(Gainesville, FL) Block Flip

Alachua County, Gainesville, FL, 32609
Sold
Listed at: February 27th, 2024
Price
$112,000
ARV
$240,000
Gross Margin
$128,000
Sq. Footage
1228
Type
Single-Family
Parking
Driveway
Year build
1963
Lot size
0.19 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

⚒️ Fix and Flip ⚒️

Great block flip in Gainesville--desirable neighborhood in Highland Court with low DOM. This property will need a complete interior rehab-- it currently sits as a 3/1 but a 2nd bathroom could easily be added to make it a 3/2.

ARV Comps

Comp Type

Sold 

Address

Price

Sqft

PPS

Bed

Ba

Lot

Built

ARV

12/2023

1303 NE 32nd Ave

$257,500

1059

$243

3

2

10,656

1971

ARV

11/2023

2840 NE 11th Ter

$239,900

1266

$189

4

2

7,876

1961

 

Additional Comps

Comp Type

Sold

Address

Price

Sqft

PPS

Bed

Ba

Lot

Built

Quick/Cheap Flip

2/2024

3818 NE 12th St

$200,000

975

$205

3

3

9,148

1971

As-Is

2/2024

1128 NE 22nd Ave

$220,000

1104

$199

3

1

9,583

1955

As-Is

1/2024

3619 NE 11th Ter

$185,000

933

$198

3

1

9,025

1971

Modern

12/2023

2902 NE 13 St

$185,000

1082

$171

3

1

9,471

1962

Dated-Clean

12/2023

2918 NE 14th St

$209,400

1260

$166

3

2

9,441

1963

Quick/Cheap Flip

11/2023

3819 NE 14th Dr

$183,500

933

$197

3

1.5

9,453

1972

Dated-Clean

11/2023

3004 NE 12th St

$150,000

1266

$118

3

2

8,276

1962

Dated-Clean

9/2023

2033 NE 12th St

$283,000

1224

$231

3

2

8,865

1956

Dated-Clean

9/2023

2702 NE 11th St

$207,500

962

$216

3

1

10,500

1959

ASKING PRICE: $112k

Rehab: $60,000

ARV: 240K

Suggested Lender Link

 

Close Date- on or before 3/28/2024

Property may have 7 day post occupancy depending upon assignment date

Memorandum Filed. Buyers are to do their own due diligence. If your offer is accepted, a minimum of a $5,000 non-refundable deposit is to be held with our title company.

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

Cody Schmidt

No reviews

Disposition manager