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Volusia County Β· Ormond Beach, FL 32174

32174 | 🌳 10.12-Acre Estate | $1.2M ARV | 6BR/6BA Potential | $375K Projected Spread πŸ’°πŸ‘

$730,000
4
Beds
3
Baths
1,925
Sq ft
1998
Year built
$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 βˆ’ 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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The numbers

Asking
$730K
ARV est.
$1.2M
Spread
$470K
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M
Ms. Meriam
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