Additional Details

• Features: Great opportunity to add this concrete-block 4-bedroom, 2-bathroom home with 1428 living sqft to your rental portfolio and as a future flip! Conveniently located only minutes away from Downtown Sarasota and a quick 15 minute drive to gorgeous west-coast beaches. 
• Important Details: Property is currently rented for $2100/month on a month-to-month basis. Buyer must assume tenant. Cash flowing as-is with current rent AND great potential for a future resale
• Potential ARV: $300,000-$320,000
• Rehab Description: NEWER 2022 Roof in great condition, the AC unit is in working order and recently replaced in 2020. COSMETIC updates needed.
• Estimated Rehab: $30,000-$40,000
• Comparable Rent: $2300-$2500/month after cosmetic upgrades
• Ideal Investment Strategy: Rent, Hold, Flip
• Construction: Concrete block
• Comp 1: 2005 Leon Ave, Sarasota, FL 34234: 3 bed/2bath w/carport, 1338 sqft, SOLD for 310k on 2/25/25
• Comp 2: 1377 23rd St, Sarasota, FL 34234: 3 bed/1bath, 1208 sqft, SOLD for 285k on 3/01/25
• Comp 3: 1610 24TH STREET, SARASOTA, Florida 34234: 3 bed/2bath, 1332 sqft, SOLD for 324,900 on 4/03/25
• Hard Money-: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab