S Tanner Rd, Orlando, FL 32833

Property Status: Available (Wholesale) | For Sale: $194,900.00

5 Bedrooms / 4 Baths / Single Family

Property Photos

REDUCED 4/22!!! Rare Find in East Orlando on 3/4 Acre!!

Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $194,900.00
Property Details:
Property Style:
Year Built:
Finished Sq Ft:
No Basement
Owner / Agent:
Property Features:
No Property Features Listed.
Contact Info
(321) 436-4911

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S Tanner Road, Orlando, FL 32833 INVESTMENT: $194,900 ARV: $299,000 +/- Average Market Rent: $2,104/month Rehab: $30,000 +/- 5 bedroom / 4 bathroom 2,573 SqFt Built: 1955 Construction: Block HOA: $0 Sellers' loss is your gain, as their partnership has, unfortunately, fallen apart. This home is an incredible opportunity to take over a partially completed rehab. All the hard work has been done and the roof (on the main house) has also been replaced. This home is located in a exploding area of East Orlando, and sits on just under an acre of land. The home is surrounded with spectacular views and natural mature landscaping. It is currently set up as a 3/3, but can be easily adjusted to a 4/3, depending on whether or not you would like to finish the carport enclosure. The seller has already done all of the plans with an engineer, and the only thing left to do is pull the permits. A huge bonus with this deal is that there is another tiny home to the rear, which will work great as a studio, in-law quarters, or as a rental income property. As far as comparables go, this is the tough part, as the property is rather unique. There is nothing that sold anywhere within a half mile radius in the last 6 months (outside of homes in Avalon Park, which are all significantly newer). If you use these comps, like we mentioned, they are newer but on significantly smaller lots. If you go multiple miles to Wedgefield, these properties tend to be much more similar in age and lot size. That being said, the $$/SqFt in Wedgefield is higher than what we are using, but comping this house is going to be an artistic endeavor, so we had to keep our analysis as open as possible. The enclosed was not originally permitted, but plans have already been made and will come with the purchase. All that is needed is for you to pull the permits based on the plans, as work has already been done. We were given a quote by the current contractor/owner for $30,000. CALL 407-668-4396 TODAY to schedule a showing!! We have an equity interest in this property and are selling the contract. 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

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

Central Florida Realty Investors Association, Inc. is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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