60% of ARV Flip in North Port FL

Sarasota County, North Port, FL, 34287
Sold
Listed at: October 13th, 2023
Price
$190,000
ARV
$330,000
Gross Margin
$140,000
Sq. Footage
1477
Type
Single-Family
Parking
Attached Garage
Year build
1988
Lot size
0.23 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

This property needs a decent amount of work but it is in a good location right near Tamiami and has a decent potential profit. Renovations are estimated at $60-65k which leaves a $50-60k profit.

It needs a new roof, kitchen, bathrooms, front door and garage door. HVAC is 5 years old and working well. 

The comps put the average price/sqft at $293 for an ARV of $342k.

Comp:

Address Price/SF SqFt Last Sale Price

5022 Koli Ct $287 1,208 $ 347,000

5660 Bliffert St $270 1,176 $ 318,000

5524 Kismet Ter $284 1,109 $ 315,000

4268 Birnam Ter $334 888 $ 297,000

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Joe Yeager

No reviews

Disposition manager