Additional Details

• Ideal Investment Strategy: Rental/Resale
• Construction: CBS
• Features: CBS 3/2 in PUNTA GORDA! This property that requires minimal updates boasts over 1,900 sqft of living space. It also comes with a 2 car garage and newer roof. After completing some minor updates, you could relist quickly, or hold onto it as a fantastic rental considering its proximity to local businesses & attractions.
• Potential ARV: $470,000-$480,000
• Rehab Description: This property requires very little TLC. Start with updating the hallway and bathroom flooring. Then update the rest of both bathrooms. Complete some drywall repairs around the house, and some finish work on the baseboards and doors. Finish the interior off by removing some wallpaper and adding a fresh coat of paint throughout. On the exterior the roof seems to be in excelent condition. Pressure wash everything and do a bit of landscaping to the back yard to boost appeal.
• Estimated Rehab: $25,000-$35,000
• Comp 1: 715 Trumpet Tree, Punta Gorda, FL 33955. 3/2 1,667 Sq.Ft. SOLD 5/23/23 @ $480,000 (Smaller, Dated, Pool)
• Comp 2: 26352 Feathersound Dr. Punta Gorda, FL 33955 SOLD 6/23 @ $425,000. (Very dated, Smaller Lot, No Pool)
• Comp 3: 515 Royal Poinciana, Punta Gorda, FL 33955 3/2 2,051 sqft. SOLD 6/20/23 @ $550,000 (Pool home, some updates)
• Comparable Rent: $2,500/month
• Important Details: HOA: $20/month & Flood Zone X