1119 40th St, Sarasota, FL 34234
SOLD! $169,990 - Single Family
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $325,000-$350,000
- Estimated Rehab: $50,000-$65,000
- Comparable Rent: $2,100-$2,200
- Construction: CBS
- Occupancy: Call your Agent
- Comp 1: 1053 41ST ST, SARASOTA, FL 34234 - 2/1 774 sqft SOLD $347k AUGUST 2022 (1949 frame build, remodeled, no pool and no garage, .12 acre lot)
- Comp 2: 952 46TH ST, SARASOTA, FL 34234 - 3/1 1,292 sqft PENDING $349k (1955 cbs build, remodeled, no pool and 1 car garage, .17 acre lot)
- Comp 3: 3710 RILMA AVE, SARASOTA, FL 34234 - 3/1 1,040 sqft SOLD $405k JUNE 2022 (1949 frame build, remodeled, no pool and one car garage with carport, .16 acre lot)
- Comp 4: 1005 47TH ST, SARASOTA, FL 34234 - 2/1 1,014 sqft SOLD $361k JUNE 2022 (1955 cbs build, remodeled, no pool and has carport, .12 acre lot)
- Comp 5: 1252 HIGHLAND ST, SARASOTA, FL 34234 - 3/1 984 sqft SOLD $305k SEPTEMBER 2022 (1959 cbs build, renovated, no pool and no garage, .14 acre lot)
- Rehab Description: For a flip this needs a full cosmetic rehab to the kitchen, bathroom, fixtures, and appliances. Roof likely needs to be replaced. Central air may need to be serviced or updated. A trashout of the inside and outside of the property is needed and a couple windows replaced. Tear down the existing detached sheds and some sections of the fence need to be repaired. Apply fresh interior/exterior paint, deep cleaning, and freshen up the exterior with cleanup landscaping!
- Features: Excellent deal in Sarasota! This 3 bedroom, 1 bathroom concrete block home features 1,252 living sqft, has a fenced yard, and sits on a .18 acre lot in a great location, minutes away from Downtown Sarasota. Being offered vacant at close at an attractive price for immediate rehab as a great flip or rental opportunity!
- Important Details: --> VACANT AT CLOSE - ON LOCKBOX! --> Buyer agrees to assume a trashout of the property --> Pics were taken post-hurricane
- Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab