Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $740,000-$780,000
• Estimated Rehab: $125,000-$150,000
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 531 Birdsong Pl, Sanibel, FL 33957 - 3/2 1,247 sqft SOLD $755,000 on 09/08/2022 (1975 build, updated finishes just prior to the hurricane, same neighborhood, one story, no pool, not on the water, and .13 acre lot)
• Comp 2: 1806 Ibis Ln, Sanibel, FL 33957 - 3/2 1,468 sqft INVESTOR SALE $460,000 on 12/26/2022 (1971 build, hurricane damage --> remodeled and listed on 07/15/2023 for $895,000, one story, no pool, 1 car garage and .26 acre lot
• Comp 3: 1153 Shell Basket Ln, Sanibel, FL 33957 - 3/2 1,216 sqft SOLD AS-IS $550,000 on 02/09/2023 (1953 build, hurricane damaged/gutted, one story, no pool, not on the water, and .29 acre lot)
• Comp 4: 1129 Sabal St, Sanibel, FL 33957 - 2/2 1,424 sqft SOLD $625,000 on 12/28/2022 (1958 build, hurricane damaged/gutted, one story, no pool, not on the water, and .34 acre lot)
• Comp 5: 214 Hurricane Ln, Sanibel, FL 33957 - 3/2 1,412 sqft SOLD $625,000 on 02/16/2023 (1976 build, hurricane damaged/gutted, two car garage, one story, no pool, not on the water, and .29 acre lot.)
• Rehab Description: For a flip or rental this needs a complete renovation to the interior and exterior of the property. Flooding from Ian occurred and the interior has been mitigated. Roof, kitchen, bathrooms, walls, flooring, fixtures, appliances, and electrical either need to be repaired or replaced. Home has been mitigated. Central A/C unit compressor appears to be new visual condition but may need to be serviced and installed for central HVAC. Complete the rehab and remodel and make this property turnkey!
• Features: PRIME Location on Sanibel Island!!! This three bedroom, two bathroom concrete block home features 1,365 living sqft, a lanai that has an additional 180 sqft and another utility room with 174 sqft, backyard fencing, and sits on a .13 acre lot. You can't find anything available at this price point for this highly desirable location! This is an instant equity winner with the opportunity to make this property shine that will sure to attract buyers while capturing the high upside profit potential!
• Important Details: --> Vacant at close!
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab