$149,900

About this home

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!

Property details

MLS #

MFRA4707988

Property type

Single Family Residence

Subdivision

GURNEYS ADD

Status

Active

Days on market

N/A

On market date

September 30, 2026

Stories

N/A

Total bathrooms

2

Garage spaces

1

Parking spaces

N/A

Lot size

0.23 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).