Property Description:
This 1,060 sq ft 2-bed, 2-bath CBS home sits on a 0.27-acre lot in central Port Charlotte. Built in 1979, the property will be delivered vacant at closing. The roof needs replacement, and while the AC is operational, it should be inspected due to age.
The home will require a full interior renovation including kitchen and bath updates, new flooring, interior/exterior paint, and fixture replacements. Landscaping and minor exterior repairs will help maximize curb appeal. With CBS construction and a straightforward layout, rehab should be manageable for an investor looking for a quick turnaround.
🔴 Recently Sold / Pending
- · 2179 Lakeshore Cir – 1,274 sq ft, 2/2, built 1970 → Sold $239,900 ($188/sq ft) – updated
- · 21157 Midway Blvd – 962 sq ft, 2/1, built 1961 → Sold $199,900 ($208/sq ft) – updated
- · 21130 Meehan Ave – 925 sq ft, 2/1, built 1960 → Sold $195,000 ($211/sq ft) – updated
- · 21190 Midway Blvd – 1,039 sq ft, 2/2, built 1980 → Sold $219,000 ($211/sq ft) – updated
- · 21306 Glendale Ave – 1,038 sq ft, 2/1, built 1961 → Sold $218,000 ($210/sq ft) – updated
- · 2306 Lee Ter – 904 sq ft, 2/1, built 1983 → Sold $185,000 ($205/sq ft) – updated
- · 2273 Ednor St – 772 sq ft, 2/2, built 1961 → Pending $160,000 ($207/sq ft) – updated
✅ ARV Conclusion
Renovated homes in this area are selling between $205–$211 per sq ft. Based on the subject’s size, the likely ARV is ~$222,000 +/- (at $210/sq ft with full renovation). With a purchase price of $137,500 and a moderate cosmetic rehab budget, the property offers solid flip potential if completed with market-standard finishes.