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Off-Market$470K spread
1 photoVolusia County Β· Ormond Beach, FL 32174
32174 | π³ 10.12-Acre Estate | $1.2M ARV | 6BR/6BA Potential | $375K Projected Spread π°π‘
$730,000
$470K spread
About this property
This property, built in 1998, features 4 bedrooms and 3 bathrooms with 1,925+ square feet of living space on a 10.12 acre lot. With potential for 6 bedrooms and 6 bathrooms, the property offers an estimated after repair value of $1,200,000 and an estimated rehab budget of $125,000. The projected exit spread is $375,000, passing the 70% Rule with approximately $15,000 of room to spare. This rare value-add opportunity presents substantial upside through renovation and expansion.
Property snapshot
Layout4 Bed / 3 Bath
Living area1,925 sq ft
Lot size10 sq ft
Year built1998
Property typeLand
CountyVolusia County
Deal details
Asking price$730,000
ARV estimate$1,200,000
Spread (ARV β asking)$470,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134
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