221 NW 34th St, Fort Lauderdale, FL 33309
SOLD! $369,990 - Single Family
Additional Details
- Contact:: Benjamin Valdez 954-807-9140 bvaldez@propertyforce.com
- Features: A STELLAR opportunity to buy a great deal in LLOYD ESTATES,OAKLAND PARK. This three bedroom, two bathroom features 1628 living sqft, has an attached one car garage, a wraparound driveway, and a large fenced in backyard. Being offered with instant equity and has excellent upside potential as a flip! Centrally located minutes to Fort Lauderdale Beach, I-95, and all of downtown Fort Lauderdale has to offer. Don't miss out on the opportunity to enter this market at a nearly impossible-to-find price!
- Rehab Description: For a flip or rental, this needs cosmetic updates. Modernize the interior by updating the flooring, kitchen, baths, and fixtures/trim. Apply interior/exterior fresh paint and deep clean. Roof is from 2013 and appears to be in great condition. The Central AC was recently replaced in 2022. Finish up with landscaping to boost curb appeal!
- Potential ARV: $525,000-$550,000
- Estimated Rehab: $40,000-$50,000
- Construction: CBS
- Comparable Rent: $5000/month
- Ideal Investment Strategy: Rental/Resale
- Important Details: -->Under lease until 05/31/2022 @ ($2000 a month) -->Tax assessed $335,590
- Comp 1: 602 NE 34th Ct, Oakland Park, FL 33334 3/2 1460 SQFT 1978 BUILD SOLD @ 600,000 January 2023 (4 days on the market) (200 Sqft smaller. Clean with some updates)
- Comp 2: 3600 Lloyd Dr, Oakland Park, FL 33309 3/2 1510 SQFT 1960 BUILD SOLD @ $540,000 December 2022 (Almost 200 SQFT smaller. Some updates throughout)
- Comp 3: 221 NW 36th St, Oakland Park, FL 33309 3/2 1172 SQFT 1959 BUILD SOLD @ $500,000 on December 2022 (OVER 500 Sqft smaller. 2/1 on tax roll. Basic updates throughout)
- Comp 4: 331 NW 38th St, Oakland Park, FL 33309 2/1 1040 SQFT 1963 BUILD PENDING @$430,000 (600 sqft smaller. This home is completely outdated)
- Comp 5: 702 NE 35th St, Oakland Park, FL 33334 3/2 1380 SQFT 1971 BUILD PENDING @$499,999 (2/1 on tax roll. 300 SQFT smaller in as-is condition)
- Occupancy: Call your Agent
- Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab