Additional Details

• Important Details: --> VACANT ON LOCKBOX! --> Roof covered by HOA ($77/mo assessment until loan paid off)
• Features: Stellar deal in Gainesville! This 1 bedroom, 1 bathroom condominium features 548 sqft of living space. Inside, you'll find a canvas awaiting your creative touch. Property is being offered vacant so work can begin immediately. Breathe new life into this condo to start or add to your rental portfolio, or make it a quick flip. Don't miss this one in this price range!
• Potential ARV: $100,000 - $120,000
• Rehab Description: For a flip or rental, this needs cosmetic updates. Modernize the interior by updating the flooring, kitchen, bath, and trim/fixtures. Apply fresh interior paint and address stain on ceiling from previous roof leak. HVAC and plumbing need attention. Roof covered by HOA.
• Estimated Rehab: $15,000 - $25,000
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $1050
• Construction: Frame
• Comp 1: 2490 SW 14th Dr APT 2, Gainesville, FL 32608 (1/1, 548 sq ft) SOLD $93k in JUNE (1979 build, dated, same building)
• Comp 2: 2490 SW 14th Dr, APT 14, Gainesville, FL 32608 (1/1, 600) Active for rent $1,050, 2 days on market (1979 build, same condo development)
• Comp 3: 1700 SW 16th Ct #E28, Gainesville, FL 32608 SOLD $131k in MAY (1987 build, partially updated, Summit House Condos)
• Comp 4: 1700 SW 16th Ct APT B3, Gainesville, FL 32608 (1/1, 574 sqft) SOLD $135k in MAY (1987 build, dated, Summit House Condos)