Additional Details

• Features: One of a kind opportunity buy a great deal in desired community THE WOODLANDS in TAMARAC! This 2 bedroom, 2 bathroom is boasting 1803 living sqft, has an attached one car garage, in ground large swimming pool, spa, and fenced-in patio. Being offered with instant equity and has excellent upside potential as a flip! Amazing located in the heart of Tamarac! Within minutes away from the FL turnpike, restaurants, and shopping centers. Don't miss out the possibility to enter the market at a unbelievable price where there aren't any pool homes listed under $680,000!!!
• Potential ARV: $590,000 - $600,000
• Rehab Description: For a flip or rental, this needs cosmetic updates to the kitchen, bathrooms, flooring, and trim/fixtures. The roof needs to be replaced. The Central AC is in good working order. The pool area needs to be power washed and deep cleaned. Apply fresh interior/exterior paint, and do some landscaping to boost curb appeal! The current layout allows you to easily add a 3rd bedroom, which allows you to maximize on full market potential.
• Estimated Rehab: $65,000 - $75,000
• Comparable Rent: $4200-$4500
• Ideal Investment Strategy: Rental/Resale
• Construction: CBS
• Comp 1: 5737 Bayberry Ln, Tamarac, FL 33319 2/2 2054 SQFT 1973 Build SOLD @ $599,000 03/27/23 (Slightly bigger pool home, clean, not fully updated, and lake view)
• Comp 2: 5706 S Travelers Palm Ln, Tamarac, FL 33319 3/2 - 2075 SQFT 1971 Build SOLD @ $599,990 05/09/23 (Slightly bigger pool home, neighbor, and minimal updates)
• Comp 3: 6206 White Oak Ln, Fort Lauderdale, FL 33319 4/3 2225 SQFT 1974 Build SOLD @$640,000 05/15/23 (3 days on the market) (Slightly bigger, flipped property that investor bought for $465K) (Updates were basic and low end)
• Occupancy: Call your Agent
• Important Details: --> Pool home! --> 30 day post closing occupancy! --> Tax assessed market value @ $438,560! --> HOA $117/MO (Covers common areas and amenities)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab