Additional Details

• Features: LAKEFRONT property in LUTZ?! This six bedroom, two bathroom is boasting 3646 living sqft, and attached two car garage, and sitting lakefront on almost an acre lot. Being offered with instant equity, VACANT AT CLOSE, and has excellent upside potential as a flip! Convenient Lutz location with A+ rated schools, parks, shopping, major highways and entertainment nearby. Don't miss out on the opportunity to enter this market at a nearly impossible-to-find price.
• Potential ARV: $700,000-$750,000
• Rehab Description: For a flip, this property will require a complete interior facelift. I recommend reverting to a 5/3 layout. Fully remodel the kitchen, bathrooms, and flooring throughout. The roof was replaced in 2012 and appears to be in good condition. Both AC units are older, but still in good working order. Update lighting and fixtures, then finish with a fresh coat of paint in and out. Finish up with landscaping to boost curb appeal!
• Estimated Rehab: $100,000-$120,000
• Ideal Investment Strategy: Rental/Resale
• Construction: CBS/FR
• Occupancy: VACANT AT CLOSE!
• Comp 1: 705 Crystal Lake Rd. 3/3 2753 SQFT 1948 Build PENDING @ $ 1,150,000 (Smaller, fully updated with nice finishes, smaller lot)
• Comp 2: 19719 Deer Lake Rd, Lutz, FL 33548 5/4 3038 SQFT 1985 Build SOLD @ $770,000 10/19/23 (35k above ask) (Slightly smaller/updated)
• Comp 3: 1004 Ballinger Rd, Lutz, FL 33548 5/4 3395 SQFT 1981 Build SOLD @ $ 1,200,000 10/16/23 (Smaller sqft/ smaller lot/updated/superior property)
• Comp 4: 19102 Tracy Ct, Lutz, FL 33548 4/3 3176 SQFT 1977 Build SOLD @ $615,000 07/20/23 (Smaller/dated/similar curb appeal/not on the lake)
• Comp 5: 816 W Lutz Lake Fern Rd, Lutz, FL 33548 3/3 2824 SQFT 1981 Build SOLD @ $755,000 5/23/23 (Smaller/Some updates/similar curb appeal)
• Important Details: --> VACANT AT CLOSE! --> Lakefront property! --> 0.93 acre lot --> NO HOA