Additional Details

• Important Details: --> Pool home! --> 4+ acres --> 2-story 4/3 with bonus rooms
• Features: 2-story pool home in Ocala! This 4 bedroom, 3 bathroom home features 3,103 sqft of living space (with 2 bonus rooms), a screened back porch, and an in-ground pool with a slide and diving board! Master suite is downstairs, 3/2 layout upstairs. Sitting on 4.1 acres with a cash-flowing mobile home rented month-to-month at $850/mo. Located near Smith Lake and Lake Weir!
• Potential ARV: $350,000 - $399,000
• Rehab Description: For a flip or rental, this property will need cosmetic updates. Downstairs kitchen, bath, and flooring are in good condition. Upstairs bathrooms, flooring, and drywall need updating. HVAC unit for upstairs in good working condition, downstairs HVAC unit needs replacing. Roof partially updated approx. 2 years ago, no apparent visible leaks - may need additional repair or replacing. Plumbing and electrical are in good working order with the exception of a leak in one of the upstairs bathrooms. New pool pump recently installed. Pressure wash and paint the exterior and do some landscaping to boost appeal. Optionally, finish the bonus rooms to add to the bedroom count make it a 5/3 or 6/3 layout. Continue to rent the mobile home or trash it out and update the landscaping.
• Estimated Rehab: $40,000 - $60,000
• Ideal Investment Strategy: Resale
• Construction: CBS
• Comp 1: 10030 SE 108th Terrace Rd, Ocala, FL 34472 (3/2, 1704 sqft) SOLD $379k in OCTOBER (1990 build, mobile home, 3.6 acres, pole barn w/ 2/1.5 layout)
• Comp 2: 9950 SE 110th Street Rd, Belleview, FL 34420 (3/2, 1922 sqft) PENDING $360k (1957 build, partially updated, pool home, 1.11 acres)
• Comp 3: 11396 SE 92nd Ct, Belleview, FL 34420 (2/1.5, 2295 sqft) SOLD $315k in MAR (1984 build, pool home, 2.95 acres)
• Comp 4: 10035 SE 108th Terrace Rd, Ocala, FL 34472 (3/2, 1034 sqft) PENDING $210k (1985 build, mobile home, partially updated, no pool, 3.48 acres)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab