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This investment-grade property, a traditional-style single-family residence built in 2008, situated in the desirable Spencer's Plantation community in Orange Park, presents a compelling blend of functionality and potential. It offers a spacious 2,581 sqft living area, inclusive of 4 bedrooms, 3 bathrooms (2 full, 1 half), alongside modern amenities such as laminate and tile flooring, a primary bathroom with a tub and separate shower. The property ensures year-round comfort with central heating and air conditioning and includes a 2-car attached garage for ample parking and storage. Set on a 6,600 sqft lot and augmented with additional storage structures like a shed, it stands as a noteworthy investment opportunity.

For savvy investors looking for an advantageous acquisition strategy, this property presents a unique "subject to" deal. The buyer can assume the existing loan balance of $390K at a favorable interest rate of 3.75% and mortgage payment of $2,277.37. Additionally, to facilitate the transfer, the buyer is responsible for covering the past due amount of approximately $33K and an assignment fee of $20K. This structure not only provides an immediate investment opportunity but also offers a potentially lucrative pathway to property ownership in a sought-after location, all while maintaining a modest annual HOA fee of $250. This blend of attractive financing terms and property appeal makes it an exceptional opportunity for investors aiming to expand their portfolio with a minimal upfront investment.

Call Paulo at 561-929-4094 for more info before this deal sells!

Property Details 🏚️

Rehab Level: Cosmetic

Construction: CBS

Electrical Panel: Good Condition

Air Conditioner: Unsure | Good condition

Roof: 10 years

Occupancy: Vacant

Rental Comps 📈

770 Burlwood Ct, Orange Park, FL 32073

$2490/month

720 Turnstone Ct, Orange Park, FL 32073

$2280/month

2755 Spoonbill Trl, Orange Park, FL 32073

$2250/month

Comps 📈

2944 Plum Orchard Dr, Orange Park, FL 32073

11/16/2023 - $380,000

2986 Firethorn Avem Orange Park. FL 32073

12/29/2023 - $380,000

Need to schedule your appointment now?

Call Paulo ✨

561-929-4094

💥YOU CAN ALSO CLICK THE WIN IT NOW BUTTON TO AVOID ALL BIDDING AND LOCK IT DOWN BEFORE SOMEONE ELSE DOES💥