312 Palomino Cir, Pensacola, FL 32506
SOLD! $149,990 - Single Family
Additional Details
- Important Details: --> Probate! --> 2023 Assessed at $279k!
- Features: Rare deal in Pensacola! This 4 bedroom, 2.5 bath, 4-sided brick veneer home features 2,473 sqft of living space with an attached 2-car garage and enclosed den/addition. Located in desirable Bridle Trail Estates. Sits on a 0.28-acre cul-de-sac lot in a non-deed-restricted community. Close to Hwy 98 and only a few minutes drive to Downtown, Pensacola NAS, or the beautiful white sand beaches of the Gulf of Mexico. Being offered vacant at closing, don't miss out on this one!
- Potential ARV: $300,000 - $330,000
- Rehab Description: For a flip or rental, this needs a full cosmetic renovation. Modernize the interior by updating the kitchen, bathrooms, flooring, and trim/fixtures throughout. Replace the roof and central HVAC. Electrical and plumbing in good working order but electrical panel may need attention. Restore the functionality of the 2-car garage and remove/uninstall the covered/screened porch. Apply fresh interior paint throughout, pressure wash exterior and paint garage door/trim, and do some landscaping to boost appeal.
- Ideal Investment Strategy: Rental/Resale
- Estimated Rehab: $70,000 - $85,000
- Comparable Rent: $2,200
- Construction: Frame/4-sided Brick Veneer
- Comp 1: 221 S 69th Ave, Pensacola, FL 32506 3/2.5, 2438 sqft SOLD $337k in AUGUST (1979 build, updated, same neighborhood, 0.31 acres)
- Comp 2: 341 Bunker Hill Dr, Pensacola, FL 32506 4/3, 2396 sqft SOLD $355k in MARCH (1977 build, partially updated, .4 acres)
- Comp 3: 240 S 69th Ave, Pensacola, FL 32506 4/2, 2291 sqft SOLD $305k in APRIL (1982 build, dated interior, 0.29 acres)
- Comp 4: 7300 Mier Henry Rd, Pensacola, FL 32506 3/2, 1850 sqft Contingent $350k (1993 build, smaller, updated, well and septic, 1.2 acres)