Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $150,000-$250,000
• Estimated Rehab: $25,000-$75,000
• Comparable Rent: $1,000
• Construction: FRAME
• Occupancy: Tenant Occupied/Month to Month
• Comp 1: 1305 Palm Blvd - 2/1 with 726 sq/ft - Fully Updated - Sold 09/2021 $242k!
• Comp 2: 204 13th St - 1/1 with 660 sq/ft - Fully Updated - Sold 02/2022 $216k!
• Comp 3: 512 6th St 2/1 with 907 sq/ft - Minor Updates - Sold 07/2021 $215k!
• Comp 4: 436 Duval St - 2/1 with 983 sq/ft - Sold 07/2021 $152k!
• Comp 5: 215 10th St - 3/1 with 847 sq/ft - Gutted - Sold 09/2021 $139k!
• Rehab Description: 2 Options when it comes to resale strategy: Option 1: This property will need a full restoration to achieve maximum resale value. Adding on and making a two bedroom would be ideal for the market area. Option 2: Do cosmetic updates and list as-is.
• Features: Located in the heart of the Gulf, in Port Saint Joe, this property is just steps away from the ocean! The cheapest active available in the area is listed at $260k on our street alone, this property is heavily discounted in a market that is just as active as any other in Florida!
• Hard Money: Pre-Approved by OPS Loans for up to 50% LTV – See OPS Loans Tab