3 Beds
2 Baths
1,529 SqFt
3 Beds
2 Baths
1,529 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,529 sqft
Price per Sqft $98
Subdivision Gurneys Add
MLS Listing ID A4707988
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1955
Annual Tax Amount $4,416
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
WHY INVESTORS WILL LOVE THIS PROPERTY: You're buying at a discount and creating equity through renovation. With a solid 3/2 floor plan and over 1,500 sq ft of living space, this house has the size and layout today's buyers and renters want. That's a big advantage over the smaller 2-bedroom homes common in older Orlando neighborhoods. Put in updates like a new kitchen, refreshed bathrooms, flooring, paint, and system upgrades, and you can force appreciation and capture a strong after-repair value. Renovated homes on this very street have already been bought, improved, and resold, proving the rehab model works here.
MULTIPLE WAYS TO PROFIT:
FIX & FLIP: Buy below market, renovate, and sell to retail buyers looking for an updated home close to downtown at a price below many other central Orlando neighborhoods.
429 Ventura Ave was marketed as an investment opportunity and sold for $202,500 in March 2025. 531 Ventura Ave, which had a full renovation including a 2024 roof, new flooring, and a new kitchen, sold for $375,000 in December 2024. That spread on the same street is a strong selling point, so you could add something like "renovated homes on this street have sold in the $375K range.
BUY & HOLD: Orlando has one of the strongest rental markets in Florida, fueled by steady population growth, tourism and hospitality jobs, healthcare, and a booming downtown. A renovated 3/2 single-family home is one of the most in-demand rental types in the city.
BRRR: Buy, rehab, rent, refinance, and pull your capital back out to repeat the process on your next deal.
LONG-TERM APPRECIATION: The west side of downtown Orlando has seen substantial public and private investment in recent years. Getting in now positions you ahead of continued growth in the area.
LOCATION, LOCATION, LOCATION: The Rock Lake area offers what investors and end users both look for, which is convenience and access. You're a short drive from downtown Orlando's business district, restaurants, and nightlife, plus the Creative Village development, home to the UCF and Valencia downtown campus. Camping World Stadium, the Kia Center, and the Dr. Phillips Center for the Performing Arts are all close by, as are Lake Lorna Doone Park and the many neighborhood lakes and parks that give Orlando its character. Commuters and tenants will appreciate the quick access to I-4, SR-408, and the East-West Expressway, making it easy to reach major employers, Orlando International Airport, and the theme parks. Public transit options through LYNX add to the rental appeal.
Cash and hard money only. The property is sold strictly AS-IS, WHERE-IS, and the seller will make no repairs or concessions. Buyer to verify all information, including square footage, lot size, zoning, utilities, permits, and rental potential. Well-priced investor deals in central Orlando don't last!
Location
State FL
County Orange
Community Gurneys Add
Area 32805 - Orlando/Washington Shores
Zoning R-1AA/T
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Central Air
Flooring Tile
Furnishings Unfurnished
Fireplace false
Appliance Convection Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry None
Exterior
Exterior Feature Sidewalk
Garage Spaces 1.0
Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected
View Y/N No
Water Access No
Roof Type Shingle
Attached Garage true
Exposure East
Garage true
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water None
Structure Type Block
New Construction false
Others
Pets Allowed Cats OK, Dogs OK
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4707988
Nearby Locations
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