SOLD – 11th Ave S, Gulfport, FL 33707

Bed: 2    Bath: 2     SqFt: 832

ARV: $200k     Repairs: $30k     Rent: $1100/mo-$1200/mo

$125,000+cc

Excellent flip or rental opportunity located in Pasadena Heights subdivision of Gulfport! This single-family home sits within walking distance of a school. Features also include a wooden deck patio, nice wood flooring throughout, laundry room and a large fenced-in backyard area, perfect for entertainment. With minor rehab, this will make an excellent investment opportunity! For a rental or flip, some areas of the eaves and wood siding need to be repaired. Drywall work is needed behind laundry. Termite treatment is also needed. For a flip, the kitchen, bathrooms, appliances, and some floors need to be updated. New water heater and AC units may be needed. The roof may need to be re-shingled. To finish it off, interior and exterior paint must be applied, along with some landscaping. Buyer agrees to assume property with current tenant/s. Tenant estoppel will be provided at or prior to closing.

Comps:

918 FREEMONT ST S, GULFPORT – 2/2/974 Sq ft – Sold for 204k on 05/29/2018

5721 NEWTON AVE S, GULFPORT – 2/1/898 Sq ft – Sold for 197k on 05/31/2018

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