688 80th Ave, Pensacola, FL 32506
$124,990 - Single Family
Additional Details
- Contact: Chris Williams (954) 807-9154 -
- Important Details: --> VACANT! --> 3/2 corner lot! --> Tax-assessed at $136k
- Features: New Pensacola deal! This 3 bedroom, 2 bathroom home features 1,361 sqft of living area plus an enclosed Florida room with an attached 2-car garage. House sits on spacious 0.28-acre corner lot with fenced backyard. Property is minutes from downtown Pensacola and NAS Pensacola. Being offered VACANT, immediately ready for work to begin! Textbook flip or rental play in a desirable area!
- Rehab Description: For a flip or rental, this will need a full renovation. Upgrade kitchen, bathrooms, flooring, and apply fresh interior paint throughout. Central HVAC will need to be replaced with a new condenser and air handler. Electrical and plumbing appear to be in good condition but electrical panel needs to be replaced. Some windows and trim/fixtures need to be updated. Roof appears to be in good condition with no apparent visual leaks but solar panels will need to be removed or update. Pressure wash exterior, apply fresh exterior paint, and do some landscaping to boost appeal.
- Potential ARV: $240,000 - $260,000
- Estimated Rehab: $40,000 - $60,000
- Construction: Frame/Brick Veneer
- Ideal Investment Strategy: Rental/Resale
- Comparable Rent: $1,600
- Comp 1: 53 N 71st Ave, Pensacola, FL 32506 (3/2, 1827 sqft) SOLD $275k in JANUARY (1965 build, partially updated, 1-car garage, 0.27 acres)
- Comp 2: 1225 N 77TH Ave, Pensacola, FL 32506 (3/2, 1605 sqft) SOLD $240k in FEBRUARY (1971 build, updated to rental quality, 0.27 acres)
- Comp 3: 7844 Hestia Pl, Pensacola, FL 32506 (3/2, 1624 sqft) SOLD $232k in FEBRUARY (1970 build, partially updated, 1-car garage, 0.33 acres)
- Comp 4: 24 Janet St, Pensacola, FL 32506 (3/2, 1262 sqft) SOLD $230k in DECEMBER (1957 build, renovated, 1-car garage, 0.19 acres)
- Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab