rehab: $35,000-45,000 +/-

6 Bedroom 4.5 Bath

3,922 SqFt

Built: 2006

Construction: Block

HOA:$500 Year

Great looking and super clean flip in secluded Apopka subdivision! House already has many great upgrades. Put some lipstick on it and get top dollar. Update all bathrooms, and paint the inside, needs new stainless steel appliances and the upstairs flooring could use some upgrades. Downstairs flooring is top notch. Kitchen cabinets and countertops are great. AC is in working condition but somewhat old. All this house is missing is some finishing touches to put it over the top and garner top returns! Very low risk with no surprises on the rehab. This property is way bigger than everything else in the neighborhood, so it is difficult to comp. You have a house that is just under 1,000 sf smaller that sold for 350k. You really can't go off of pp/sf for this house, but even if you did and took a significant chunk off for the size, 399k would still be conservative.

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