Additional Details

• Important Details: --> Vacant at close! --> 2009 Build
• Features: 2009 CBS Single family for under $99,000 in Sumter County?! This 2009 Lake Panasoffkee block home features 915 of living sq ft and sits on a 0.20 acre lot. Being offered vacant at close and with only light cosmetic updates necessary, you are sure to turn a quick profit or will make a great addition to your rental portfolio. Don't miss out on this DUAL-THREAT opportunity!
• Potential ARV: $165,000-$180,000
• Rehab Description: For a flip or rental this is a simple rehab. The property was built in 2009 and only needs light inexpensive cosmetic updates to maximize on the retail market. On the outside start by soft washing the roof and pressure washing the outside of the home. Modernize the interior by updating the flooring, kitchen, baths, and fixtures/trim. Apply interior/exterior fresh paint and deep clean. Finish up with landscaping to boost curb appeal!
• Estimated Rehab: $20,000- $25,000
• Comparable Rent: $1400-$1500/MO
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS
• Comp 1: 2643 County Road 426c, Lake Panasoffkee, FL 33538 3/1 864 SQFT 1962 Build PENDING @ $160,000 (Smaller/older build/dated throughout)
• Comp 2: 1924 County Road 439c, Lake Panasoffkee, FL 33538 2/1 760 SQFT 1961 Build SOLD @ $180,000 08/29/24 (Smaller/older build/updated)
• Comp 3: 2661 County Road 423, Lake Panasoffkee, FL 33538 2/1.5 784 SQFT 1993 Build SOLD @ $139,900 06/14/24 (Mobile home/smaller)
• Comp 4: 1363 County Road 437, Lake Panasoffkee, FL 33538 3/1 1008 SQFT 1996 Build SOLD @ $208,000 05/03/24 (Has a one car garage/some updates)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab