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2427 LOCKE AVENUE

House Active With Contract
$179,900

BTC: 2.14639384

ETH: 67.88679245

-$20K (2026/09/10)
7 days
5 bds
2 ba
2,554 sqft

Overview

INVESTOR SPECIAL! Rare equity-building opportunity in a high-demand West Orlando neighborhood. This oversized property sits on an impressive lot and features solid concrete block construction, offering incredible structural integrity. Portions of the home have sustained fire damage, making this an ideal project for a seasoned investor, contractor, or flipper. Similar neighboring homes in pristine condition command up to $375,000. With an estimated rehab budget of $75,000, there is a massive path to appreciation and a projected $100,000+ ROI. Property is being sold strictly As-Is with the buyer to verify all structural elements, permits, and square footage. Cash or hard money only. The master bedroom area including the kitchen has fire damages. No blind offers! Don't miss out on one of the best margins in the area—schedule your walkthrough today! *******Highest & Best are due on 9/16/26 by 5PM*******

Location

Florida • ORLANDO • 32818 • House • Active With Contract

Details

Type:
Residential
Parking:
No Data
Year Built:
1970
Lot:
0.31 Acres
Heating:
Central / Electric
Price/sqft:
$70
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$564,950
$366K – $799K
Confidence Low
List vs. estimate
$385K below estimate
List $179,900 · -68.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$70
-72.7% vs. city median $258
Based on
40 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,214
2025
Garage
2 car garage
Pets
Allowed
All facts and features

  • Flooring

    • Ceramic Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Other

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Lighting / Sidewalk

    Lot

    • Lot: 0.31 Acres

    Other Property Information

    • Parcel Number: 132228722000100

    • Zoning: R-1A

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Street Lights

    • Water Available

  • Other financial information

    • Annual tax amount: $4,214

  • Source details

    • MLS ID: S5156894

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block

    • Laundry Features: Laundry Closet

    • Direction Faces: South

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2554

    • Water Source: None

    • Subdivision Name: POWERS PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
32818
114
median $349K
Active
Same city
ORLANDO
4,769
median $362K
Active
Same type
House
2,163
median $489K
Active
Similar price
$125K – $233K
864
median $179K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: SUNSHINE REAL ESTATE PROS LLC