Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $250,000-$260,000
• Estimated Rehab: $35,000-$45,000
• Comparable Rent: $1,900
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 3343 Old Dixie Hwy, Mims, FL 32754 -- 3/2/1144 sq ft -- SOLD $195k NOV 2022 -- (Cash Sale/Clean)
• Comp 2: 3540 Irwin Ave, Mims, FL 32754 -- 3/2/1228 sq ft -- SOLD $170k OCT 2022 -- (Fixer Upper, Investor Cash Sale, 25 years older)
• Comp 3: 3204 Old Dixie Hwy, Mims, FL 32754 -- 2/1/882 sq ft -- SOLD $230k SEP 2022 -- (Tiny/Partial-Updates)
• Comp 4: 3371 Kilbee St, Mims, FL 32754 -- 3/2/1104 sqft -- SOLD $289k May 2022 -- (Partial-Updates/7 DOM)
• Rehab Description: For a rental or flip, cosmetic updates are recommended. This area doesn't call for high-end updates, and the extent of the rehab depends on whether you want to flip or rent. Updating the roof, kitchen, flooring, bathrooms, interior/exterior paint, and landscaping is recommended. Converting this property back to a conforming 3/2 is also recommended to maximize and possibly push retail value even higher.
• Features: Located just east of US1 in Mims, Florida, this CONCRETE BLOCK home's best use is to convert back to a 3 bedrooms, 2 bathroom, a carport, and a shed for extra storage. Sitting on a massive lot over 15,000 square feet and offered vacant at closing, you won't want to miss this textbook fix and flip opportunity!
• Important Details: --> Vacant at Close!
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab