Additional Details

• Important Details: --> 2/1 condo --> Leased $1500/mo through 8/31/23 --> HOA $228/mo
• Features: New deal in Niceville! This first-floor 2 bedroom, 1 bathroom, 816 sqft condo is a perfect rental opportunity. Located directly across the street from Northwest Florida State College, this is an amazing location for students! Also conveniently located near Turkey Creek, Twin Oaks sports complex, Highways 20 and 285, and the Mid-Bay Bridge Connector for quick access to Destin! Don't miss out on this one!
• Potential ARV: $155,000 - $170,000
• Rehab Description: For a flip or rental, this property needs minor cosmetic updates. Renovate the kitchen cabinets and countertops to increase appeal. Optionally, update flooring and some trim/fixtures. Deep clean and apply fresh interior paint throughout. HVAC and appliances are newer and in good working condition.
• Estimated Rehab: $2,000 - $12,000
• Comparable Rent: $1,500 - $1,600
• Ideal Investment Strategy: Rental/Resale
• Construction: Frame
• Comp 1: 201 College Blvd E UNIT 16, Niceville, FL 32578 (2/1, 816 sqft) PENDING $167k (same complex, renovated)
• Comp 2: 201 College Blvd E UNIT 58, Niceville, FL 32578 (2/1, 800 sqft) LEASED $1500/mo (same complex, dated)
• Comp 3: 201 College Blvd E UNIT 25, Niceville, FL 32578 (2/1, 812 sqft) LEASED $1500/mo (same complex, dated)
• Comp 4: 201 College Blvd E UNIT 24, Niceville, FL 32578 (1/1, 600 sqft) LEASED $1400/mo (same complex, dated, 1 less bedroom)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab