Additional Details

• Important Details: --> Vacant at close --> Flood Zone X (No flood insurance needed) --> Additional enclosure of 231 SQFT
• Features: Dual-Threat Opportunity in Polk County under $120,00! This CBS 3 bedroom, 1 bathroom home sits on a large lot , in a quiet residential pocket of Lakeland, FL! The property features an additional 231 SQFT enclosesure, screened-in porch out back, attractive curb appeal, and massive yardage.! Centrally located with easy access to I-4, this property sits in an IDEAL location! Being offered vacant at close, with upside as a flip, or great addition to your rental portfolio. Don't miss out on this opportunity to scoop this one up at a nearly impossible to find price point!
• Potential ARV: $220,000-$230,000
• Rehab Description: For a flip or rental, this property will require a full rehab. On the outside, replace the roof. The AC condenser was replaced in 2019 and in working order, but the handler is older. Modernize the interior by updating the flooring, kitchen, baths, and fixtures/trim. Apply interior/exterior fresh paint and deep clean. Finish up with landscaping to boost curb appeal!
• Estimated Rehab: $60,000-$65,000
• Comparable Rent: $1200-$1300/MO
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS
• Comp 1: 1125 W 8th St, Lakeland, FL 33805 2/1 1032 SQFT 1953 Build PENDING @ $214,900 (5 days on the market) (One less bedroom/updated)
• Comp 2: 833 Wasena Ave, Lakeland, FL 33815 2/1 780 SQFT 1971 Build SOLD @ 199,990 3/11/2025 (293 sqft smaller/dated)
• Comp 3: 638 W Thomas St, Lakeland, FL 33805 2/1 784 SQFT 1948 Build SOLD @ $192,000 3/21/25 (289 sqft smaller/updated)
• Comp 4: 1721 Bayview Dr, Lakeland, FL 33805 3/1 864 SQFT 1960 Build SOLD @ $224,000 2/7/25 (168 SQFT smaller/updated)
• Comp 5: 1113 W 8th St, Lakeland, FL 33805 3/1 1126 SQFT 1954 Build SOLD @ $225,000 12/04/24 (Updated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab