Investor Special - Priced Well Below Market Value!
This cedar/redwood-sided home offers solid bones and strong curb appeal—exactly what savvy investors and flippers look for. At just $112 per square foot, it's one of the lowest-priced homes within a 3-mile radius. Recent nearby sales support resale values of up to $211 per square foot, leaving significant upside potential.
Looking to rent? The property delivers a strong estimated 11.5% Cap Rate, based on a $50K renovation and projected monthly rent of $2,200. Whether you're flipping or holding, this property fits either strategy.
Sold as-is. Cash or hard money only.
Buyer to conduct all due diligence.
The full parcel currently contains four lots of record: Lots 1, 2, 3, and 43. Only Lot 3 is being offered for sale, and the house sits entirely on Lot 3 (see attached survey). As part of the sale process, Lots 1, 2, and 43 will be split off and are not included in this transaction.
Property Features
Utilities
Electricity Connected
Sewer Connected
Water Connected
Parking
Attached
Carport
Cooling Information
Central Air
Heating Information
Central
Water Features
Public
Listing Courtesy: FLORIDA HOMES REALTY & MTG LLC - 904-996-9115