Additional Details

• Important Details: --> Vacant at close --> HOA IS $600/MO 55+ community
• Features: Fix and flip opportunity under $70,000?! This 3-bedroom, 2-bathroom condo features 1250 of living sq ft and is the largest unit of this 55+ community. Being offered VACANT at close and at attractive price. Conveniently located close to charlotte harbor, shops, and parks. Act fast on this opportunity!
• Potential ARV: $140,000-$150,000
• Rehab Description: This property will need interior updates with basic finishes. On the inside replace the flooring, kitchen, bathrooms, and fixtures/trim. Apply interior fresh paint and deep clean.
• Ideal Investment Strategy: Resale
• Comp 1: 22375 EDGEWATER DR, #229, PUNTA GORDA, FL 33980 2/1 959 SQFT 1974 Build SOLD @ $122,000 05/14/25 (Smaller/less bedrooms/bath/updated)
• Comp 2: 22375 EDGEWATER DR, #254, PUNTA GORDA, FL 33980 2/1 959 SQFT 1974 Build SOLD @ $110,999 04/18/25 (Smaller/less bedrooms/bath/Clean but dated)
• Comp 3: 22375 EDGEWATER DR, #212, PUNTA GORDA, FL 33980 2/2 1040 SQFT 1974 Build SOLD @ $115,000 12/06/24 (Smaller/less bedrooms/bath/Clean but dated)
• Comp 4: 22375 EDGEWATER DR, #140, PORT CHARLOTTE, FL 33980 2/2 987 SQFT 1984 Build SOLD @ $150,000 07/21/24 (Smaller/less bedrooms/updated with basic finishes)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab