Kissimmee, FL – 4/2 Great Potential rental!

  • Wholesale Price: $255,000
404 Manitoba Drive, Kissimmee, FL, 34759
For Sale
Kissimmee, FL – 4/2 Great Potential rental!
404 Manitoba Drive, Kissimmee, FL, 34759
  • Wholesale Price: $255,000

Overview

Property ID: PP25525
  • Single Family Home
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Garage
  • 2222
  • sqft
  • 2005
  • Year Built

Description

Contact Michael Ilhardt, Dispositions Manager!

mike@propertypulse.io  *  321-613-6474

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InvestorLift Link

PROPERTY SUMMARY

  • Type:  Single Family Home
  • County:  Polk
  • Beds:  4
  • Baths:  2
  • Living:  2,222 sf
  • Lot:  9,148 sf
  • Year:  2005
  • Pool:  No
  • Exterior:  Block
  • Utilities:  City Water/Sewer
  • Flood Zone:  No
  • HOA: Yes, $22/month

CLOSING & ACCESS

  • Closing:  8/13/25
  • EMD:  $10,000
  • Occupancy:  Owner Occupied – Will vacate
  • Access:  By Appointment Only (proof of funds required beforehand)

INVESTMENT SUMMARY

  • Wholesale Price:  $255,000 +cc
  • Potential ARV:  $330,000
  • Gross Margin:  $75,000
  • Potential Rent: $1,900/month
  • Estimated Rehab:  $10,000 – $20,000

REHAB SUMMARY

  • Roof: 5 years old per seller
  • HVAC: 5 years old per seller
  • Plumbing:  No known issues
  • Electrical:  No known issues
  • Exterior:  Some landscaping needed and fresh paint
  • Interior: Paint and some minimal drywall repairs

SOLD COMPS

  • 539 Lakeview Dr (4/3, 2,596 sf, 2006 year) — Sold for $360K (5/29/25) — Renovated
  • 410 Manitoba Dr (3/3, 2,230 sf, 2006 year) — Sold for $320K (10/4/24) — Renovated

RENT COMPS

  • 429 Ohio Way (3/2, 1,793 sf, 2021 year) — Rent for $1,950/month
  • 429 Ohio Way (3/2, 1,793 sf, 2021 year) — Rent for $1,950/month

MUST READ:

  • $10,000 Earnest Money Deposit (refundable ONLY if clear title cannot be conveyed).
  • Buyer pays ALL closing costs. Closing MUST be with our escrow company.
  • Cash or Private/Hard Money Only. NO financing contingencies.
  • Walkthroughs by Appointment Only. DO NOT disturb occupants.
  • Property sold AS-IS, No Contingencies. Conduct due diligence prior to assignment.
  • Buyer must verify all information independently. We assume NO liability for accuracy.
  • DO NOT contact the seller. Unauthorized contact will result in legal action.
  • We are acting as a principal, not as a broker. NO representation is made to any party.
  • This is an assignment of contract. A legally binding purchase contract and memorandum have been signed with the seller, giving our company exclusive rights to purchase this property.
  • We DO NOT grant anyone permission to market this property without our approval. Realtors and Wholesalers – contact us directly.
  • Address 404 Manitoba Drive, Kissimmee, FL, 34759
  • Zip/Postal Code 34759

Details

Updated on July 30, 2025 at 1:55 pm
  • Property ID: PP25525
  • Price: Wholesale Price: $255,000
  • Property Size: 2222 sqft
  • Land Area: 9148 sqft
  • Bedrooms: 4
  • Bathrooms: 2
  • Garage: 1
  • Year Built: 2005
  • Property Type: Single Family Home
  • Property Status: For Sale

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