$395,000

About This Property

Red hot investor special in the booming corner of Brownsville! Talk about location. This light fixer upper is a rare find to come on market. Due to the owner’s surprise job relocation, they’re quite motivated and asking only 78% of ARV, but will entertain all offers. Pros: Roof 9 years old, AC 2.5 years, WH 9 years. Double lot, with fully fenced/gated yard. Easy to convert to 4 bed, 2 baths. Cons: Needs kitchen update and significant interior cosmetic rehab. Investor notes: Flip potential: $470k ARV, with estimated $20k-40k in rehab. LTR estimate: $3,100 /mo, with NO nearby competition. STR estimate: $47k yrly gross, at 229 /night and 56% occupancy. Feel free to soft pitch offers to listing agent. No HOA/CDD. Full 2.5% cooperation with non-MLS agents. Just reach out to listing agent below for disclosures and MLS info sheet. Video walkthrough also available.

infoProperty Details

Property Type

Single Family Residence

Year Built

1949

Living Area

1,320 sqft

Lot Size

0.25 acres

Bedrooms

3

Bathrooms

1

Ownership

Fee Simple

Days on Market

2

List Date

chairInterior Features

yardExterior & Lot

mailContact Richard

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Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

FLORIDA CAPITAL REALTY

786-953-5870