Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $305,000-$325,000
• Estimated Rehab: $45,000-$55,000
• Comparable Rent: $2,400-$2,600
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 1717 32ND ST, SARASOTA, FL 34234 - 3/2 1,409 sqft SOLD $312k OCTOBER 2022 (1930 build, remodeled, no garage, and .12 acre lot)
• Comp 2: 2530 19TH ST, SARASOTA, FL 34234 - 3/2 1,133 sqft SOLD $329k OCTOBER 2022 (1982 build, remodeled, no garage, and .32 acre lot
• Comp 3: 1333 16TH ST, SARASOTA, FL 34236 - 3/2 1,404 sqft SOLD $325k NOVEMBER 2022 (1976 build, INVESTOR CASH AS-IS SALE, clean/basic condition, no garage, and .18 acre lot)
• Comp 4: 3706 OLD BRADENTON RD, SARASOTA, FL 34234 - 3/2 1,393 sqft PENDING $299k in DECEMBER (1951 build, needs work AS-IS, no garage, and .35 acres)
• Rehab Description: For a flip or rental this needs a full renovation to the kitchen, bathrooms, fixtures, and appliances. Roof may need to be replaced. Central air is in working order, but may need to be serviced. Windows are older and may need to be replaced. Apply fresh interior/exterior paint, deep clean, and landscape nicely to boost curb appeal!
• Features: IDEAL Specs and dual threat opportunity in Sarasota! This 4 bedroom, 2 bathroom concrete block home features 1,357 living sqft, has a covered back patio, and sits on a .26 acre lot. Being offered at an attractive price for either an excellent flip or cash flowing rental play! Nothing available with these specs under $200k, so act quickly!
• Important Details: --> Buyer agrees to assume current tenant renting $1,500 on a month to month basis. Estoppel letter to be provided prior to close. Tenant pays utilities --> Tax Roll States 3/2 (Current Layout is a 4/2)
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab