Additional Details

• Important Details: --> Vacant at close!
• Features: Dual-threat opportunity in Sarasota under $100,000?! This 2-bedroom, 1-bathroom home sits on a large lot in a desirable neighborhood in Sarasota! Being offered VACANT AT CLOSE, with instant equity to add to your rental portfolio or plenty of upside as a flip. This home is conveniently located close to downtown, parks, shopping, airports and beaches. Don't miss out!
• Potential ARV: $200,000 - $220,000
• Rehab Description: For a flip or rental, this property will require a full rehab.
• Estimated Rehab: $55,000-$65,000
• Comparable Rent: $1500-$1700/Mo
• Ideal Investment Strategy: Resale/Rental
• Construction: FR
• Comp 1: 1770 24th St, Sarasota, FL 34234 3/1 832 SQFT 1958 Build PENDING @ $249,000 (Slightly bigger/updated)
• Comp 2: 1817 Edgewater Dr, Sarasota, FL 34234 2/1 648 Sqft 1950 Build SOLD @ $280,000 07/31/24 (Clean with some updates)
• Comp 3: 3037 West Pl, Sarasota, FL 34234 5,575 Sqft lot SOLD @ $125,000 07/31/24 (smaller lot sale)
• Comp 4: 2957 Maple Ave, Sarasota, FL 34234 3/1 864 Sqft 1960 Build SOLD @ $155,000 07/21/24 (Sold as-is/investor sale)
• Comp 5: 2835 Leon Ave, Sarasota, FL 34234 2/1 720 Sqft 1958 Build SOLD @ $220,000 12/04/2023 (Slightly bigger)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab