Additional Details

• Features:: Easy project to turn a quick profit in Starke, FL! This 2002 3-bedroom 2-bath house with an attached 1/1 apartment in rear part of the home features 1849 sq ft, a detached shed, and a large fenced in yard. Being offered with instant equity and plenty upside as a flip. Within minutes of town, shops, and restaurants. 30 minutes away from Gainesville and 40 from Jacksonville. Don't miss out on this opportunity!
• Potential ARV:: $220,000-$240,000
• Rehab Description:: For a rental, this property will need a deep cleaning, interior/exterior paint, landscaping, and some fixtures to plug a renter in. For a flip, this property will need cosmetic updates. The main roof, kitchen, flooring, and bathroom should all be updated. The roof in the addition was replaced 6 years ago. The AC is in working order, but may need to be serviced or replaced due to age. It is recommended to convert this into a conforming 4/3 to maximize on the resell value!t.
• Estimated Rehab:: $30,000-$40,000
• Ideal Investment Strategy:: Rental/Flip
• Construction:: FR
• Comp 1:: 734 N N WALNUT ST Street, Starke, FL 32091 2/1 944 SQFT 1956 Build PENDING @ $184,000 (6 days on the market) (Half the size/ clean with some updates)
• Comp 2:: 513 E Adkins Street, Starke, FL 32091 2/1 998 SQFT 1942 Build PENDING @ $194,500 (15 days on the market) (Half the size/ clean but dated)
• Comp 3:: 825 N THOMPSON, STARKE, FL 32091 3/1.5 1152 SQFT 1988 Build SOLD @ $220,000 10/30/2023 (2 days on the market) (Smaller/clean with some updates)
• Comp 4:: 926 Woodlawn St.Starke, FL 32091 3/2 1424 SQFT 1979 Build SOLD @ $299,000 10/13/23 (Smaller/diff style home/updated)
• Important Details:: --> 21 day $10,000 escrow holdback --> 2002 Build
• Hard Money:: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab