Off-Market Flip Opportunity in Lake Wales. 1925 frame 3-3 on 8,999 sqft lot. $36K spread after repairs. $66K gross spread, $29,780 repairs. First Come, First Serve.

About this property

Off-market flip opportunity on a 1925 frame home with value-add upside, situated on an 8,999 square foot lot. Deal notes indicate a 3 bed / 3 bath layout with a repair budget of $29,780, while public records and listing sites show an older residential frame home in the 1,600 square foot range, making it a fit for an investor seeking a clean retail flip. Photos support a light-to-medium renovation focused on interior cosmetic updates, finish work, flooring, paint, kitchen and bath touch-ups, fixture updates, exterior cleanup, and general resale prep. The asking price is $169,000 against a projected ARV of $225,000, with a projected gross spread of $66K and roughly $36K in projected spread after repairs; the deal summary references a $159K ask. This is an assignment deal, sold as an older-frame property with upside for an investor who can renovate efficiently and return it to clean retail condition.

Property snapshot

Deal details