Additional Details

• Important Details: --> Vacant on lockbox! --> 3/2 brick veneer in Navy Point!
• Features: Corner lot in Navy Point! This 4 bedroom, 2 bathroom brick veneer house features 1,325 sqft of living area. Property sits on a 0.19-acre corner lot steps away from Navy Point Elementary School and close NAS Pensacola and the Navy Hospital. Property is being offered vacant!
• Potential ARV: $200,000 - $225,000
• Rehab Description: For a flip or rental, this will need a full rehab to get it market ready. Install new kitchen, bathrooms, flooring, and trim/fixtures. Apply fresh interior paint throughout. Roof will need to be replaced. Some windows may need replaced. Plumbing may need attention. HVAC and electrical appear to be in good condition. Pressure wash the exterior and do some landscaping to boost appeal.
• Estimated Rehab: $50,000 - $60,000
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $1,500
• Construction: Frame/4-sided Brick Veneer
• Comp 1: 8006 Martin Dr, Pensacola, FL 32506 (3/2, 1,479 sqft) SOLD $233k in MARCH (1986 build, updated, 2-car garage)
• Comp 2: 609 Lownde Ave, Pensacola, FL 32507 (3/1, 1300 sqft) SOLD for $210k in FEBRUARY (1979 build, Only 1 bath. Fully updated)
• Comp 3: 1195 Gordon Ave, Pensacola, FL 32507 (3/2, 1728 sqft) PENDING for $215k in APRIL (1995 build, dated condition)
• Comp 4: 2 W Palmetto Ave, Pensacola, FL 32507 (3/1, 1004 sqft) SOLD for $178k in MARCH (1940 build, 1 bath, older and smaller)
• Comp 5: 909 Bartow Ave, Pensacola, FL 32507 (4/2, 1325 sqft) SOLD for $180k in FEBRUARY (1973 build, dated condition)
• Comp 6: 7681 Old Hickory Dr, Perdido Key, FL 32507 (3/2, 1230 sqft) SOLD $205k in FEBRUARY (1988 build, updated with basic finishes)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab