Lake Mary Flip Property $289,900- ARV $479,000| Cardinal Oaks

View 30+ Wholesale Properties

 Contact Gene anytime at 407-781-7312

Property overview, homes with this much upside in a highly desirable area like Lake Mary rarely pop up in this current market. This home is being offered at a price that has not been since in years. For context, consider that no home in the Cardinal Oaks subdivision has sold for less than 85ppsf since 2013. In the past year alone only 17 houses in the 32746 zip code have sold for less 85psf, that puts this home in the top 2.5% cheapest homes sold in Lake Mary for the past 12 months. Meanwhile, remodeled homes in the Cardinal Oaks subdivision are selling between 140-156psf and going under contract in less than 30 days.

Property features include, sturdy shingle roof, gleaming wood floors, commercial grade oven and hood system, maintained bathrooms, wood burning fireplace, recent wall texture, and a fully intact central AC system.

Flip Rehab: 60k-75k
Kitchen and bath updates, appliances, flooring, fixtures, interior paint, cosmetics, and landscaping are recommended.

Property Details

Price:

$$289,900

Address:

502 Cedar Lane

City:

Lake Mary

State:

Fl

Zip Code:

32746

Year Built:

1988

Terms:

For Sale

Property Type:

Home

Square Feet:

3390

Bedrooms:

4

Bathrooms:

3.5

Basement:

2 Car Garage

Const. Type:

Siding

Additional Features

Ppsf: 85.52 Tax/Yr: 4,627 Septic/Sewer: Septic HOA: n/a County: Seminole

Call (407) 781-7312 for more details