$189,000 · BRADENTON, FL 34203
Works for flippers · Landlords would lose money

Available

$189,000Asking price

2 bd · 1 ba · 1,476 sq ft · built 1961

BRADENTON, FL 34203

No contract on file

via InvestorLift Classic

2 views · listed Oct 22

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $320,000
Asking price: −$189,000
RepairsMiddle of our estimate, $0 – $12,500: −$6,250
Loan, holding, closing20% down, 12% interest, 2 points, 63 days: −$21,426
Profit32.3% of ARV · flippers want 10%+: $103,324
Works

Works for a flipper up to $256,000.

NEXKEY COLLECTIVE

NexKey Collective Deals - Kristie DeLouise

No reviews yet

Comps

Sales

Rents

ARV $320,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $306,000.

The sales behind this value are shown to members.

ARV $320,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NEXKEY COLLECTIVE

NexKey Collective Deals - Kristie DeLouise

No reviews yet

Seller Description

Property Details:

Address: 4436 E Drake Blvd, Bradenton, FL 34203

Bed/Bath: 2 Bed / 1 Bath

Square Footage: 1,113 sqft

Year Built: 1961

HOA Restrictions: No HOA

Multi-Unit: No

Features + Amenities:

Furnished: No

Pool: No

Tenant Occupied: N/A

Monthly Rent: N/A

Est. Repairs:N/A

Financing Details:

Purchase Price: $189,000

Est. ARV: $320,000

PP Percent of ARV: 59.06%

Additional Details:

3 Bedrooms / 2 Bathrooms
Right side of home was converted into an additional bedroom/bathroom, creating a discrepancy with public records
The property is dated and needs renovation, but it is not a complete gut job
Good candidate for a flip or value-add renovation
0.26 Acres Lot
CONTACT:
For additional property details, walkthrough instructions, or to submit an offer, please contact:
Mike Graham
NexKey Collective
Phone: (917) 746-5159
BUYERS, PLEASE CONDUCT YOUR DUE DILLIGENCE