Additional Details

• Important Details: --> VACANT AT CLOSING! --> 0.93 acres
• Features: Incredible Investment Opportunity! This 3 bedroom, 2 bathroom mobile home features 1,344 sqft of living space with a rear deck and detached shed. Sits on 0.93 acres of land! With a complete renovation, this property holds incredible investment potential. If you have the vision to transform this fixer-upper, then this is the perfect opportunity for you. Take advantage of the affordable price to get into a market just outside of Flagler Beach!
• Potential ARV: $170,000 - $190,000
• Rehab Description: For a flip or a rental, this needs a full renovation. Start with a trash out of all the debris on the property and inside the mobile home. Replace the roof, ceiling, flooring, kitchen, baths, and trim/fixtures throughout. Central HVAC is old will need to be replaced. Electrical and plumbing need attention. Apply fresh interior paint. Pressure wash the exterior and repair/replace some exterior siding. Finish up with landscaping to boost curb appeal! Optionally, remove the mobile home and install a new one to achieve an ARV in the low $200's!
• Estimated Rehab: $45,000 - $60,000
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $900
• Construction: Mobile Home
• Comp 1: 2597 LANCEWOOD ST, BUNNELL, FL 32110 2/1, 840 sq ft SOLD $167k in APRIL 2023 (1989 build, smaller unit, partially updated)
• Comp 2: 3073 PINE ST, BUNNELL, FL 32110 3/2, 1248 sq ft SOLD $220k in MARCH 2023 (Shows potential of a fully updated/newer mobile, 0.93 acres)
• Comp 3: 4221 Fruitwood Ave, Bunnell, FL 32110 3/2, 1152 sqft SOLD $210k in JUNE 2023 (1996 build, renovated, 1.13 acres)