Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $330,000-$360,000
• Estimated Rehab: $60,000-$80,000
• Comparable Rent: $1,800-$2,200
• Construction: Frame
• Occupancy: Call your Agent
• Comp 1: 1223 70TH DR E, SARASOTA, FL 34243 - 3/2 1,616 sqft SOLD $415k NOVEMBER 2022 (1987 build, renovated, 2 car garage, no pool, and .22 acre lot)
• Comp 2: 817 WEE BURN ST, SARASOTA, FL 34243 - 2/2 1,348 sqft SOLD $350k OCTOBER 2022 (1977 build, outdated/needs remodeling, 1 car garage, no pool, and .25 acre lot)
• Comp 3: 6976 PERSIMMON PL, SARASOTA, FL 34234 - 3/2 1,288 sqft CASH INVESTOR SALE $219k (1997 Frame build, right down the road from subject, needs work .20 acre lot)
• Rehab Description: For a flip or rental this needs a full rehab update to the kitchen, bathrooms, some of the flooring, fixtures, and appliances. Roof is in good condition with permitted work done in 2019. Add a closet back into the third bedroom. Tear down unpermitted additional structure. Outside central A/C unit is in good condition, inside handler appears to be older. The electrical may require attention. Some windows are newer and a few need to be replaced. A trashout is needed, with deep cleaning, pressure wash, and patch work to the exterior. Maximize value by adding in a second bathroom and fourth bedroom with the spacious floorplan.
• Features: Attractive deal in Sarasota! This 3 bedroom 1 bathroom home features 1,600 living sqft, an additonal spare room, has a fenced yard, front screened entry way, and sits on a large .32 acre lot. Being offered at a price you absolutely cannot find anywhere close to this and located nearby Whitfield Park and just north of the Sarasota Airport. Capture this instant equity today!
• Important Details: --> Buyer agrees to assume tenant on a month to month basis renting $1,200/mo. Tenant pays utilities and there is a $1,200 security deposit. --> 3/1 on Tax Roll
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab