Additional Details

• Important Details: --> Vacant at close --> Flood Zone X (No flood insurance required) --> 2021 Roof
• Features: Easy flip with great specs — This 3/2 home offers 1,619 SQFT and will be delivered vacant at close. Located in Flood Zone X (no flood insurance required), the property features a 2021 roof, fenced yard, outdoor shed, screened front porch, and a wraparound driveway, giving it strong curb appeal and functionality. With solid square footage, desirable features, and major roof expenses already addressed, this is a clean value-add opportunity with strong resale potential.
• Potential ARV: $250,000-$260,000
• Rehab Description: The property will need a cosmetic refresh to maximize resale value. The roof was replaced in 2022, and the AC is currently in working order but may need replacing due to age. Update the flooring, kitchen, bathrooms, and fixtures, apply fresh interior and exterior paint, complete a thorough deep clean, and improve the landscaping to create a clean, market-ready product.
• Comparable Rent: $1750-$1850/MO
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS
• Comp 1: 1531 Lake Clay Dr, Lake Placid, FL 33852 3/2 1416 SQFT 1987 Build PENDING @ $264,900 (Smaller/dated)
• Comp 2: 1567 Buck St, Lake Placid, FL 33852 2/2 1592 SQFT 1987 Build PENDING @ $249,000 (Does have a garage, but dated)
• Comp 3: 1521 Cedarbrook St, Lake Placid, FL 33852 2/2 925 SQFT 1988 Build SOLD @ $247,000 6/12/26 (Smaller by over 650 sqft/2-car garage/basic updates)
• Comp 4: 1535 Meadowbrook St, Lake Placid, FL 33852 2/2 1278 SQFT 1984 Build SOLD @ $230,000 5/29/26 (Smaller/only 2-beds/1-car garage/some basic updates)
• Comp 5: 1503 Camphor Ave, Lake Placid, FL 33852 2/2 1404 SQFT 1996 Build SOLD @ $261,000 1/8/26 (Smaller/only 2-beds/2-car garage/dated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money