Property Description:
Here’s an opportunity to capitalize on a premium asset with several profitable exit strategies. This home offers 3 bedrooms and 2 bathrooms, a two-car garage and a pool. This property sits on a .34-acre corner lot in a quiet and quaint area of Florida Shores in Edgewater, FL. The city is known for its proximity to beaches and outdoor lifestyle.
We recommend a comprehensive renovation, including updates to the kitchen, bathrooms, fixtures, interior and exterior paint, and flooring. Additionally, we suggest installing a new roof, water heater, and HVAC system. To ensure the property is fully updated, we also recommend addressing the electrical system, replacing the pool pump, and refilling the pool with water.
Don’t miss out on this opportunity, priced well below the assessed value. It also shows solid numbers on both a flip and rental strategy.