Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $500,000-$520,000
• Estimated Rehab: $45,000-$60,000
• Comparable Rent: $2,450
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 1046 LEE ST, ENGLEWOOD, FL 34224 - 2/2 1,028 sqft SOLD $500k MARCH 2022, 13 DOM (1986 build, outdated, with one car garage and gulf access)
• Comp 2: 878 E 6TH ST, ENGLEWOOD, FL 34223 - 3/2 1,287 sqft SOLD $485k FEBRUARY 2022 (1968 build, updated and on the canal with gulf access)
• Comp 3: 806 E 4TH ST, ENGLEWOOD, FL 34223 - 2/2 1,445 sqft SOLD $625k MARCH 2022, 3 DOM (1982 build pool home, updated on the canal and oversold $25k above sold price)
• Comp 4: 1090 LEE ST, ENGLEWOOD, FL 34224 - 2/2 1,268 sqft PENDING $450k (1973 build, outdated, 1 car garage and gulf access)
• Rehab Description: For a flip or rental this needs a full rehab update to the kitchen, bathrooms, flooring, fixtures, and appliances. Roof is from 2010 and has no visual evidence of leaking and appears to be in great shape. Central Air unit likely needs to be replaced. Some of the doors and trim as well as the carpet in the lanai require some attention. Lanai also needs to be re screened. Apply fresh paint, deep clean, and do some landscaping to boost curb appeal!
• Features: Prime waterfront, canal home in Englewood! This 2 bedroom, 2 bathroom concrete block home features 1,306 living sqft, has an attached 2 car garage, an enclosed lanai, has direct canal access to the gulf, and sits on a .21 acre lot. Being offered vacant at close with huge upside potential. This is a winner!
• Important Details: --> Vacant at close!
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab