🛠️ 💥 Fix & Flip Opportunity in a highly desirable neighborhood in Pensacola, FL at an Unbeatable Price!
🔅 Property Highlights:
Incredible Value: 57% of After Repair Value (ARV 200k)!📈
💸 Rental Potential: $1450-2000 💸
Excellent cash flow as a short term rental property!💰
Excellent rent to cost ratio at 1.25%
Off-Market Gem: Grab this deal before it hits the market! 🔍
HOA: None 🚫
Location: Situated on the desirable Crescent Lake Subdivision, in Pensacola FL🌴
💵 Asking Price: Just $114,000: A steal for savvy investors! 🏷️
🔨Estimated Rehab: ~18-35K costs will vary with every investor
✅ New Roof 2021
✅ New Water Heater 2021
✅ HVAC 1996 but in operable condition
✅ Windows single pane aluminum
💡 Needs —
🔧 New flooring, paint interior, kit and bath updating
🪚 Could use: new windows, new HVAC, screen-in porch re-screened, exterior paint and refresh
📣Attention Investors!
This is your chance to own a solid rental at an incredible price. The flip potential is strong, with the ARV price point well into the highest demand and affordability range. Whether you’re into flipping or renting, this property offers flexibility and profit potential.
Comps:
909 Twinbrook Avenue 3/1.5 1120 sq ft, ACT at $249,000 34 DOM Fully remodeled high end
907 Rock Creek Avenue 4/1 1266 sq ft sold 10/23 for $185,000 45 DOM Lightly refreshed with paint and carpet
904 Lagoon Drive 3/2 1053 sq ft CONT for $164,000 0 DOM as-is
708 Blue Springs Drive 4/2 1491 sq ft sold 8/23 for $154,500 Was in the middle of a remodel, sold as-is
#RealEstateInvesting #FixAndFlip #PensacolaRealEstate #OffMarketDeals #HighReturnInvestment #CashFlowProperty #InvestmentOpportunity