Additional Details

• Important Details: --> Vacant at close --> Home was flooded --> 8 year old roof
• Features: PRIME Location WATERFRONT canal home in Englewood, FL! This 2-bedroom, 2-batroom home features 1080 living sqft, an additional 168 sqft enclosed porch, an attached two car garage, water frontage with a seawall, and sits on a oversized lot. You can't find anything available at this price point for this highly desirable location on the canal near Lemon bay with direct access to 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! Act Fast!
• Potential ARV: $300,000-$320,000
• Rehab Description: For a flip or rental this needs a complete renovation to the interior of the property. Flooding from Milton occurred and the interior needs to be mitigated. The roof is 8 years old, and appears to be in great condition! Kitchen, bathrooms, walls, flooring, fixtures, and appliances, need to be replaced. Complete the rehab and remodel and make this property turnkey! It is recommended to convert the enclosed porch to a third bedroom. This will also give you an extra 168 sqft of living space.
• Estimated Rehab: $65,000-$75,000
• Ideal Investment Strategy: Resale/Rental
• Construction: FR
• Comp 1: 27 LAKEVIEW LN, ENGLEWOOD, FL 34223 2/2 1037 SQFT 1957 Build SOLD @ $288,000 09/24/24 (Not on the water/clean with some updates)
• Comp 2: 102 E WENTWORTH ST, ENGLEWOOD, FL 34223 2/1 940 SQFT 1962 Build SOLD @ $285,000 11/21/24 (Not on the water/smaller with only one bathroom/clean but dated)
• Comp 3: 1210 Maryknoll Rd S, Englewood, FL 34223 2/1 1063 SQFT 1962 Build SOLD @ $385,000 08/08/24 (On the water/only one bathroom/clean)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab