Additional Details

• Important Details: --> 3/2 with converted garage --> tenant lease expires before closing!
• Features:
• Potential ARV: $270,000 - $295,000
• Rehab Description: For a flip or rental, this will need cosmetic updates to the kitchen, bathrooms, and flooring. Some exterior siding and windows may need attention. Turn the converted garage space into a bedroom by adding a closet to make a 4th bedroom, keep as a bonus room, or convert back to a 1-car garage. Roof appears to be in good shape with no apparent visible leaks. Plumbing and electrical in good working order. Central HVAC and window unit for the garage conversion are dated but in good working condition. Apply fresh interior paint throughout, pressure wash/paint exterior, and do some landscaping to boost curb appeal.
• Estimated Rehab: $35,000 - $50,000
• Construction: Frame - Brick Veneer
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $1800
• Comp 1: 480 Asa Marie Ct, Mary Esther, FL 32569 (3/2, 1155 sqft) SOLD $319k in JUNE (1992 build, off market sale, 1-car garage)
• Comp 2: 110 Green Dr, Mary Esther, FL 32569 (3/2, 1456 sqft) SOLD $305k in APRIL (1972 build, updated, detached garage)
• Comp 3: 1070 Quail Hollow Dr, Mary Esther, FL 32569 (4/2, 1822 sqft) SOLD $286k in MAY (1986 build, partially updated)
• Comp 4: 1057 Quail Hollow Dr, Mary Esther, FL 32569 (3/2, 1512 sqft) SOLD $316k in SEPTEMBER 2022 (1991 build, partially updated, 1-car garage)