Additional Details

• Ideal Investment Strategy: Resale
• Potential ARV: $545,000/$550,000
• Estimated Rehab: $30,000/$35,000
• Comparable Rent: $2,500
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 112 4th Lane (3/2, 1181 sq ft) -- SOLD February 2022 @ $895,000 (Updated, on the water w/ ocean access)
• Comp 2: 817 Madrid Rd (2/2, 1161 sq ft) -- SOLD October 2021 @ $545,000 (Outdated)
• Comp 3: 466 Lime Dr - 2/1 - 800 sq ft - Updated - Frame - December 2021 - Sold @ $535,000
• Comp 4: 239 Lignumvitae Dr (3/2, 1060 sq ft) -- SOLD August 2021 @ $525,000
• Rehab Description: This property requires a full cosmetic face lift. Remodel the kitchen, remodel the bathroom, replace the floors, and apply fresh paint.
• Features: AMAZING DEAL in Key Largo under $430,000!!! This CBS property is a dual threat opportunity. You can either flip this home for a hefty profit or hold on to it as a long or short term rental. NO HOA or rental restrictions. The roof is in great condition making it an easy project for any investor. Located east of Overseas Hwy near Key Largo Kampground / Marina and El Radabob Key.
• Important Details: Rented MTM @ $1200.00 - Cheapest Active property within 1/2 mile is listed for $659,000
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab