Additional Details

• Contact: Chris Williams (954) 807-9154 - cwilliams@propertyforce.com
• Important Details: --> Pool home just minutes from the beach! --> 3/2 on 0.5-acre lot -->30-day post-closing occupancy w/ $20k escrow holdback
• Features: Pool house near the beach! This 3 bedroom, 2 bathroom house features 2,199 sqft of living area with an attached 2-car garage and a fenced back yard with a pool, Tiki bar, and detached shed. Property sits on a 0.5-acre lot less than 5 minutes from the beach in a non-deed-restricted community! Conveniently located near 30A hotspots, Santa Rosa Golf & Beach Club, Cessna Landing, and Ed Walline Regional Beach Access, among others. Great opportunity for an easy flip, long term rental, or Airbnb! Deals like these do not come along often!
• Potential ARV: $575,000 - $625,000
• Rehab Description: For a flip or short-term rental (Airbnb, VRBO), this needs cosmetic updates. Some of the flooring needs refinishing, or optionally, update flooring throughout and paint cabinets. Central HVAC and roof are in good working condition and have useful life left. Deep clean interior, apply fresh interior/exterior paint, pressure wash exterior, and do some landscaping to boost curb appeal.
• Estimated Rehab: $10,000 - $30,000
• Ideal Investment Strategy: Resale/Short-term rental
• Construction: Frame
• Comparable Rent: $3,500
• Comp 1: 861 Mack Bayou Rd, Santa Rosa Beach, FL 32459 (3/2, 1540 sqft) PENDING $705k (1988 build, no pool, updated, 660 sqft smaller, 1.24 acres, near wetland easement)
• Comp 2: 688 ALDERBERRY RD, SANTA ROSA BEACH, FL 32459 (4/2, 1783 sqft) SOLD $610k in SEPTEMBER (2018 build, no pool, 400 sqft smaller, 0.24 acres)
• Comp 3: 105 HATTON CT, SANTA ROSA BEACH, FL 32459 (3/2, 1500 sqft) SOLD $510k in SEPTEMBER (2016 build, no pool, 600 sqft smaller, 0.08 acres)
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab