Check out this amazing rental opportunity!
This 3 bed 2 bath house
Sits on a beautiful 1/3 acre of land.
It is located in a desirable Port Orange neighborhood
Proximate to commercial centers
& only 10 minutes from Punta Gorda Downtown
This house is in great shape!
It needs no work! it is already in a better shape
The comparable sales the sold for top dollar!
The house is currently rented on a month-to-month basis.
With almost zero work you can rent it for $1,750 or more…
Or flip this house…
With a competitive price point of $275K
This house will fly off the shelf
Hurry up, and be the first one to lock it up!
3 homes in the 0.5-mile range sold for an average price of $267K.
The first comp is a second-hand home in decent condition, but not updated. Sold for $275K. The second comp is a second-hand home in a dated condition. With only 2 bedrooms, sits on a relatively small land (only 0.25 acres) and sold for $269K. The third comp is a second-hand home. It was updated with some carpet & paint, but the kitchen & bathroom are still dated. With only 2 bedrooms, sold for $259K.
All comps are within the same subdivision. The last two comps have only 2 bedrooms while the subject has 3. The second comp has an inferior land size.
Considering the dated condition of all comps, and the fact the subject is superior in bedroom count to 2 of the comps and adjusting the fact the subject is smaller in size than the comps, we estimate an ARV of $275,000.
Sq. ft.: 1,072
Year Built: 1985
Lot Size(sq. ft.): 14,355
Rent Type: Month to Month
Current Rent: $1,200
Market Rent: $1,750