Additional Details

• Important Details: --> 3/2 with an attached 1-car garage! --> Fully updated in 2018! --> Minimal work to be move-in ready!
• Features: New deal in Panama City! This 3 bedroom, 2 bathroom home features 1,4,16 sqft of living space with an attached 1-car garage and screened back porch. Fully remodeled in 2018 and conveniently located minutes from Tyndall AFB, St Andrews State Park, and Mexico Beach!
• Potential ARV: $250,000 - $270,000
• Rehab Description: For a flip or rental, this needs a deep clean, fresh interior paint, minor trim/fixtures updates, and some landscaping. Central HVAC installed in 2019 and has a refrigerant leak - needs repair. Optionally, install drywall in the garage and paint exterior to taste.
• Estimated Rehab: $5,000 - $15,000
• Ideal Investment Strategy: Rental/Resale
• Comparable Rent: $2,200
• Construction: Frame
• Comp 1: 636 Old Hickory St, Panama City, FL 32404 (3/2, 1703 sqft) SOLD $295k in MAY (1976 build, dated, 2-car garage, 0.29 acres)
• Comp 2: 6224 Heather Marie Ln, Panama City, FL 32404 (3/2, 1703 sqft) UNDER CONTRACT $325k (1977 build, partially updated, 2-car garage, 0.33 acres)
• Comp 3: 635 S Gay Ave, Panama City, FL 32404 (3/2, 1302 sqft) SOLD $245k in APRIL, 5 days on market (1958 build, updated, carport, 0.66 acres)
• Comp 4: 6040 Enzor St, Panama City, FL 32404 (3/2, 1556 sqft) UNDER CONTRACT $242k, 2 days on market (1974 build, updated, no garage or carport, 0.32 acres)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab