606 Ventura Avenue, Orlando, FL 32805

$149,900
3
BD
2
BA
1,529
SqFt

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List Price
$149,900
Status
Active
Days on Market
0
MLS#
A4707988
Property Style
Single Family
Year Built
1955
Bedrooms
3
Bathrooms
2
Living Area
1,529
Price per sq. ft.
98.04
Lot Size
10,123
Acres
0.23
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Gurneys Add
MLS Area Major
Orlando/Washington Shores

Property Description

INVESTOR SPECIAL – PRICED BELOW MARKET IN A CLOSE-TO-DOWNTOWN ORLANDO LOCATION! This is the value-add opportunity investors wait for. 606 Ventura Ave is a 3-bedroom, 2-bathroom, 1,529 sq ft single-family home in the established Rock Lake area, just minutes west of downtown Orlando. The home needs a lot of TLC and is being sold strictly AS-IS, which is exactly why it's priced well below comparable homes nearby. Whether you're a flipper, a buy-and-hold landlord, or running the BRRR strategy, the numbers here are built to work in your favor. 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!

Additional Information

Taxes
$4416
Minimum Lease Period
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R-1AA/T
Interior Features
Ceiling Fans(s)
Floor
Tile
Appliances
Convection Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Utilities
Electricity Connected, Public, Sewer Connected, Water Connected
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Sidewalk
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
1 Car Garage
Garage Spaces
1
Pets
Allowed
Flood Zone Code
X
Parcel ID
27-22-29-3268-02-050
Legal Description
GURNEYS ADDITION T/34 LOT 5 BLK B

Listing courtesy of SAVVY AVENUE, LLC. 888-490-1268

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