1614, 16th Avenue N, Lake Worth Beach, Florida, 33460
Cancelled $249,990
Additional Details
- Important Details: --> NO HOA! --> Corner lot! --> 30 day post occupancy with $10,000 escrow holdback!
- Features: Great flip opportunity in a great area of LAKE WORTH BEACH! This CBS home is situated in a large corner lot and being offered for under $250,000. No association fees or rental restrictions! This is a straight forward rehab. Conveniently located within minutes of downtown, major highways, and the beach. Don't miss out on this opportunity to buy a great deal with plenty of upside!
- Potential ARV:: $380,000-$400,000
- Rehab Description: For a flip or rental, this property will require a full rehab!
- Estimated Rehab: $50,000-$60,000
- Comparable Rent: $2300-$2600/MO
- Ideal Investment Strategy: Flip/Rental
- Construction: CBS
- Comp 1: 1514 13th Ave N, Lake Worth, FL 33460 2/1 812 SQFT 1946 Build SOLD @ $298,000 (Smaller, fully dated, and frame/investor purchase)
- Comp 2: 1520 N D Street Lake Worth Beach, FL 33460 2/1 780 SQFT 1950 Build SOLD @ $362,500 07/31/23 (Smaller/clean/updated)
- Comp 3: 1601 16th Ave N, Lake Worth, FL 33460 2/1 1056 SQFT 1955 Build SOLD @ $407,000 01/19/24 (5 days on the market) (Bigger/fully updated)
- Comp 4: 1222 Crestwood Blvd, Lake Worth, FL 33460 2/1 840 SQFT 1962 Build SOLD @ $309,000 12/08/23 (No garage/dated)
- Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab