📢SUBJECT TO! Sweet 2/1 Palmetto Deal w/ Low Entry Cost!🏠

Manatee County, Palmetto, FL, 34221
Sold
Listed at: June 7th, 2024
Price
$30,000
ARV
$240,000
Gross Margin
$210,000
Sq. Footage
746
Type
Single-Family
Parking
Driveway
Year build
1944
Lot size
0.23 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Entry Price: $30,000

Pictures
Map
Layout


Comparable Sold Properties:


📢SUBJECT TO! Sweet 2/1 Palmetto Deal with Low Entry Cost!🏠

House was fully renovated in 2019 with a new roof, new windows, new electrical, new plumbing, new HVAC, and new interior. Currently needs new kitchen cabinets and appliances, paint, and flooring in the bedrooms.

Total mortgage balance is $160k. 1st mortgage balance is $130k @ 2.75% interest with 29 years remaining on the note. There is a silent 2nd mortgage with a $30k balance with no interest or payments required. PITI is $1081/month with force-placed insurance, so that number could be brought down some with new insurance.

Property Details:

  • 2 bedrooms
  • 1 bathroom
  • 746 SF under air 
  • Central AC
  • Block/Stucco
  • 1944 built (2000 effective year built)
  • Lot - 39' x 130'
  • See pictures for more information about condition

Call Josh at (321) 238-8394 for more details and/or to RSVP for our inspection appointment.

Closing Notes:

  1. We are selling our assignable purchase agreement, not the property itself. 
  2. You or your representative must be present at the scheduled inspection for your offer to be considered unless you are making a site-unseen offer with a sizable non-refundable deposit and no expectation of an inspection contingency. 
  3. This email is a private communication and should not be displayed or discussed in front of or with the Seller(s) or any Tenant(s) or Neighbor(s). Due to the private nature of these transactions, you are forbidden from showing up at the property or otherwise trying to make contact with the Seller, their tenants, or their neighbors without our permission, which includes offering your business card during our inspection appointment. Any questions or discussion about the deal, the property, or the tenants should be directed to us or to our representatives only.
  4. Highest and best offers are due within 24 hours of the inspection appointment. 
  5. Non-refundable deposit of $10,000 due to our title company upon offer acceptance (100% refundable if unable to convey clear & marketable title).
  6. All closing costs paid by Buyer. Seller pays prorated taxes and any liens.
  7. If you want to co-market our deals, you must have our written consent first. 
*Buyer to verify all information* These are wholesale deals. We do not represent buyer or seller. We have equitable interest and our Contracts are for sale. Agape Home Buyers, LLC does not exist to render, and does not give legal, tax, economic, or investment advice. We are selling the contract to purchase these properties. Values are strictly an opinion. Consult an appraiser for true values. Agape Home Buyers, LLC disclaims all liability for the actions or inactions taken or not taken as a result of communications from or to its officers, directors and members. Each individual should consult his/her own legal counsel, accountant and other advisors as to legal, tax, investment, economic, and other related matters concerning real estate and other investments. Legal advice should be obtained through a qualified real estate attorney. ARV and repairs are based on a price opinion. Agape Home Buyers, LLC is not an appraiser or a general contractor and does not claim to be one. All numbers should be verified independently. Information is not guaranteed, please do your own due diligence. You may not co-market our deals without prior written permission. Do not disturb the owner or any tenants or arrive at the property without prior permission from us. Many of our sellers require privacy or have other special considerations in the transaction, so we thank you in advance for not crossing any lines by attempting to work around us and potentially causing issues for our sellers.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Josh Dates

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Disposition manager