Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $345,000-$355,000
• Estimated Rehab: $15,000-$25,000
• Comparable Rent: $2,150
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 5373 SAN JUAN DR, SARASOTA, FL 34235 - 3/2 1,496 sqft SOLD $345k, 14 DOM (1972 build, updated)
• Comp 2: 5026 SAN JOSE DR, SARASOTA, FL 34235 - 3/2 1,368 sqft SOLD $365k NOVEMBER 2021, 8 DOM (Partially updated)
• Comp 3: 4082 VELARDE LN, SARASOTA, FL 34235 - 3/2 1,466 sqft SOLD $330K JULY 2021, 1 DOM (1980 build, completely updated and sold over 7 months ago)
• Rehab Description: For a flip, I recommend a minimal cosmetic updates to the kitchen, bathrooms, and fixtures. The floors were just replaced. The roof and A/C appear to be in good condition. It is recommended to maximize value by legalizing the additional bedroom and bathroom to make this a true 3 bed 2 bath. Deep clean the inside/outside, power wash the exterior, and do some landscaping to boost curb appeal!
• Features: Stellar deal in Sarasota! This 1,374 living sqft concrete block home features an additional 110 sqft with the enclosed porch, has an attached 1 car garage, is in very clean, partially updated condition and sits on a large .22 acre lot. Being offered vacant at close and is located in a non deed restricted community! This is an amazing deal!
• Important Details: --> VACANT AT CLOSING! --> 2/1 on Property Appraiser, current layout is a non permitted 3/2. **Buyer agrees to assume the property with liens, violations, and/or permits. Buyer to sign Hold Harmless at closing.**
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab