412 Bay Street NW, Fort Meade, Florida, 33841
SOLD! $119,990 - Duplex
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $185,000-$200,000
- Estimated Rehab: $15,000-$25,000
- Comparable Rent: $1,800-$1,900
- Construction: Frame with Stucco
- Important Details: --> Market Rent Approximately $1,850 --> A-side rented month-to-month at $600 --> B-side rented month-to-month at $750
- Comp 1: 14 1st St SW, Fort Meade, FL 33841 -- 2/1/750 sq ft -- LEASED $950/mo APR 2022 -- (Clean/Dated)
- Comp 2: 723 Wanamaker Ave, Fort Meade, FL 33841 -- 1/1 -- Active Rental Listing - $975/mo -- (Clean/Dated)
- Features: ANOTHER CASH COW DUPLEX IN POLK CTY! This 4 bedroom, 2 bathroom duplex sits on a 8,381 sq ft lot in a quiet residential pocket of Fort Meade, FL! The property features well-performing tenants paying a collective $1,350, vacant lots next door, market ready finishes on B-side, and a metal roof!
- Rehab Description: For a rental, light cosmetic updates are recommended on A-side. B-side appears to already be in market-ready condition. The metal roof appears to be in fair shape and the window units are reportedly blowing cold. Finish with a fresh coat of paint in and out.
- Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab