Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $400,000-$420,000
• Estimated Rehab: $35,000-$50,000
• Comparable Rent: $2,900-$3,100
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 2526 Parma St, Sarasota, FL 34231 - 3/2 1,184 sqft SOLD $405k in November 2022, two days on market (1958 build, remodeled, no pool, one car garage, and .18 acre lot)
• Comp 2: 6009 Lords Ave, Sarasota, FL 34231 - 3/2 1,256 sqft PENDING $417k in March 2023 (1954 build, remodeled, no pool, one car garage, and .16 acre lot)
• Comp 3: 3057 Woodpine Cir, Sarasota, FL 34231 - 2/2 1,079 sqft SOLD $435k in November 2022 (1979 build, updated, no pool, two car garage, and .17 acre lot)
• Comp 4: 6319 Nutmeg Ave, Sarasota, FL 34231 - 2/2 1,281 sqft PENDING $420k in March, five days on market (1972 build, clean/basic updates, no pool, one car garage, and .17 acre lot)
• Comp 5: 2603 Fort Worth St, Sarasota, FL 34231 - 2/2 1,255 sqft SOLD $422k in July 2022 (1976 build, clean/basic condition, no pool, no garage, and .17 acre lot)
• Rehab Description: For a flip or rental this needs cosmetic updates to the bathrooms, fixtures, and kitchen cabinets. Flooring is in great condition. Roof has permitted work from 2010 with no apparent visual evidence of leaking but may be approaching the end of its life. Central air is in good working order. Boarded garage wall, some trim, and door frames require attention. Optionally, add in a closet to the den room to make into a third bedroom to maximize value. Finish off with fresh paint, deep clean, pressure wash the exterior, and do some nice landscaping to boost curb appeal!
• Features: GREAT LOCATION in Sarasota! This two bedroom, two bathroom concrete block home features 1,170 living sqft, has an attached two car garage, an additional den room that could be converted into a third bedroom, detached shed, and sits on a .23 acre lot. Being offered at an excellent price with instant equity for a great flip or rental investment located within minutes to Siesta Key. Don't miss out!
• Important Details: --> 40 Day Post-Closing Occupancy with $10,000 Escrow Holdback --> 2022 Tax Assessed at $268,600
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab