Property Description:
This 1,200 sq ft 3-bed, 2-bath CBS home sits on a 5,000 sq ft lot in Sarasota. Built in 1961, the property has strong bones with a new roof and AC (2022) already in place. The interior will need cosmetic updates throughout to bring it to full market value. Currently tenant-occupied, with access available next week.
🛠️ Rehab Scope
- Interior cosmetics: paint, flooring, fixtures
- Kitchen and bath modernization
- Landscaping and curb appeal upgrades
🔴 Comparable Sales
- 1610 24th St – 1,332 sq ft, 3/2, built 1946 → Sold $324,900 ($244/sq ft) – updated
- 2070 28th St – 1,168 sq ft, 3/2, built 1950 → Sold $282,000 ($241/sq ft) – updated
Very limited amount of rehabbed comps to go off of, so we averaged out the 2 that were available to justify our ARV.