Lake Mary/Heathrow Beauty!!
We have an equity interest in this property and are selling the contract.
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Wimbledon Circle, Lake Mary, FL 32746
INVESTMENT: $255,000
ARV: $330,000 +/-
Rehab: $30,000 +/-
3 Bedrooms 2 Bath 2 Car Garage
1,709 SqFt
Built: 1994
Construction: Frame
HOA: $197/mo
This is the only Heathrow home on the market under $300K. Using comp 196 Wimbledon that sold at $193/SqFt puts the value around $330,000 +/-. There is no reason to think you wouldn't get anything but the top of the market here. For repair you could replace the upper cabinets with larger cabinets and open the kitchen up a little bit. Other than that it basically requires a bit of TLC. The lifetime roof shingle does show possible roof leak needing patched and some termite repair.
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
Broker - Gold Key - G.R.I.
FLA Real Estate Services