🔥 3/2 FIX & FLIP OR RENTAL OPPORTUNITY IN 32503 PENSACOLA!!!
📍 3310 Marcus Dr, Pensacola, FL 32503
Don’t miss this investment opportunity in the desirable 32503 area of Pensacola! Whether you’re looking for your next fix & flip or a buy-and-hold rental, this concrete block home offers solid potential.
Property Details
- 🛏️ 3 Bedrooms | 2 Bathrooms
- 📐 1,644 Sq. Ft. (per Property Appraiser)
- 🌳 Lot Size: 0.148 Acres (6,446 Sq. Ft.)
- 🏗️ Year Built: 1957
- 🧱 Construction: Concrete Block
- 🏠 Foundation: Slab-on-Grade
Property Condition
- Fair to Good Condition
- Remodeled in 2012
- HVAC (2014)
- Roof (2012)
- Electrical: 200-Amp Service (2012)
Investment Numbers
💲 Asking Price: $110,000
🏡 After Repair Value (ARV): Approximately $215,000
💵 Estimated Market Rent: Approximately $1,800/month
Recent Comparable Sales
Recent Comps: avg $84.40/sqft, giving as-is cash value at $138,745
- 3110 N 6th Ave → $115,000 (Apr 26) — ($73.11/sqft) — cash, as-is sale price did not include assignment fee to Heartland Homebuyers
- 3216 N Tarragona St → $160,000 (Nov 25) – ($91.95/sqft) – cash, as-is sale
- 510 E Fisher St → $160,000 (Apr 26) – ($87.10/sqft) – cash, as-is sale
- 3003 Torres Ave → $123,000 (Apr 26) – ($85.42/sqft) – cash, as-is sale
Terms
- Buyer pays all closing costs.
- Cash or private money only.
- Buyer is expected to conduct their own due diligence and not rely solely on the information or estimates provided.
📲 Call or Text 2Dogs RE for access or a walkthrough (850) 485-6577
⚠️ Not for the faint of heart – but the potential is there