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606 VENTURA AVENUE

House For Sale
$149,900

BTC: 1.78452381

ETH: 56.56603774

1 days
3 bds
2 ba
1,529 sqft

Overview

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!

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1955
Lot:
0.23 Acres
Heating:
Electric
Price/sqft:
$98
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$470,000
$209K – $663K
Confidence Low
List vs. estimate
$320K below estimate
List $149,900 · -68.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$98
-61.8% vs. city median $256
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,416
2026
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Convection Oven

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Sidewalk

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 272229326802050

    • Zoning: R-1AA/T

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,417

  • Source details

    • MLS ID: A4707988

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: None

    • Direction Faces: East

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1529

    • Water Source: None

    • Subdivision Name: GURNEYS ADD

Private inquiry
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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: SAVVY AVENUE, LLC