Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $120,000-$135,000
• Estimated Rehab: $5,000-$15,000
• Comparable Rent: $1,500
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 150 El Dorado Apt 206, Winter Haven, FL 33884 -- 2/2/1372 sq ft -- SOLD $130k MAY 2023 -- (Pending in 25 days! Clean with Updates, Adjacent and Identical Unit)
• Comp 2: 150 El Dorado Apt 204, Winter Haven, FL 33884 -- 2/2/1372 sq ft -- SOLD $130k JAN 2023 -- (Clean with Partial Updates, Older Appliances, Identical Unit)
• Comp 3: 150 El Dorado Apt 305, Winter Haven, FL 33884 -- 2/2/1372 sq ft -- SOLD $115k MAR 2023 -- (Pending in 1 day at Full Price! Clean, Dated, Identical Unit)
• Rehab Description: For a rental, deep clean and repaint. For a flip, cosmetic updates are optional. Remodel the kitchen, replace the carpets, and repaint to maximize resale price. The HVAC appears to be in good working order. The bathrooms and tile flooring are already in market-ready condition.
• Features: Oversized Condominium in Polk County?! This 2 bedroom, 2 bathroom, CBS construction Condo sits in a quiet, 55+ Community in Winter Haven, FL! The property features a spacious floor plan complete with a master suite, a Florida room, tile floors, stainless steel appliances, and covered parking. The property is well-kept and is already in rent-ready condition! Centrally located right in between Hwy-17 and Hwy-27, this property sits in an attractive location! Don't miss out on this opportunity to get into this community at a nearly impossible-to-find price point!
• Important Details: --> On lease through July 2024 --> Buyer can be under 55 y/o. Both Buyer and Tenant require HOA approval. --> HOA Community at $495/mo - covers: Cable TV, Gas, Maintenance Structure, Maintenance Grounds, Pool, Recreational Facilities, Sewer, Trash, Water
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab