515 NE Jacaranda Ter, Lee, FL 32059
SOLD! $69,990 - Mobile Home
Additional Details
- Important Details: --> VACANT ON LOCKBOX! --> 3 acres!
- Features: MOBILE HOME ON THREE ACRES! This large 4 bed, 2 bath mobile home features 2,280 sqft of living space with an open floor plan and a wood burning fireplace, on three tranquil acres of land. With a spacious open floor plan, this would make a great family home. . The yard offers plenty of room for gardening or a small farm with trees bordering the lot line for privacy. There are multiple fruit producing trees (apple, fig, lemon, peach, and orange) already on the property. Need storage for your toys? The 24x36 pole barn offers ample space to park your boat or UTVs. Quiet, country living in Madison County!
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $170,000 - $195,000
- Rehab Description: For a flip or rental, this mobile home needs a full update. Replace the flooring throughout and update the kitchens and baths to taste. Apply fresh interior/exterior paint. Ceiling needs repair and the roof should be replaced. HVAC may need to be replaced due to age. Electrical and septic in good working order. Front and rear entries need stairs/entryway built. Exterior siding may need some attention.
- Estimated Rehab: $25,000 - $35,000
- Comparable Rent: $1300
- Construction: Mobile Home
- Comp 1: 291 NE Jasmine Ter, Lee, FL 32059 3/2 1792 sqft SOLD $180k in March (2016 build, mobile home, 3 acres)
- Comp 2: 310 NE Jasmine Ter, Lee, FL 32059 3/2 1539 sqft SOLD 190k in January (1997 build, mobile, 3 acres)
- Comp 3: 287 NE Champion Loop, Lee, FL 32059 3/2 1498 sqft SOLD 175k in July 2022 (1998 build, mobile home, 3.0 acres)