Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $215,000-$230,000
• Estimated Rehab: $25,000-$40,000
• Comparable Rent: $1,700-1,900
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 1624 PINE VALLEY DR APT 117, FORT MYERS, FL 33907 - 2/2 953 sqft SOLD $215k in SEPTEMBER 2022 (1974 build condo in same community, nice clean finishes)
• Comp 2: 1740 PINE VALLEY DR APT 111, FORT MYERS, FL 33907 - 2/2 1,064 sqft SOLD $220k in JULY 2022 (1971 build condo, same community, basic updates)
• Comp 3: 1660 PINE VALLEY DR APT 105, FORT MYERS, FL 33907 - 2/2 1,138 sqft PENDING @ $215k (1974 build condo, same community, outdated)
• Comp 4: 1624 PINE VALLEY DR APT 105, FORT MYERS, FL 33907 - 2/2 982 sqft Listed in NOVEMBER @ $255k (1974 build condo, same community, remodeled)
• Rehab Description: For a flip or rental this needs a full cosmetic interior update to the kitchen, bathrooms, some parts of the flooring, fixtures and appliances. Exterior is covered by the HOA. Apply fresh paint, deep clean and update the inside appeal with nice finishes to maximize retail value!
• Features: Amazing opportunity in Seven Lakes community featuring a 2 bedroom and 2 bathroom condo with 1,063 living sqft. This end unit has a large primary bedroom with plenty of closet space. Step out of the living room to a beautiful lanai where you can enjoy your morning coffee or watch a sunset. Seven Lakes a 55+ active golf and tennis community with no green or trail fees. Pickle ball, tennis, on site restaurant, wood shop, fitness center, billiards, card rooms, 6 heated pools throughout. 24 hr guarded gate, centrally located to shopping, dining, RSW airport, Ft Myers Beach. Monthly HOA fee includes all amenities. Being offered vacant at close with high upside potential. HOA requires that the purchaser must be 55 or older regardless of occupying the property or not. This is a deal!
• Important Details: --> VACANT AT CLOSING! --> $840/mo HOA fee includes association management, cable, free unlimited golf, pickleball & tennis courts, bocce, community clubhouse, water, laundry, exterior maintenance, grounds, recreation facilities, fitness center, 6 pools, library, sewer, security, and garbage. --> 55+ community - BUYER MUST BE 55+ TO PURCHASE and submit an application for approval --> Buyer agrees to assume remaining items left in the property
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab