Property Overview

This 3-bedroom, 1-bath concrete block home offers 1,020 sq ft of living space on a 6,911 sq ft lot in Orlando’s Richmond Heights neighborhood. Built in 1962, the property includes a 1-car carport and a functional layout with original terrazzo flooring.

The home needs a full interior rehab — including cosmetics, kitchen/bath replacement, and mechanical updates — but the structure presents as solid and typical for 1960s block homes in this area. With no HOA, strong rental demand, and renovated 3/1 comps trading in the mid-$200Ks, this deal offers a clean value-add opportunity at a $159,900 entry point.

Investment Highlights

• 3BR / 1BA single-family home | 1,020 sq ft
• 1962 concrete block construction
• 0.16-acre lot with carport
• Original terrazzo floors throughout
• No HOA | Annual taxes approx. $3,049
• Estimated rent: $1,700+ / month
• Strong 3/1 retail comps in the $240K–$260K range
• Ideal flip or long-term rental after full interior rehab

Rehab Scope Summary (Full Interior Rehab)

• Replace kitchen cabinets, counters, appliances
• Replace bathroom (tub, tile, vanity, toilet, fixtures)
• Interior paint, doors, trim
• Flooring refinishing or replacement (terrazzo patch + polish OR LVP install)
• Lighting, fans, electrical clean-up
• HVAC/water heater updates as needed
• Window repair or replacement where deteriorated
• Exterior paint + curb appeal clean-up
• General deep clean, trash-out, and punch-list

Comparable Sales – Richmond Heights

• 4270 Solomon Dr – 3/1 | 875 sf | 1969 | Sold $243,000 ($278/sf)
• 4469 Evers Pl – 3/1 | 985 sf | 1967 | Sold $255,000 ($259/sf)
• 4118 Kirkland Blvd – 3/1 | 1,020 sf | 1962 | Pending $250,000 ($245/sf)
• 2111 Mantilla Ave – 3/1 | 1,040 sf | 1964 | Pending $250,000 ($240/sf)

Updated homes support a resale range of $240,000–$260,000.

ARV Estimate

Projected resale value based on size and comp range:

$240,000 – $260,000 ±
Working ARV: ~$250,000