Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $260,000-$275,000
• Estimated Rehab: $40,000-$50,000
• Comparable Rent: $1,800-$2,000
• Construction: Frame with Stucco (Conforming)
• Occupancy: Call your Agent
• Comp 1: 7586 Oxwood St, North Port, FL 34287 -- 2/2/912 sq ft -- SOLD $270k AUG 2023 -- (Pending in 2 days! Clean with Attractive Updates, 1-less bedroom, 30% Smaller Lot)
• Comp 2: 6118 Myrtlewood Rd, North Port, FL 34287 -- 2/1/924 sq ft -- SOLD $259k OCT 2023 -- (Pending in 3 days at Full Ask! Clean with Nice Finishes, Less Bed/Bath, 30% Smaller Lot)
• Comp 3: 5903 Mayberry Ave, North Port, FL 34287 -- 2/1/900 sq ft -- SOLD $246k JUN 2023 -- (Pending in 1 day for $6k over Ask! Clean with Updates, Less Bed/Bath)
• Comp 4: 5922 Hobhill Ave, North Port, FL 34287 -- 2/1/900 sq ft -- SOLD $235k AUG 2023 -- (Pending in 4 days! Clean with Dated Finishes, Less Bed/Bath, 25% Smaller Lot)
• Comp 5: 5990 Spearman Cir, North Port, FL 34287 -- 3/1/904 sq ft -- SOLD $227k JUN 2023 -- (Pending in 6 days at just $2k under Full Ask! AS-IS Purchase, 1-less Bath, 25% Smaller Lot)
• Rehab Description: For a rental or a flip, cosmetic updates are needed. Begin with a deep clean. The kitchen appears to be in clean market-ready condition for the area, but could be optionally updated to achieve higher ARV range provided. Renovate one bathroom completely and perform partial updates to the bathroom with the already updated shower. Update flooring throughout and replace the roof and HVAC. Partial ceiling drywall, and a few windows need to be addressed. Clean up soffits and exterior wood trim before finishing with a fresh coat of paint in and out.
• Features: Dual-Threat Opportunity in Sarasota County! This 3 bedroom, 2 bathroom home sits tucked away in a cul-de-sac on an oversized 14,860 sq ft lot in a quiet residential pocket of North Port, FL! The property features a 1-car garage, an attractive 3/2 floor plan with a master suite complete with an en suite bathroom, and a CLEAN kitchen perfect for a quick undercut listing or a rental. Conveniently located just minutes from local shopping, restaurants, golf, boat ramps, and nightlife, this property sits in an IDEAL location, so don't miss out on this opportunity!
• Important Details: --> On lease through January 31, 2024. A copy of the lease will be provided at or before closing. --> No HOA! --> Public Water and Sewer --> Flood Zone X - (No Insurance Required)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab