2005 Havana, FL 32333 Home – $189,900 | $10–15K Rehab | ARV $260–270K | Big Spread!

3 Beds / 2 Baths • 1,438 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 2
  • 2005
  • 1438
  • 1438
  • No Garage

Description

Property Address: 250 Washington Ave, Havana, FL 32333

3 Bed | 2 Bath | 1,438 SQFT +converted garage | Built 2005

Property Overview

Solid 2005 build in great shape with newer updates. Roof and laminate flooring are both under 5 years old. Only needs light cosmetics — fresh paint, updated fixtures, and minor bathroom touch-ups.

Garage has been converted into an additional room, giving the home a little extra square footage and flexibility for a 4th bedroom or office setup.

Highlights

  • Year built: 2005 (no major system concerns)
  • Roof: Under 5 years old
  • Flooring: Laminate under 5 years old
  • Rehab: $10K–$15K light cosmetic
  • Converted garage for additional living space
  • Strong rental area — rents around $1,500–$1,650/mo
  • Market ARV: $260K–$270K
  • Investors still underwriting at 70–75% of ARV
  • DOM in Havana trending ~75 days — solid buy-and-hold or light flip play

Comps

  • 213 NE 5th St – 3/2, 1,443 SQFT, Built 2007 – Sold $265K (Mar 2025)
  • 214 Dogwood Ave – 4/2.5, 2,377 SQFT, Built 1975 – Sold $242.5K (Apr 2025)

Numbers

  • Asking: $189,900
  • Est. Rehab: $10K–$15K
  • ARV: $260K–$270K

Access

Occupied, available for showings. Contact for Derrick for details.

Estimated Spread

  • ARV $265,555
  • Price $189,900
  • Spread $75,655