WINTER HAVEN, FL | FIX N FLIP | ASK $205,000 | ARV 375K
About this property
This rare 6-bed, 3-bath two-story Craftsman in Winter Haven, FL was built in 1915 and has 2,102 square feet on a 6,700-square-foot (0.15-acre) lot. It is in a prime medical corridor directly across from Winter Haven Hospital, and its Mixed-Use (MU) zoning offers multi-unit and redevelopment potential. The cash price is $205,000 plus closing costs and the TC fee, which is $55,000 below the MLS listing, with $106,000 in flip equity and a 12.5%+ gross yield. Average rent is estimated at $2,600 - $3,300, and the property needs a medium rehab.
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