Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $360,000-$400,000
• Estimated Rehab: $60,000-$80,000
• Comparable Rent: $3,000-3,200
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 2160 HOLIDAY LN, NAPLES, FL 34104 (3/3, 1200 sqft) SOLD $349k in NOVEMBER 2022 (AS-IS SALE, 1963 build, cbs, 1-car garage, same neighborhood)
• Comp 2: 3455 ESTEY AVE, NAPLES, FL 34104 (3/2, 1100 sqft) SOLD $350k in OCTOBER 2022 (1977 build, cbs, no garage or carport)
• Comp 3: 2070 HOLIDAY LN, NAPLES, FL 34104 (2/2 1,433 sqft) PENDING $459k (1965 build, cbs, marketed AS-IS for Lot Value, same neighborhood)
• Comp 4: 2200 ESTEY AVE AVE, NAPLES, FL 34104 (3/2, 1100 sqft) SOLD $430k in AUGUST 2022 (1961 build, cbs, partially updated, carport, same neighborhood)
• Comp 5: 2845 STORTER AVE, NAPLES, FL 34112 (2/2, 936 sqft) PENDING $480k ( 5 DOM, with 80k price increase) (1955 frame build, semi updated)
• Comp 6: 3064 CONNECTICUT AVE, NAPLES, FL 34112 (2/1, 648 sqft) ACTIVE $399k (1956 build, cbs, fully renovated, no central AC)
• Rehab Description: For a flip or rental this needs a full renovation throughout. Rehab the kitchen, bathroom, flooring, trim/fixtures, and appliances. Interior water intrusion warrants mold remediation and drywall replacement. Window units may optionally be upgraded to Central AC. Roof is in good working order with no visible leaks but is dated and may need replacement. Modernize the home by deep cleaning and applying fresh interior/exterior paint. Round out the renovation by doing some landscaping to boost curb appeal. Optionally, tear down the existing structure and build a new construction in this highly valuable neighborhood!
• Features: PRIME Location in Naples! This 2 bedroom, 1 bathroom concrete block home features 850 sqft of living space, an attached carport, and sits on 0.14-acre lot. Being offered vacant at closing in a non-HOA community! Conveniently located off of Hwy 41 near Downtown Naples, Rock Creek, Naples Bay, and minutes from I-75 and the Naples Pier. Don't miss out on this amazing deal with instant equity. You can't find anything available here at this price point, priced below land value! Act fast!
• Important Details: --> VACANT AT CLOSING!
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab