Port Richey Flip 69K+ PROFIT

Pasco County, Port Richey, FL, 34668
Sold
Listed at: May 23rd, 2024
Price
$179,999
ARV
$319,999
Gross Margin
$140,000
Sq. Footage
1825
Type
Single-Family
Parking
Garage
Year build
1978
Lot size
0.22 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

🏡 Attention Fix and Flip Investors! 🛠️

Gem in the Rough! Largest Home in the Area!

Features:

  • 3 Beds, 2 Baths
  • Spacious 1,825 Sqft Single Family Residence
  • Built in 1978
  • Situated on a Generous 9,486 Sqft Lot
  • Potential Rental Income: $2,200/month 💰

🔨 Rehab Opportunity:

  • Estimated Rehab Cost: $40,000
  • After Repair Value (ARV): $319,000
  • Potential Gross Spread: $130,000 💡

🏠 Property Highlights:

  • Largest Home and Lot in the Community!
  • Unique Layout: Converted Bedroom into a Master Suite with Fireplace
  • Sauna Installed in Adjacent Bedroom
  • Spacious Kitchen with Walk-In Pantry and Laundry Hookups
  • Vinyl Fence with Gated Entry for Boat or Outdoor Storage
  • Includes a Substantial Walk-In Storage Shed

📝 Additional Details:

  • Estate Sale - Offers Require Proof of Funds or Preapproval
  • Multiple Offer Situation - Submit "Highest and Best" by May 9, 2024, at 12:00 PM

💰 Profit Potential:

  • Gross Profit: Selling Price - Purchase Price - Rehab Cost - Selling Costs
  • Gross Profit: $319,000 - $190,000 - $40,000 - $20,000 = $69,000

Don't miss out on this incredible opportunity! Act fast and turn this diamond in the rough into your next successful flip! 

Realtors and Wholsalers bring your buyers

Call at (470) 421- 9718

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

Bill Mcdonald

No reviews

Disposition manager