Additional Details

• Features: PALM SPRINGS CONDO UNDER $80,000! Own the cheapest condo in the community and close on it with instant equity! This home only requires a basic interior cosmetic rehab to reach maximum resale value. Located minutes away from PBI Airport, beaches, restaurants, and shops.
• Potential ARV: $140,000-$150,000
• Rehab Description: For a flip, this is an easy rehab. The AC unit was replaced 5 years ago. This property does not require high end finishes and only requires a basic interior rehab. Remodel the kitchen, remodel the bathrooms, replace the floors l, and apply fresh paint.
• Estimated Rehab: $25,000-$30,000
• Ideal Investment Strategy: Rental/Resale
• Construction: CBS
• Occupancy: VACANT AT CLOSE!
• Comp 1: 750 Lori Dr APT 225, Palm Springs, FL 33461 2/2 994 SQFT 1976 Build SOLD @ $130,000 01/03/2024 (Same unit/completely dated)
• Comp 2: 725 Lori Dr APT 108, Palm Springs, FL 33461 2/2 994 SQFT 1974 Build SOLD @ $125,500 12/08/23 (Same unit/dated)
• Comp 3: 721 Lori Dr APT 207, Palm Springs, FL 33461 2/2 994 SQFT 1974 Build SOLD @ $125,500 12/08/23 (Same unit/dated)
• Comp 4: 719 Lori Dr APT 204, Palm Springs, FL 33461 2/2 994 SQFT 1974 Build SOLD @ $165,000 11/22/23 (Same unit/clean/some updates)
• Important Details: -->VACANT AT CLOSE -->HOA 514.00/month --> No rentals for the first two years. -->Covers landscaping and common areas/amenities/55+ community.
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab