π Location: 1075 MERRITT ST, Altamonte Springs, FL 32701π₯ Buy & Hold / Flip Opportunity! π₯π‘ Property Highlights:β Price: $230K | ARV: $375Kβ Repairs: $80Kβ Size: 1,707 Heated Sq. Ft. on 0.55 acres (23,000 Sq. Ft.)β B...
π Location: 1075 MERRITT ST, Altamonte Springs, FL 32701
π₯ Buy & Hold / Flip Opportunity! π₯
π‘ Property Highlights: β Price: $230K | ARV: $375K β Repairs: $80K β Size: 1,707 Heated Sq. Ft. on 0.55 acres (23,000 Sq. Ft.) β Beds/Baths: 3 Bed / 1 Bath β NO HOA – Maximize flexibility! β Prime Location – Close to I-4 & major shopping areas β Excellent Development Potential
π Zoning & Future Land Use Details: πΉ Future Land Use: Medium Density Residential (MDR) – Allows up to 10 dwelling units per acre (12 DU/acre for affordable housing). Max density on this lot = 5 dwelling units. πΉ Zoning: R-2 – Permits single-family homes & duplexes. πΉ Lot Requirements: Min. 9,000 sq. ft. per lot, 75 ft width. πΉ Setbacks: Front: 25 ft | Side: 15 ft | Rear: 30 ft. πΉ Subdivision Potential: Duplex lots may be platted separately.
π Serious buyers – Schedule a showing today! π π± (321) 217-5362 with Lizette Hernandez
This property is being sold as-is. All prospective buyers are advised to conduct their own due diligence, including but not limited to estimating repair costs, verifying property values, and researching market conditions.
Buyers are solely responsible for running their own numbers and verifying all details through independent researchΒ andΒ evaluation.
Additional details
Type
Single-Family
Parking
Carport
Built in
1947
Lot size
0.551 acres
Price$230,000
ARV
$375,000
Gross margin
$145,000
Deals nearby
$265,000
(ARV -
$375,000)
3 Beds
2 Baths
1450 sq.ft
$930,000
(ARV -
$1,200,000)
4 Beds
4 Baths
3692 sq.ft
$389,900
(ARV -
$530,000)
3 Beds
2 Baths
1382 sq.ft
$260,000
(ARV -
$350,000)
3 Beds
2 Baths
1305 sq.ft
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