ORANGE PARK VALUE-ADD | 5 BED | 3.5 BATH | 2,790 SF | LARGE BACKYARD

PROPERTY DETAILS

• Address: 351 Summit Dr, Orange Park, FL 32073
• Property Type: Single-Family Residence
• Beds: 5
• Baths: 3.5
• Living Area: 2,790 SF
• Lot Size: Approx. 9,583 SF
• Year Built: 2006
• Subdivision: Hammock Grove
• HOA: $267/year / Approx. $22/month
• CDD: None
• Stories: 2
• Garage: Attached 2-Car Garage
• Pool: No
• Furnished: No
• Multi-Unit: No
• Public Water: Yes
• Public Sewer: Yes
• The 2,790 SF living area is reported as sourced from public records. ( Realtor )

PRICING DETAILS

• Est. ARV: $425,000
• Asking Price / ARV: $425,000%
• Potential Gross ARV Spread: $57,400

PROPERTY CONDITION

• Condition: Value-Add / Needs TLC
• Sale Condition: As-Is
• Seller Repairs: None
• Roof: Shingle
• Heating: Central / Electric
• Cooling: Central Air / Electric
• Needs some TLC

PROPERTY HIGHLIGHTS

• 5-Bedroom Floor Plan
• First-Floor Guest Bedroom
• 3 Full Baths + 1 Half Bath
• First-Floor Shared Bath With Exterior Access
• Bright Upstairs Sunroom
• Spacious Backyard
• Glass-Enclosed Patio
• Attached 2-Car Garage
• No CDD
• Public Water & Sewer
• The first-floor bedroom, exterior-access bath, large backyard and upstairs sunroom are confirmed in the listing. ( Zillow )

RENTAL PROJECTIONS

• Est. Long-Term Rent: $2,610/month
• Est. Short-Term Rent: $4,675/month

INVESTMENT ANGLE

Large 5-bedroom, 3.5-bath home with 2,790 SF offering a straightforward value-add opportunity. The flexible first-floor bedroom/bath arrangement, large backyard, sunroom and 2-car garage make it attractive for both owner-occupants and larger households.

At the marketed $367,600 asking price against the provided $415,000 ARV, there's approximately $47,400 in gross headline spread before renovation, closing, holding and resale costs.

CONTACT

• Mike Graham
• NexKey Collective