Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $330,000-$350,000
• Estimated Rehab: $25,000-$35,000
• Construction: CBS
• Occupancy: VACANT AT CLOSE!
• Comp 1: 8 Sunset Cir, Apalachicola, FL 32320 3/1 1,238 sqft Sold for $365K in SEPT. (1958 build, dated rental condition)
• Comp 2: 255 Prado St, Apalachicola, FL 32320 3/2 1,329 sqft Sold for $353K in JULY (2006 build, clean finishes)
• Comp 3: 265 Highway 98, Apalachicola, FL 32320 3/2 922 sqft Sold for $299K in NOV. (1940 build, dated rental condition, frame)
• Rehab Description: To get this property market-ready as a flip or rental it needs a textbook cosmetic rehab. Start with a trash out and deep clean. Update kitchen appliances, both bathrooms, and remove carpet in the bedrooms. To achieve more modern look, optionally remove kitchen tiles and match flooring throughout. Address trims/fixtures and apply fresh interior paint throughout. Electrical and plumbing in great working order. Central HVAC in working order as per seller. Metal roof replaced 5 years ago with permits. No apparent signs of leaking or visible damage. Finish with a power wash and some landscaping to boost appeal.
• Features: New opportunity in Apalachicola, the oyster capital of FL. This 3-bedroom, 2-bathroom property boasts sturdy brick construction on a spacious 1/3 acre lot, primed for a great rental or a quick flip. Nestled in a convenient yet secluded location in this coastal town, just minutes away from the renowned Lombardi Seafood Landing Park. A short drive from the Apalachicola Regional Airport and strategically positioned right off US Highway 98 connecting you to East Point, this property promises both ease of access and potential for high returns. Don't miss out on this golden opportunity on the gulf!
• Important Details: ---> VACANT at closing ---> 0.34 acres
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab