3495 48th Ave NE, Naples, FL 34120
SOLD! $420,990 - Single Family
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $560,000-$580,000
- Estimated Rehab: $30,000-$40,000
- Comparable Rent: $3,300
- Construction: CBS
- Occupancy: Call your Agent
- Comp 1: 521 16TH ST NE, NAPLES, FL 34120 - 3/2 1,432 sqft SOLD $590k JANUARY 2022, 5 DOM (1999 build pool home clean updates and oversold $40k above list price)
- Comp 2: 220 18TH NW, NAPLES, FL 34120 - 3/2 1,709 sqft SOLD $550k FEBRUARY 2022, 4 DOM (2006 build very basic updates, no pool, and has detached garage)
- Comp 3: 2990 16TH AVE NE, NAPLES, FL 34120 - 3/2 1,721 sqft SOLD $539k FEBRUARY 2022, 8 DOM (2001 build, clean basic finishes, no pool)
- Comp 4: 3986 31ST AVE NE, NAPLES, FL 34120 - 3/2 1,444 sqft SOLD $555k MARCH 2022, 3 DOM (2003 build, updated pool home)
- Rehab Description: For a flip this needs some cosmetic updates. Some of the renovations have already been done, but needs to be finished. Modernize and complete the fixtures, trim work, parts of the flooring and update the bathrooms. Kitchen has excellent appeal. Exterior shed needs to be taken down. Roof is in newer condition with no apparent visual evidence of leaking. Central air is in good working order as well. Finish off with a thorough cleaning, exterior power wash, clean up the pool area and fresh interior/exterior paint to boost curb appeal!
- Features: Incredible opportunity for a pool home in highly desired Golden Gates Estates! This 3 bedroom, 2 bathroom concrete block home in Naples features 1,493 living sqft, has an attached two-car garage, a newer roof from 2018, screened back patio with an in ground pool, and sits on a huge 1.59 acre lot. Being offered already partially renovated with huge upside potential in one of the most sought after neighborhoods in Naples. This is a great deal!
- Important Details: --> 60 Days Post-Closing Occupancy with $30,000 Escrow Holdback
- Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab