Additional Details

• Important Details: --> Vacant at close --> Waterfront/Canal Access --> Boat Lift --> 2023 Roof
• Features: PRIME Location WATERFRONT canal POOL home in Punta Gorda!!!! This 2-bedroom, 2-batroom concrete block home features 1798 living sqft, an attached oversized two car garage, an inground pool, a boat lift, and sits waterfront on the canal. You can't find anything available at this price point for this highly desirable location on the canal near Alligator Creek to Charlotte Harbor and the Gulf of Mexico! This is an instant equity winner with the opportunity to make this property shine that will sure to attract buyers while capturing the high upside profit potential!
• Potential ARV: $540,000-$560,000
• Rehab Description: For a flip or rental this needs a complete renovation to the interior of the property. Flooding from Helene occurred and the interior has been mitigated. The roof was replaced in 2023 and in great condition. Kitchen, bathrooms, walls, flooring, fixtures, and appliances need to be replaced. The AC unit is less than 10 years old, appears to be in good condition, but may need to be serviced or replaced. Complete the rehab and remodel and make this property turnkey!
• Estimated Rehab: $80,000-$90,000
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS
• Comp 1: 710 Coral Dr, Punta Gorda, FL 33950 2/2 1566 SQFT 2006 BUILD PENDING @ $399,000 (MANUFACTURED HOME)
• Comp 2: 69 Ocean Dr, Punta Gorda, FL 33950 3/2 1989 SQFT 1979 Build SOLD @ $675,000 10/16/24 (Slightly bigger/some updates)
• Comp 3: 425 Caicos Dr, Punta Gorda, FL 33950 3/2 1780 SQFT 1983 Build SOLD @ $ 655,000 09/14/24 (Clean/updated)
• Comp 4: 3024 Magnolia Way, Punta Gorda, FL 33950 3/2 1930 SQFT 1989 Build SOLD @ $$520,000 09/04/24 (Slightly bigger/dated)
• Comp 5: 2127 Wyatt Cir, Punta Gorda, FL 33950 3/2 1477 sqft 1983 Build SOLD @ $500,000 07/16/24 (Smaller by over 300sqft/sold as-is)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab