Additional Details

• Ideal Investment Strategy: Rental/Resale
• Features: POOL HOME in the heart of Cape Coral!!! This three bedroom three bathroom CBS home features spacious living area with 2,137 sqft of living area with a two car garage and long driveway. This home sits on .34 acres with an in ground pool. Being offered at an excellent price with instant equity and high upside potential returns. Act fast on this stellar deal on a rare 3/3 pool home!
• Rehab Description: For a flip or rental this property needs updating to the roof, baths, and partial flooring. The roof is ceramic barrel tile and various tiles needs replacing but there are no apparent visible leaks. Central A/C is in good working order and is under 5 years old. Update the baths along with flooring throughout as well as a fresh coat of paint. Finish the project up with a full pressure wash and new screen for the pool. Finish with landscaping to boost the curb appeal!
• Potential ARV: $520,000-$540,000
• Estimated Rehab: $30,000-35.000
• Comparable Rent: $3,200-3,400
• Construction: CBS
• Comp 1: 601 SW 9th Ave, Cape Coral, FL 33991 - 3/2 1,937 sqft SOLD $537,490 JUNE '23 (smaller home and lot with one less bath)
• Comp 2: 1402 SW 18th Ter, Cape Coral, FL 33991 - 3/2 1,986 sqft SOLD $535,000 AUG. '23 ( 1988 build, smaller, clean but no recent updates)
• Comp 3: 923 SW 15th Pl, Cape Coral, FL 33991 - 3/2 2,027 sqft SOLD $450,000 May '23 (Very dated, 1 less bath and smaller lot)
• Important Details: --> 30 Day Post-Closing Occupancy with $10,000 Escrow Holdback