www.InvestorsGoldmine.com | (32806) 2/2 BLOCK, GATED CONDO, ORLANDO 148K|ARV 229K

www.InvestorsGoldmine.com

(32806) 2/2 BLOCK, GATED CONDO, ORLANDO 148K|ARV 229K

$147,900 2 bd, 2 ba, 1300 sqft

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  Property overview, grab your jet ski’s and take advantage of the opportunity to purchase this beautiful condo in the heart of south downtown at a huge discount, off the 20 units that have sold in the last 12 months, this unit would be the second cheapest to sell. You currently can not buy a cheaper unit, as the next priced condo is listed over $20k more than our subject property, with just some paint and some minor cosmetics, this property is just a weekend away from getting rent ready, similar units are able to bring in $1500 a month in rent, resulting in an 8% gross return after purchase price, closing costs and HOA fee is accounted for.  The average ppsf of similar sold units is $159, with an identical unit selling for a whopping $248k, so there is plenty of room for a flip if you’re feeling ambitious.

Lake Pineloch Village is a beautiful manned guard gated community on the ski-able Lake Pineloch. There are 2 sparkling pools, tennis courts, fishing dock with gazebo and private boat ramp. Located in the heart of the trendy Sodo area, this community is also zoned in the highly rated Blanker and Boone School District.

Property features Include; spacious split floor plan with soaring ceilings, floor to ceiling windows, large screened in balcony, outside storage space, stainless steel appliances and washer/dryer.

Rent Rehab:  $1500-
Paint, carpet cleaning, fireplace repair, minor cosmetics are recommended.

Flip Rehab: $25-30k
Kitchen and bath renovation, paint, flooring,  misc. cosmetics are recommended.

Property Details

Price:

$147,900

Address:

2853 Marsala Ct.

City:

Orlando

State:

FL

Zip Code:

32806

Year Built:

1984

Terms:

For Sale

Property Type:

Condo

Square Feet:

1300

Bedrooms:

2

Bathrooms:

2

Basement:

None

Const. Type:

Block

Call (407) 781-7312 for more details