Additional Details

• Ideal Investment Strategy: Resale
• Potential ARV: $345,000/$350,000
• Estimated Rehab: $35,000/$45,000
• Comparable Rent: $2,600
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 2316 Wabasso Drive (3/1, 996 sq ft) -- PENDING @ $334,900 (1955 build, Smaller, has only 1 bathroom, totally outdated) Went pending in 4 days!
• Comp 2: 2324 Robin Road (3/1, 936 sq ft) -- SOLD July 2022 @ $330,000 (1954 build, Smaller, Clean, has only 1 bathroom) Sold in 15 days!
• Comp 3: 337 Hemlock Road (4/2, 1274 sq ft) -- SOLD May 2022 @ $390,000 (1952 build, Completely remodeled, bigger lot) Sold in 17 days!
• Comp 4: 437 Pine Rd (3/1, 1146 sq ft) -- SOLD April 2022 @ $330,000 (1952 build, Totally Outdated, has only 1 bathroom) Sold $35,000 over asking in 15 days!
• Rehab Description: This is a full rehab. On the interior, apply fresh paint throughout, replace the floors, remodel the kitchen, remodel the bathrooms, and deep clean. On the exterior, replace the roof, replace the AC, repaint the exterior, and install new landscaping.
• Features: XRARE Flip opportunity in West Palm Beach! This home was built in 1997 and is a conforming 3/2 CBS structure in one of the most affordable communities in the area! Most of the comps were built before 1960 and have only 1 bathroom, making this property a solid investment that will yield tremendous profit once renovated! In the heart of West Palm Beach, just 2 minutes from the intersection of Okeechobee blvd and Military Trail, and 5 minutes from Palm Beach International Airport and I-95!
• Important Details: Built in 1997 (most comps were built before 1960) - M2M Tenants in place @ $1400.00/mo ($1250.00 security deposit)
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab