Additional Details

• Features: DUAL THREAT CBS Condo in Lehigh! This is a 2/2 with 788 sqft and a direct water view. It also comes with an assigned parking spot right out front. With minimal work, this unit will be a great cash flowing rental or quick flip. Multiple exit strategies, and killer price point ensure this unit wont last long! Call now!
• Ideal Investment Strategy: Rental/Resale
• Construction: CBS
• Potential ARV: $135,000-$145,000
• Comparable Rent: $1,500/month
• Rehab Description: For a quick flip or rental this will need minor cosmetics. Begin with replacing the carpeting in the unit. Then update the kitchen, and replace the older appliances. Next update the bathrooms. HVAC seems to be in good working order. Finish it all off with a deep clean and a fresh coat of paint!
• Estimated Rehab: $10,000-$20,000
• Comp 1: 620 Joel Blvd, Lehigh Acres, FL 33936. 1/1 590 sqft. SOLD 3/17/23 @ $105,000 (Smaller unit, Clean)
• Comp 2: 730 Joel Blvd, Lehigh Acres, FL 33936. 1/1 590 sqft. SOLD 7/11/23 @ $110,000 (Smaller unit, Clean)
• Comp 3: 331 Joel Blvd APT 213, Lehigh Acres, FL 33936. 2/2 863 sqft. SOLD 4/28/23 @ $130,000 (Needs Updates)
• Rental Comp 1: 738 Joel Blvd Lehigh Acres, FL 33936 2/2 968 sqft. LEASED 6/28/23 @ $1,500/month
• Rental Comp 2: 750 Joel Blvd Lehigh Acres, FL 33936. 2/2 979 sqft. LEASED 6/14/23 @ $1,500/month
• Important Details: 55+ Community. HOA: $355/month
• Occupancy: Call your Agent