Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $380,000 - $400,000
• Estimated Rehab: $35,000 - $45,000
• Comparable Rent: $2,000
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 63 Seacrest Dr, Ormond Beach, FL 32176 - 2Bd/1Ba w/800 SqFt - Sold $410,000 on 07/05/23 - {Updates}
• Comp 2: 31 River Shore Dr, Ormond Beach, FL 32176 - 2Bd/1Ba w/756 SqFt - Sold $365,000 on 06/30/23 - {Clean/Partial-Updates}
• Comp 3: 36 Poinsettia Dr, Ormond Beach, FL 32176 - 1Bd/1Ba w/775 SqFt - $350,000 - Sold on 05/17/23 - {Clean/Partial-Updates}
• Rehab Description: For a flip, this property requires a full rehab. The kitchen, bathroom, and flooring will need cosmetic renovations. The roof is in working condition but may be replaced to maximize resale. All new doors, fixtures and appliances are needed. New sliders and windows would be a huge boost to resale value. Finish with interior and exterior paint along with landscaping to maximize curb appeal.
• Features: This Beachside living at its finest is a must see! Charming 2 bedroom, 1 bathroom bungalow walking distance to the water, with the beach to the East and the River to the West! Tom Renick Beach Park, restaurants & grocery all within walking distance! Don't miss out on this wonderful opportunity to own a piece of paradise in Ormond by the Sea!
• Important Details: -> 720 SqFt on Tax Roll Porch Enclosed/Finished w/Window Unit; -> Post-Occupancy w/ Escrow Holdback
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab