Additional Details

• Important Details: --> Canal/lakefront lot on a dead-end street --> 0.25-acre lot --> Flood Zone AE
• Features: This 3 bedroom, 2 bathroom mobile home features 1,248 sqft with an attached carport and screened back porch. This property is gently shaded by mature oak trees and backs up to a canal that leads to Halfmoon Lake. Lake Bryant Fish Camp and the Tiki Hut Restaurant are within walking distance and residents may use the Lake Bryant boat ramp.
• Rehab Description: For a flip or rental, this needs a full rehab. Update the kitchen, flooring, bathrooms, and trim/fixtures. Deep clean and apply fresh interior paint throughout. Replace the roof and Central HVAC. Plumbing and electrical may need attention. Pressure wash and paint the exterior and do some landscaping to boost appeal. Optionally, remove the existing mobile home and install a new mobile home.
• Potential ARV: $125,000 - $150,000
• Estimated Rehab: $40,000 - $50,000
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $1,200
• Construction: Mobile Home
• Comp 1: 18850 SE 54th Pl, Ocklawaha, FL 32179 (3/2, 1344 sqft) SOLD $171k in DECEMBER 2022 (1978 build, mobile home, 2-car garage, 0.4 acres)
• Comp 2: 18396 SE 52nd Pl, Ocklawaha, FL 32179 (3/2, 1456 sqft) SOLD $140k in NOVEMBER 2022 (1955 build, mobile home, 0.66 acres)
• Comp 3: 5115 SE 186th Ct, Ocklawaha, FL 32179 (3/2, 1242 sqft) SOLD $130k in JUNE 2022 (2005 build, mobile home, 0.34 acres)
• Comp 4: 18756 SE 50th St, Ocklawaha, FL 32179 SOLD $75k in APRIL (1988 build, mobile home, dated investor sale, 0.29 acres)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab