Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $295,000-$315,000
• Estimated Rehab: $35,000-$50,000
• Comparable Rent: $2,200-$2,400
• Construction: Frame
• Occupancy: Call your Agent
• Comp 1: 1409 NE 7TH AVE, CAPE CORAL, FL 33909 (3/2, 1128 sqft) SOLD $290k in AUGUST 2022 (1987 build, frame, partially updated, 0.23 acres, 2-car garage)
• Comp 2: 1402 NE 5TH AVE, CAPE CORAL, FL 33909 (3/2, 1137 sqft) SOLD $321k in OCTOBER 2022 (2005 build, cbs, partially updated, 023 acres, 1-car garage)
• Comp 3: 2124 NW 17TH AVE, CAPE CORAL, FL 33993 (3/2 1258 sqft) SOLD $315k in NOVEMBER 2022 (2003 build, cbs, basic finishes, .23 acres, 2-car garage)
• Comp 4: 1150 NW 7TH AVE, CAPE CORAL, FL 33993 (3/2, 1352 sqft) SOLD $343k in OCTOBER 2022 (1990 build, cbs, dated, 0.23 acres, 2-car garage)
• Comp 5: 2123 NE 1ST PL, CAPE CORAL 33909 (3/2, 1408 sqft) PENDING $315k (17 DOM) (2006 build, cbs, partially renovated, 0.23 acres, 2-car garage)
• Comp 6: 1021 NELSON RD N, CAPE CORAL, FL 33992 (3/2, 1428 sqft) SOLD $350k in JUNE 2022 (2004 build, cbs, renovated, 0.23 acres, 2-car garage)
• Rehab Description: For a flip, this needs cosmetic updates to the kitchen, bathrooms, flooring, and trim/fixtures/appliances. Roof leak was repaired in 2022 but was last replaced in 2002. Central AC is working may need to be updated. Modernize the interior by updating the wood paneling in the bonus room and applying fresh interior paint throughout. Optionally, paint the exterior, repair/replace the fencing, and do some landscaping to boost curb appeal.
• Features: Textbook flip in Cape Coral! This 3 bedroom, 2 bathroom home features 1,165 sqft of living space with a bonus room, screened lanai, and 2-car garage. Being offered vacant at closing in a non-HOA community on a 0.23-acre lot. Conveniently located near Pine Island Rd and Hwy 41 and only a short drive to Matlacha and Pine Island. Don't miss out on this deal that will be ready to renovate at closing!
• Important Details: --> VACANT AT CLOSING!
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab