Milton, FL πŸ’₯ Deeply Discounted Off Market Big Spread Flip or Perfect BRRRR Opportunity

Santa Rosa County, Milton, FL, 32570
Sold
Listed at: May 7th, 2024
Price
$49,900
ARV
$170,000
Gross Margin
$120,100
Sq. Footage
920
Type
Single-Family
Parking
Driveway
Year build
1960
Lot size
0.58 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

πŸ’₯ Off Market Property for Assignment in Milton, FL πŸ’₯

Deeply Discounted - Big Spread Flip or Perfect BRRRR Opportunity - Large Lot Size

 

πŸ“Property Overview: 

Size: 920 sqft

Year Built: 1960

Lot Size: .58 Acres

Layout: 2 Bedrooms / 1 Bathroom

Roof: needs replacing

HVAC: window units, most likely need replacing

Status: Occupied, vacant at closing

Closing Date: On or Before June 3, 2024

 

πŸ’° Financials:

Asking Price: $49,900 plus closing costs

After Repair Value (ARV): $150K - 170k (Comps sold around $175/sqft)

Long-Term Rental Rates: $1250-$1450

2Br Section 8 Rent: $1278/mo

3Br Section 8 Rent: $1747/mo (If extra bedroom added)

EMD: 5k

 

🌟 Location Highlights:

Santa Rosa Medical Center: 5 min

Publix Supermarket: 3 min

Milton Airport: 10 min

Pensacola International Airport: 30 min

Downtown Pensacola: 25 min

 

πŸ“ž Contact for More Information:

Coreyonte Turner

Phone: 402-840-7321

Email: Coturner@joehomebuyer.com

Courtesy of Joe Homebuyer Gulf Coast

WHAT TO EXPECT FROM JOE HOMEBUYER: Deal is to be sold to INVESTOR CASH BUYERS only. PROPERTY WILL BE CONVEYED WITH FREE AND CLEAR MARKETABLE TITLE UNLESS OTHERWISE AGREED. NO INSPECTION PERIODS EXCEPT WHAT IS NOTED ABOVE. BUYER MUST DO THEIR OWN DUE DILIGENCE. HOUSE IS BEING SOLD " AS-IS" WITH NO WARRANTIES OR DISCLOSURES FROM THE SELLER AND BUYER TO PAY ALL CLOSING COSTS AND TRANSFER TAXES WITH THE EXCEPTION OF ANY PRORATED PROPERTY TAXES, LIENS, AND JUDGMENTS UNLESS OTHERWISE AGREED TO IN WRITING BY BOTH PARTIES. WE EITHER OWN OR HAS AN EQUITABLE CONTRACTUAL INTEREST IN THIS PROPERTY. THIS MARKETING PIECE ONLY REFERENCES THE EQUITABLE INTEREST OR OPTION IN THE PROPERTY. All figures expressed either verbally or in marketing material is to be an estimate. There are no guarantees or assumptions. Buyer should conduct their own due diligence prior to making any offers. If property is occupied, please do not disturb the occupant. Occupant/tenant rights apply. Contact us directly for entry instructions unless otherwise stated above. WE ARE EXPLORING ALL OPTIONS WITH THIS AGREEMENT AS PART OF OUR DUE DILIGENCE WE ARE CONSIDERING SELLING OUR ASSIGNABLE CONTRACT FOR THIS PROPERTY WE MAY NOT OWN THIS HOME - WE ARE NOT REAL ESTATE AGENTS. WE DO NOT REPRESENT THE SELLER. THE INFORMATION IS PROVIDED AS A COURTESY AND NOT MEANT FOR THE PURPOSES OF MARKETING THIS HOME DISCLAIMER: Please be advised that this is an assignment of contract. A legally binding purchase agreement has been signed with the Seller, which grants exclusive rights to this company to purchase the property. We would like to clarify that we are NOT representatives of the owner and DO NOT act as brokers. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or communicate with the owner will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Coreyonte Turner

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