Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $900,000-$950,000
• Estimated Rehab: $80,000-$120,000
• Comparable Rent: $4,000-$4,400
• Construction: Frame
• Occupancy: Call your Agent
• Comp 1: 6170 BUR OAKS LN, NAPLES, FL 34119 - 3/3 1,400 sqft SOLD $1.2 Million APRIL 2022 (1985 build, updated with pool, 2.27 acres)
• Comp 2: 6071 ENGLISH OAKS LANE, NAPLES, FL 34119 - 3/2 1,786 sqft SOLD $819k FEBRUARY 2022 (1985 build, clean semi-updated, with pool, 1.14 acres)
• Comp 3: 5611 ENGLISH OAKS LN, NAPLES, FL 34119 - 2/2 1,350 sqft PENDING $1.10 Million, 1 DOM (1987 build, updated with garage and pool, 3.09 acre lot)
• Comp 4: 6075 ENGLISH OAKS LANE, NAPLES, FL 34119 - 6/7 12,257 sqft PENDING $7.99 Million (2022 build, old home sold for $950k in August 2021 and was torn down for this new build, 2.73 Acre lot)
• Rehab Description: For a flip there are multiple options you could pursue. You could finish the existing renovation to the current home by updating the kitchen, flooring, bedrooms, bathrooms, fixtures, and appliances. Alternatively, you could build a luxury home on the property and yield a potentially more lucrative return. Roof appears to be in good condition with no apparent visual evidence of leaking. Replacing floor units with central air is recommended to increase value. Finish off with fresh paint and landscaping to boost property appeal!
• Features: Highly coveted Oakes Estates of Naples! This 3 bedroom 2 bathroom home features 1,438 living sqft and additional 1,078 sqft on the ground floor boasting over 2,500+ sqft, has a two car carport, enclosed deck, detached shed, and sits on a 1.14 acre lot. Being offered at an incredible price in this neighborhood with nothing available under $800k in Oaks Estates. Don't pass up on these big potential profits!
• Important Details: --> 45 Day Post-Closing Occupancy with $10,000 Escrow Holdback --> NO HOA!
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab