5071, Belmont Park Lane, Mulberry, 33860
SOLD! $189,000
Additional Details
- Important Details: --> Vacant at close --> CBS --> One car Garage --> Flood Zone X (no flood zone insurance required)
- Features: This 3/2 CBS home, built in 2012 with 1,450 SQFT, is a textbook flip opportunity priced to compete against older, dated properties in the area. Vacant at close and fully fenced with a one-car garage, the property sits in Flood Zone X (no flood insurance required), adding extra peace of mind for buyers and investors. With its modern construction, you won’t have to worry about costly updates to electrical or plumbing systems, minimizing risk. A full rehab will maximize resale potential and position this home as a standout compared to inferior comps on the market.
- Potential ARV: $290,000-$300,000
- Rehab Description: For a flip or rental, this property will require a full rehab. On the outside, replace the roof and the AC unit. Modernize the interior by updating the flooring, kitchen, baths, and fixtures/trim. Apply interior/exterior fresh paint and deep clean. Finish up with landscaping to boost curb appeal!
- Comparable Rent: $1950-$2050/MO
- Ideal Investment Strategy: Resale/Rental
- Construction: CBS
- Comp 1: 4132 FESTIVAL POINTE BLVD, MULBERRY, FL 33860 3/2 1275 SQFT 2009 Build PENDING @ $285,000 (Smaller/dated with some updates/2-car garage)
- Comp 2: 3085 GRAND PRESERVE BLVD, MULBERRY, FL 33860 3/2 1488 SQFT 2015 Build PENDING @ $299,900 (Some updates/2-car garage)
- Comp 3: 3109 GRAND PRESERVE BLVD, MULBERRY, FL 33860 3/2 1192 SQFT 2015 Build SOLD @ $280,000 08/19/25 (Smaller by over 250 sqft/dated)
- Comp 4: 5390 MISTY LAKE DR, MULBERRY, FL 33860 2/2 1438 SQFT 1979 Build SOLD @ $290,000 3/31/25 (79 Build/dated/2-car garage)
- Comp 5: 3080 CROSS FOX DR, MULBERRY, FL 33860 2/2 1315 SQFT 1979 BUILD SOLD @ $295,000 9/9/25 (Smaller/79 Build/2-car garage/updated)
- : 5005 MISTY LAKE DR, MULBERRY, FL 33860 3/2 1456 SQFT 1978 Build SOLD @ $310,000 6/2/25 (78 Build/2-car garage/updated)
- Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money
