Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $630,000-$650,000
• Estimated Rehab: $70,000-$80,000
• Comparable Rent: $3,800-$4,200
• Construction: Frame
• Occupancy: Call your Agent
• Comp 1: 525 15th St SW, Naples, FL 34117 - 5/3 2,857 sqft SOLD $638,000 on 05/30/2023 (1976 build, no pool, outdated/needs remodeling, two car garage, and 2.75 acre lot)
• Comp 2: 660 18th St SE, Naples, FL 34117 - 4/3 2,612 sqft SOLD $635,000 on 04/28/2023 (2001 build, no pool, clean/basic finishes, two car garage, and 2.28 acre lot)
• Comp 3: 311 14th St SE, Naples, FL 34117 - 3/2 2,070 sqft SOLD $635,000 on 05/12/2023 (2006 build, no pool, semi-updated/clean, two car garage, and 2.73 acre lot)
• Comp 4: 4260 16th Ave SE, Naples, FL 34117 - 3/2, 2040 sqft SOLD $615,000 on 05/23/2023 (2002 build, no pool, clean updates, two car garage, and 2.73 acre lot)
• Comp 5: 260 25th St NW, Naples, FL 34120 - 3/2 2,650 sqft SOLD $685,000 on 04/24/2023 (1998 build, no pool, clean/semi-updated, converted garage, and 2.50 acre lot)
• Rental Comp: 241 24th Ave NE, Naples, FL 34120 - 4/3 2,761 sqft LEASED $4,500/mo (2006 build, no pool, remodeled, three car garage, and 2.27 acre lot)
• Rehab Description: For a flip or rental this needs a full cosmetic rehab. Update the kitchen, bathrooms, some of the flooring, fixtures, and appliances. A section of the ceiling needs drywall and remediation. The metal roof appears to be in good condition and the central A/C is in working order. Replace the facia, paint the interior, deep clean throughout, and do some landscaping to boost appeal!
• Features: Golden Gates Estates on ACREAGE!!! This four bedroom, two and a half bathroom southern farm home features spacious living area with 2,508 sqft, includes the second story living, an additional den & rec room, has an attached two car garage and two carport spaces, and sits on a large 2.50 acre lot! Being offered at an amazing price you can't hardly find in this desirable area given the specs and lot size! Act fast!
• Important Details: --> Buyer agrees to assume an post closing occupant leaseback at $2,100/mo through December 31st, 2023.
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab