1400 Lake Elbert Dr SE Winter Haven FL 33884

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Lake Elbert Dr SE Winter Haven FL 33884

$390,000

1400 Lake Elbert Dr SE Winter Haven FL 33884

5

Beds

5.5

Baths

3,778

Sqft

1950

Year Build

Proforma Summary

Fix & Flip

Estimated ARV: $610,000

Buy & Hold

Renovation Info

Estimated Rehab: Low to Medium
Roof Age: 2018
AC Age: 2023 & 2017

Key Details

Single Family Home
HOA: None
Lot Size: 0.53 Acres
Garage Type: 1-Car Garage
Construction Type: Block
Vacancy: Occupied

Unit Breakdown

UnitBed/BathLiving (Sqft)Gross (Sqft)Proforma Rent

About This Property

Winter Haven Fix & Flip with Almost 100K in Spread
Don’t miss this excellent fix-and-flip opportunity in Winter Haven, offering nearly $100,000 in potential spread. This solid block home with a pool and a garage requires only a low-to-medium renovation, making it an attractive project for investors. Located just steps from beautiful Lake Elbert, the property benefits from strong comparable sales in the immediate area. Consisting of 5 beds, 5.5 baths, and a big 0.53 acre lot, it’s great whether you want to make it your forever home or turn it into your next profitable flip.

Sales Comparable

304 LOCHEN CIRCLE SE, WINTER HAVEN, Florida 33884
$600,000
4 Bedrooms, 3 Bathrooms, 3,159 sqft (619 sqft less)
316 LOCHEN CIR SE, WINTER HAVEN, Florida 33884
$615,550
5 Bedroom, 3.5 Bathroom, 3,503 sqft (275 sqft less)

Terms and Conditions

All offers are Cash or Private Lender Only. $5000 non-refundable deposit required for purchase up to $300,000, $10,000 non-refundable deposit required for purchases over $300,000. Properties are sold AS-IS with NO inspection period; Please inspect first. Buyer pays all closing costs for buyer and sellers Rehab Estimate, Projected Rent, and ARV are ESTIMATES based upon the analysis and opinion of SafetyNet Group. Actual repair cost, rent, and/or ARV may vary. Taxes, Insurance, and Closing Cost are estimates. Actual cost may vary. SafetyNet Group has an equitable interest in this property and is advertising the sale of this interest.

 

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