November 2011 is behind us and despite what the media says the Orlando real estate market is not slowing down. Inventory may be down to 2005 levels, but sales are strong. Check out some of these homes we sold last month.
Westpointe Hibiscus Crosswind
1. Westpointe Blvd, Orlando, FL 32835. This was a 2 bed/1 bath condo in Bermuda Dunes in the Metrowest area. Located on the golf course and minutes from Universal Studios and the attractions. Sold for $76,000 to a cash buyer.
2. Hibiscus Road, Casselberry, FL 32707. A 3 bed/1 bath handyman special house in the Queens Mirror area right off of Red Bug & 436. Inexpensive rental property that an investor snatched up for a mere $46,500. Remember we do property management too.
3. Jennifer Jean Drive, Orlando, FL 32818. 3/2/2 beautiful home in the Beacon Hill subdivision near Pine Hills. Remodeled with new kitchen and looking great. Sold to a first time FHA buyer for just $75,000.
4. Crosswind Circle, Orlando, FL 32825. 3/2/2 pool home in East Orlando. The Countrywalk subdivision is in a great location near the colleges and has community tennis courts. Sold for $129,900.
5. Honey Road, Apopka, FL 32712. 4/2/2 block home in Spring Harbor. Beautifully remodeled. This was actually a house that one of our investors bought wholesale and then fixed up for an end buyer to live in. They bought for $85,000 in the Spring and sold it last month for $131,000. Yes, house flipping is back with a vengeance.
6. North Street, Longwood, FL 32750. 4/3 house in the Sanlando Springs neighborhood. Sold to a new FHA buyer for $118,000.
7. Larry Drive, Deland, FL 32724. 4 bed/2 bath block home. Bank foreclosure that we wholesaled to a landlord. Great deal for a house this size. Sold for only $28,000.
This is a just a short sampling of the 25 closed deals we had last month. If you notice, only one of the above sales was a short sale or a bank owned home. There are plenty of regular old deals out there that people are selling retail. And the retail buyers are out there buying. Interest rates hover in the 3s still. More deals are headed for closing in December. We would love to help you buy or sell. Please contact us and we will get you started.
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