Additional Details

• Features: Dual-Threat Opportunity in Charlotte County! This 3 bedroom, 2 bathroom, CBS construction home sits on a 10,000 sq ft lot in a quiet residential pocket of Port Charlotte, FL. The property features a new roof, HVAC, and electrical panel, a 1-car garage, and plenty of yard space! With easy access to US-41, situated nearby a hospital, colleges, and Port Charlotte Beach Park, this property sits in an IDEAL location, so don't miss out on this opportunity!
• Potential ARV: $265,000-$285,000
• Rehab Description: For a rental or a flip, this is an easy rehab. Property needs cosmetic updates. Remodel the kitchen and bathrooms. The roof was replaced with permits in late 2022. The HVAC was just replaced this year. The electrical panel was upgraded with permits in late 2020. Finish with a fresh coat of paint and install landscape to boost curb appeal.
• Estimated Rehab: $30,000-$40,000
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $1900
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 2573 Rock Creek Dr, Port Charlotte, FL 33948 2/2 1101 SQFT 1972 Build SOLD @ $296,000 08/23/23 (Sold dated and inferior property)
• Comp 2: 2725 Rock Creek Dr, Port Charlotte, FL 33948 3/2 1172 SQFT 1983 BUILD SOLD @ $251,000 10/27/23 (12 days on the market) (Frame without a garage and sold dated. Inferior property)
• Comp 3: 19909 Midway Blvd, Pt Charlotte, FL 33948 2/2 931 sqft 1972 Build SOLD @ 320,000 08/08/23 (Smaller and fully updated)
• Important Details: --> On lease through April --> Flood Zone X - (No Insurance Required)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab