Beds: 3 Baths: 2.5 Sq. Ft: 1565
ARV: $320k Repairs: $35k-$40k Rent: $1600/mo
Sandwiched between 2 lakes, this off- market Edgewater home is an investors dream. Property is a 3/2.5 (Half bath can easily be converted into a full bath). At the current price, this deal represents the cheapest 15% sales in the entire 32804 zip code in the last year. Considering that much smaller and dated 2/1’s are selling at a considerably higher price point, one is certain to turn a sizeable profit. Property needs a new roof, Interior/exterior paint, update kitchen and bathrooms, refinish hardwood flooring, install tile flooring in kitchen, SS appliance package, general cosmetic updates throughout and a landscape package.
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