Ormond Beach Flip or Rental

31 Margaret Rd, Ormond Beach, FL 32176

ARV: $315,000

Property Details

• 2 Bed / 1 Bath
• 910 SqFt
• Built in 1957
• Roof replaced in 2022
• Electrical updated
• AC needs replacement

Recent Comparable Sales

• 31 River Shore Dr - Sold for $320,000
• 55 Azalea Dr - Sold for $280,000
• 36 Ocean Shore Dr - Sold for $304,000

Solid opportunity for investors looking for their next fix-and-flip project in Ormond Beach. The roof was replaced in 2022 and the electrical has been updated, leaving the AC as a known replacement item.

With an estimated ARV of $315,000 and an asking price of $195,000, there's potential for a profitable renovation depending on rehab costs and final resale value.