Additional Details

• Important Details: --> Rented $900/MO - Month to month
• Features: Dual-threat opportunity in Volusia County!? This 2-bedroom, 1-bathroom features 900 sqft of living space and is located in the heart of New Smyrna Beach's historic westside district. Being offered with a tenant in place, with instant equity to add to your rental portfolio.
• Potential ARV: $175,000-$190,000
• Rehab Description: For a rental, keep the current tenant in place. To maximize on rent, or for resale this is an easy rehab. On the outside, the roof appears to be in good condition, but may need replacing due to age. The AC unit is in working order. 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!
• Estimated Rehab: $35,000-$45,000
• Comparable Rent: $1200-$1500/MO
• Ideal Investment Strategy: Rental/Resale
• Construction: Frame
• Comp 1: 335 N Myrtle Ave, New Smyrna Beach, FL 32168 3/2 888 SQFT 1924 Build PENDING @ $199,000 (Fully updated/extra bathroom)
• Comp 2: 617 Dora St, New Smyrna Beach, FL 32168 3/1 936 SQFT 1925 Build SOLD @ $210,000 07/11/24 (Updated)
• Comp 3: 705 Cheston St, New Smyrna Beach, FL 32168 3/1 1237 SQFT 1958 Build SOLD @ $200,000 06/03/24 (Bigger/Dated)
• Comp 4: 212 S Myrtle Ave, New Smyrna Beach, FL 32168 3/1 991 SQFT 1925 Build SOLD @ $ 150,000 04/16/24 (Sold distressed/needs full rehab)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab