1428, Southeast 25th Terrace, Cape Coral, Lee County, Florida, 33904, United States
SOLD! $225,990 - Single Family
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $325,000-$340,000
- Estimated Rehab: $35,000-$50,000
- Comparable Rent: $2,350
- Construction: CBS
- Occupancy: Call your Agent
- Comp 1: 2910 SE 10th Ave, Cape Coral, FL 33904 - 3/2, SOLD $335k, FEBRUARY 2022 (1980 build, 1,221 sq ft, remodeled, 1-car garage)
- Comp 2: 1410 Everest Pkwy, Cape Coral, FL 33904 - 3/2, SOLD $316k, DECEMBER 2021 (1975 build, 1,651 sq ft, remodeled, 1-car garage)
- Comp 3: 1123 SE 29th St, Cape Coral, FL 33904 - 3/2, SOLD $360k, April 2022, 5 DOM (1980 build, 1400 sq ft, remodeled, 2-car garage)
- Comp 4: 2227 SE 15th Ave, Cape Coral, FL 33990 - 3/2 Sold $332k NOVEMBER 2021, 2 DOM (1967 build, 1,365 sqft, remodeled, 1-car garage)
- Rehab Description: For a flip or rental this needs interior cosmetic updates to kitchen, baths, and flooring. LVP flooring in den appears newer, terrazzo flooring in bedrooms and kitchen. Carpet in living/dining rooms need to be replaced. Roof appears in good shape fascia and soffits need attention. Plumbing and electrical in good shape. Central AC in working condition but needs new batteries in thermostat. Exterior paint, deep clean, and fresh landscaping will boost curb appeal! Optionally, add a concrete or gravel driveway to boost value.
- Features: Excellent deal in Cape Coral! 3 bedroom, 2 bathroom concrete block home in Cape Coral features 1,242 sq ft of living space plus 336 sq ft of finished enclosed den space, screened-in front porch, and covered carport w/ utility closet. Conveniently located off of Veterans Pkwy and Del Prado Blvd and minutes away from the Caloosahatchee River. Being offered vacant at close with nice upside potential in hot Cape Coral!
- Important Details: --> 60-day post closing occupancy with $21,000 escrow holdback.
- Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab