115, 5th Avenue, Lehigh Acres, Florida, 33936
SOLD! $149,990
Additional Details
- Important Details: --> Vacant at close --> NEW AC unit --> Flood Zone X (No flood insurance needed)
- Features: TEXTBOOK flip with great specs in Lehigh Acres, FL! This 4-bedroom, 2-bathroom home features 1195 of living sqft, and sits on a corner fenced in lot. Being offered vacant at close and with plenty of upside as a flip. Located in a quiet residential neighborhood, minutes from shopping, restaurants, and major highways. Don't miss out!
- Potential ARV: $260,000-$270,000
- Rehab Description: For a flip or rental, this property will require a full Renovation. The AC unit is brand new!
- Estimated Rehab: $60,000-$70,000
- Comparable Rent: $1600-$1700
- Ideal Investment Strategy: Resale/Rental
- Comp 1: 1102 E BOUGAINVILLEA RD LEHIGH ACRES, FL 33936 3/1.5 998 SQFT 1960 Build SOLD @ $240,000 (7 days on the market) (Smaller/updated)
- Comp 2: 200 OREGON RD W LEHIGH ACRES, FL 33936 3/1.5 1073 SQFT 1960 Build SOLD @ $265,000 11/13/24 (Smaller/very cheap updates)
- Comp 3: 405 Penn RD W, Lehigh Acres, FL 33936 3/1.5 1092 SQFT 1962 Build SOLD @ $250,000 10/15/24 (Smaller/updated/has a garage)
- Comp 4: 109 Contee Dr, Lehigh Acres, FL 33936 3/2 1196 SQFT 1978 Build SOLD @ $269,900 10/28/24 (Clean/some updates with a garage)
- Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab