Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $500,000-$520,000
• Estimated Rehab: $65,000-$80,000
• Comparable Rent: $2,900-$3,100
• Construction: Frame
• Occupancy: Call your Agent
• Comp 1: 3000 BROWNING ST, SARASOTA, FL 34237 - 3/2 1,387 sqft SOLD $520k JUNE 2022 (1958 frame build, updated with carport and no pool)
• Comp 2: 3135 HATTON ST, SARASOTA, FL 34237 - 3/2 1,380 sqft SOLD $583k MAY 2022, 6 DOM (1957 frame build, updated with carport, no pool and oversold $83k above list price)
• Comp 3: 3220 WOOD ST, SARASOTA, FL 34237 - 3/2 1,154 sqft SOLD $495k MAY 2022, 2 DOM (1973 build, basic finishes, one car garage and no pool, oversold $45k above list price)
• Comp 4: 3536 GARDENIA ST, SARASOTA, FL 34237 - 3/2 1,176 sqft SOLD $525k MAY 2022 (1969 build, carport and no pool)
• Rehab Description: For a flip or rental this needs a full renovation to the kitchen, bathrooms, flooring, fixtures, soffit/facia, siding and appliances. The roof needs to be replaced/completed as it has been poured, but there is no shingles on it. Central A/C was stated to be replaced in 2013 and appeared to be in good condition. Apply fresh paint, deep clean, and do some nice landscaping in the front and back to increase home appeal!
• Features: Sweat equity deal in Sarasota! This 3 bedroom, 2 bathroom home features 1,436 sqft of living area, has an attached 1 car garage, sun room, fencing in the back yard, and sits on a .23 acre lot. Being offered at an attractive price for excellent upside potential with great sweat equity and profits to be had! Don't miss out on this property in highly desirable Bellevue Terrace, very close to the heart of Downtown Sarasota!
• Important Details: --> 30 Day Post-Closing Occupancy with $10,000 Escrow Holdback
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab