FEATURES:

End unit townhome in gated community that sits in an Opportunity Zone! LOW HOA of $127/mo that allows rentals, short-term rentals, no approval process and covers exterior maintenance and roof! 30 minute drive to Disney. This property would make an awesome rental or AirBnB for years to come or simply do a cosmetic rehab inside and flip it for a solid profit.

REHAB: 

For Rental: Replace carpet throughout, replace shower/tub combo’s in both bathrooms, some drywall repairs and fresh coat of paint inside. Optionally, you could fully update this home with new kitchen and bathrooms if you want to achieve higher rent.

For Flip: Replace the kitchen, replace both bathrooms, all new flooring throughout, some drywall repairs and fresh paint on the side, install all new fixtures, new appliances and new window blinds.

COMPS:

Flip Comps:
2184 Cypress Bay Blvd, Kissimmee – 230K, CS 3/29/24, similar condition and sold to investor who rented it for $2,100
2178 Cypress Bay Blvd, Kissimmee – 265K,CS 8/4/23, updated within last 5 years, 2bed/2bath middle unit, DOM 2 days
2132 Cypress Bay Blvd, Kissimmee – 264K PS, 34 DOM, not updated, 2bed/2bath middle unit

Rental Comps:
2182 Cypress Bay Blvd, Kissimmee – 3/2 unit $1,995/mo Leased 11/11/23
2184 Cypress Bay Blvd, Kissimmee – 3/2 unit $2,100/mo Leased 6/7/24