Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $675,000-$725,000
• Estimated Rehab: $80,000-$100,000
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 2642 YORK RD, SAINT JAMES CITY, FL 33956 - 2/2 1,248 sqft SOLD $770k SEPTEMBER 2022 (2018 Manufactured build, updated, no garage, on the canal, with a pool, and .10 acre lot)
• Comp 2: 3565 RITA LN, SAINT JAMES CITY, FL 33956 - 3/2 1,229 sqft PENDING $599k 6 Days on Market (1986 build, Hurricane Damaged/As-Is, 1 car garage, on the canal, with pool and .15 acre lot)
• Comp 3: 2471 OLEANDER ST, SAINT JAMES CITY, FL 33956 - 2/2 975 sqft SOLD $648k SEPTEMBER 2022 (1951 build villa, semi updated, no garage, on the canal, no pool, and .16 acre lot)
• Comp 4: 2704 SANIBEL BLVD, SAINT JAMES CITY, FL 33956 - 2/2 1,411 sqft Listed in NOVEMBER at $699k (1973 build, updated, 1 car garage, on the water, no pool, similar appeal to subject, and .21 acre lot)
• Comp 5: 3422 SEA HOLLY LN, SAINT JAMES CITY, FL 33956 - 3/2 1,602 sqft SOLD $725k AUGUST 2022 (1983 build, semi-updated/clean, two car garage, on the water, no pool, and .29 acre lot)
• Rehab Description: For a flip this needs a full renovation to the kitchen, bathrooms, drywall repair from water, and fixtures. There was about 2-3 feet of interior water intrusion that occurred during the hurricane. Drywall and mold remediation is needed. Central air may need be serviced. The barrel tile roof is in excellent shape with permits from 2012, but a few tiles may need to be repaired. Landscaping and tree removal is needed. Finish off with fresh paint, deep clean, and complete the revitalization to bring this property back to life!
• Features: Pine Island deal in Saint James City! This Private Waterfront two bedroom, two bathroom concrete block home features 1,499 living sqft, has an attached one car garage, a covered lanai, has direct canal access with a dock & boat lift that were added in 2017, and sits on a desirable .21 acre corner lot at the end of a cul-de-sac. Being offered vacant at close where deals located on the island like this one are rare and have a high profitable upside!
• Important Details: --> VACANT AT CLOSE
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab