3060 Panama Dr, Pensacola, FL 32526
SOLD! $129,990 - Single Family
Additional Details
- Contact: Chris Williams (954) 807-9154 - cwilliams@propertyforce.com
- Important Details: -->Vacant at closing! -->4-sided brick! -->4/2, 1450 sqft house in Pensacola!
- Potential ARV: $210,000 - $230,000
- Estimated Rehab: $30,000 - $40,000
- Rehab Description: This property will need a standard cosmetic facelift. Update kitchen and bathrooms. Replace carpeting and consider replacing tile. Apply fresh paint throughout interior and replace wood paneling with drywall where needed. Backyard shed may need attention. On the outside, pressure wash, paint and landscape to increase curb appeal and maximize value. Roof, HVAC and water heater have all been replaced within last 2-3 years. Electrical and plumbing appear to be in good working order.
- Features: Great deal in Pensacola! This 4 bedroom, 2 bathroom home features 1,450 sqft of living area and sits on a large 0.23 acre lot. Property is in prime location in quiet suburb minutes from downtown Pensacola and NAS! Dual opportunity to do lesser rehab and keep as cash flowing rental or complete standard cosmetic flip for healthy profit. Get this deal while you can!
- Comparable Rent: $1,500
- Construction: Frame
- Ideal Investment Strategy: Rental/Resale
- Comp 1: 3100 Bent Oak Rd, Pensacola, FL 32526 (3/2, 1640 sqft.) Pending for $279K on 1/23/23 (1973 build, Updated. Similar specs, went pending this week after listed in January)
- Comp 2: 7116 Glendora St., Pensacola, FL 32526 (4/2, 1548 sqft.) Pending for $245K on 1/7/23 (1979 build, Updated. Smaller lot.)
- Comp 3: 6940 Falcon Dr., Pensacola, FL 32526 (-/2, 1410 sqft.) Sold for $196K on 10/31/22 (1976 build, Off market sale)
- Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab