Winter Park 32789 4 Bed CBS Ranch | 2,445 Sq Ft | Heavy Rehab | ARV ~$700K+

  • $399,000
  • Featured Properties, Single Family Home
  • Property Type
  • 4
  • Bedrooms
  • 2.5
  • Bathrooms
  • 1
  • Garage
  • 2,445
  • Sq Ft
  • 1943
  • Year Built
  • $3,800
  • Rentometer AVG

Overview

  • Featured Properties, Single Family Home
  • Property Type
  • 4
  • Bedrooms
  • 2.5
  • Bathrooms
  • 1
  • Garage
  • 2,445
  • Sq Ft
  • 1943
  • Year Built
  • $3,800
  • Rentometer AVG

Description

This 4-bedroom, 2.5-bath concrete block ranch offers 2,445 sq ft of living space on a 0.22-acre lot in the highly desirable Winter Park 32789 zip code. Built in 1943, the property features a single-story layout with a solid block/brick structure, providing a strong foundation for a high-end renovation in a supply-constrained submarket.

The home requires a full top-to-bottom renovation including roof, HVAC, kitchen, baths, flooring, electrical, plumbing, and cosmetic finishes. The current layout is somewhat dated and would benefit from opening up key living areas to match modern buyer expectations. Plaster interior walls may require additional prep, and original systems should be assumed near end-of-life.

Located on a quiet interior street with no HOA and positioned in Flood Zone X, the property offers flexibility across multiple exit strategies. The oversized footprint, 4-bedroom configuration, and lot size support strong resale potential, with additional upside through layout optimization and high-end finishes.

Overall, this is a true heavy rehab opportunity with strong margin potential in one of Orlando’s most competitive submarkets.

Seller is motivated — let’s make a deal.


Investment Highlights

📊 Comparable Sales – Winter Park, FL (32789)
(Condensed for flyer use)

201 Roxbury Rd – 3/2 – 1,785 SF – $470K ($263/SF) – Dec 2025
240 Cambridge Blvd – 3/2 – 1,768 SF – $490K ($277/SF) – Dec 2025
1875 Staunton Ave – 4/2 – 2,036 SF – $560K ($275/SF) – Jan 2026
1500 Ibis Ct – 3/2.5 – 2,305 SF – $623K ($270/SF) – Recent
1340 Pelham Rd – 3/2 – 2,042 SF – $771K ($378/SF) – Oct 2025
2129 Fosgate Dr – 3/3 – 2,515 SF – $920K ($366/SF) – Dec 2025


Property Details

ItemInfo
FoundationSlab
ConstructionConcrete Block / Brick
ConditionFull Gut / Heavy Rehab
OccupancyVacant
Lot Size0.22 Acre
HOANone
Flood ZoneX
Asking Price[Insert Price]
Estimated ARV~$699,000 (Conservative)

Key Features

2,445 SF footprint (large for area)
4-bedroom, 2.5-bath layout
Concrete block construction
0.22-acre lot with room for pool
Single-story ranch (high buyer demand)
No HOA / no rental restrictions
Quiet interior street location
Located in highly desirable 32789 zip code


Rental Outlook

Market Rent: ~$3,800–$4,200/month
Strong demand from high-income renters in Winter Park
4-bed layout performs well for family and executive rentals


Rehab Scope Summary (Estimated)

Full roof replacement
Full HVAC system replacement
Complete kitchen renovation
2 full bath remodels + half bath update
Flooring throughout (~2,445 SF)
Interior & exterior paint (plaster prep likely)
Electrical upgrade (panel + wiring)
Plumbing repair or repipe
Layout reconfiguration (open concept conversion)
Window replacement (likely original)
Landscaping and curb appeal improvements


Exit Strategies

Full flip targeting ~$700K+ ARV
High-end renovation with layout redesign (maximize ceiling ~$735K–$750K)
Buy-and-hold rental in premium submarket
Wholetail (limited viability due to condition)


Contact

📞 Call/Text: 321-436-4911
📧 Email: fosteralgier@gmail.com
🌐 Website: FACSold.com

Details

Updated on April 16, 2026 at 12:51 pm
  • Price: $399,000
  • Property Size: 2,445 Sq Ft
  • Bedrooms: 4
  • Bathrooms: 2.5
  • Garage: 1
  • Garage Size: Carport
  • Year Built: 1943
  • Property Type: Featured Properties, Single Family Home
  • Occupied/Vacant : Vacant
  • Rehab: Full
  • Rentometer AVG : $3,800
  • County: Orange
  • Pool: N/A
  • Property Type: Single Family

Address

  • City Orlando
  • State/county Florida

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