Additional Details

• Features: Dual-Threat in Lynn Haven! This 3 bedroom, 1 bathroom home features 902 sqft of living space and sits on an oversized 0.34-acre lot. Conveniently located near North Bay and several local parks. Nearby major roads include Hwy 77 and Hwy 98. Minutes from the beautiful Gulf of Mexico beaches!
• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $200,000-$220,000
• Comparable Rent: $1,200
• Estimated Rehab: $35,000-$40,000
• Rehab Description: For a flip or rental, this needs cosmetic updates to the kitchen, bath, flooring, and trim/fixtures/appliances. Roof may need to be replaced due to age and interior ceiling needs repair in some spots. Central AC is working but may need to be updated. Deep clean, apply fresh interior/exterior paint, and do some landscaping to boost curb appeal!
• Construction: Frame
• Comp 1: 710 NEW YORK AVE, LYNN HAVEN, FL 32444 (2/1, 864 sqft) SOLD $185k in SEPTEMBER 2022 (1952 build, frame, renovated, no carport or garage, 0.26 acres)
• Comp 2: 706 W 10TH ST, LYNN HAVEN, FL 32444 (3/1, 1300 sqft) SOLD $209k in NOVEMBER 2022 (1964 build, cbs, partially updated, carport, 0.21 acres)
• Comp 3: 701 VIRGINIA AVE, LYNN HAVEN, FL 32444 (3/1, 1010 sqft) SOLD $247k in SEPTEMBER 2022 (1961 build, frame, partially updated, 1-car garage, 0.34 acres)
• Comp 4: 4066 WOODRIDGE PL, PANAMA CITY, FL 32405 (2/2, 938 sqft) SOLD $213k in DECEMBER 2022 (1986 build, frame, dated, 1-car garage, 0.14 acres)
• Occupancy: Call your Agent
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab