2501 NW 21st St, Fort Lauderdale, FL 33311
SOLD! $214,990 - Single Family
Additional Details
- Important Details: -->VACANT AT CLOSE! -->NO HOA
- Features: TEXTBOOK FLIP in sought out after Ft. Lauderdale! This CBS home is situated in a large lot and being offered VACANT at close for under $220,000. No association fees or rental restrictions! This is a straight forward rehab. Conveniently located within minutes of I-95, shopping centers, restaurants, and downtown FT. Lauderdale. Don't miss out on the opportunity to enter this market at a nearly impossible-to-find price!
- Rehab Description: For a flip, this property will require a complete renovation. On the outside, replace the roof, install central AC to the property, apply fresh paint, and apply landscaping to boost curb appeal. On the interior, repaint throughout, replace the floors, remodel the kitchen, remodel the bathroom, and deep clean.
- Potential ARV: $325,000-$350,000
- Estimated Rehab: $40,000-$60,000
- Ideal Investment Strategy: Rental/Resale
- Construction: CBS
- Comparable Rent: $2300
- Comp 1: 2760 NW 24th St Fort Lauderdale, FL 33311 3/1 1066SQFT 1960 Build PENDING @ $355,000 (12 days on the market) (Similar size/slightly updated)
- Comp 2: 1801 NW 26th Ter, Fort Lauderdale, FL 33311 3/1 1038 SQFT 1961 Build PENDING @$350,000 (3 days on the market) (Similar size/clean/updated)
- Comp 3: 1750 NW 29th Ter, Fort Lauderdale, FL 33311 9/1 951 SQFT 1980 Build PENDING @ $325,000 (9 Days on the market) (Slightly smaller/updated)
- Comp 4: 1801 NW 27th Ave, Fort Lauderdale, FL 33311 3/1 1148 SQFT 1961 Build SOLD @ $300,000 03/02/2023 (Dated condition/off market sale)
- Comp 5: 2211 NW 23rd Lane, Fort Lauderdale, FL 33311 3/1 1184 SQFT 1964 Build SOLD @ $250,000 12/2/22 (14 days on market) (Slightly bigger/investor AS-IS purchase/LLC Purchase)
- Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab
- Occupancy: VACANT AT CLOSE!