Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $300,000-$325,000
• Estimated Rehab: $30,000-$40,000
• Comparable Rent: $1,600
• Construction: Frame
• Occupancy: Vacant @ Closing!
• Comp 1: 23 11th St - 3/2 with 1,215 sq/ft - Fully Updated - Sold 06/2022 $325k!
• Comp 2: 72 Port Dixie Blvd - 4/2 with 1,404 sq/ft - Fully Updated/garage converted in 4th bedroom - Sold 07/2022 $315k!
• Comp 3: 35 7th St - 3/2 with 1,092 sq/ft - Updated - Sold 07/2022 $300k!
• Comp 4: 110 11th Ave - 2/2 with 975 sq/ft - Clean Rental Condition - Sold 08/2022 $280k!
• Comp 5: 85 1st Ave - 3/1 with 1,342 sq/ft - Investor purchase - Sold 07/2022 $215k
• Comp 6: 39 9th St - 3/2 with 1,414 sq/ft - Investor purchase - Sold 05/2022 $200k
• Rehab Description: For a Flip/Rental it is recommended to replace the roof, update the kitchen, install new appliances, update the bathrooms, install new flooring throughout, fresh interior paint, pressure washing, and landscaping.
• Features: This brick home is offered vacant at closing and features a carport, large backyard, and central A/C. Conveniently located 10 minutes drive from Eglin AFB and 20 minutes drive from Emerald Coast beaches. Rent or sell to a family seeking a great home in a great locations. Don't miss this opportunity!
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab