Flip this house for $70k+ Profit

Palm Beach County, Lake Worth, FL, 33463
Sold
Listed at: February 29th, 2024
Price
$170,000
ARV
$350,000
Gross Margin
$180,000
Sq. Footage
950
Type
Single-Family
Parking
Driveway
Year build
1956
Lot size
0.15 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

We have a direct contract with the seller and a NOI has been recorded against the title for this property. Contacting the seller directly will not result in you obtaining a purchase contract.

Investor Price $170,000

Retail Value... $350,000

Gross Margin $180,000

 

Estimated Value

  • Estimated Value High: $370,000
  • Estimated Value Low: $325,000
  • Est. Rent Per Month: $1,900

Property Details

  • Rehab Level: Heavy
  • Construction: Block on Slab
  • Electrical Panel: Good Condition
  • Air Conditioner: Assume Replacement
  • Water Heater: Assume Replacement
  • Roof: Assume Replacement
  • Occupancy: Vacant

Comps

  • 4901 Canton Rd - 3 / 2 / 1,050 sqft - SOLD $380,000
  • 4216 Caesar Cir - 3 / 1 / 1,089 sqft - SOLD $345,000
  • 4988 Ohio Rd - 3 / 1 / 1,100 sqft - SOLD $340,000

*Do not disturb occupants or walk on property. Trespassing is a criminal offense.

***DO NOT re-market this property under any circumstance without consent. Tru REI LLC is a principle in all assets that we market for sale and will vigorously defend our position in a court of law.*** All information and estimates are provided as a courtesy and should be confirmed by the Buyer. Tru REI and its associates are not liable for the accuracy of the information.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brittaney Perez

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Disposition manager