Low Entry Point at 4675 Kimberly Dr, Pensacola – 70-75% ARV - Only 5K EMD!

Escambia County, Pensacola, FL, 32526
Sold
Listed at: July 13th, 2024
Price
$160,000
ARV
$230,000
Gross Margin
$70,000
Sq. Footage
1856
Type
Single-Family
Parking
Driveway
Year build
1960
Lot size
0.20 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Property Highlights

Address: 4675 Kimberly Dr, Pensacola, FL 32526

Lot Size: 8,586 sq ft

Living Sqft: 1856 SQFT

Zoning: MDR (Medium Density Residential)

Potential Use: Single Family Home or Investment Property

Estimated Value: $210,000 - $230,000

Asking Price: $165,000

Drive Photos Link: https://drive.google.com/drive/folders/1zH6hYGUSKMQtFzHGP8qdnsnG0OLG4VTx?usp=share_link


Investment Opportunity

This property is a hidden gem in Pensacola, FL, needing only cosmetic rehab and updating to unlock its full potential. With its significant equity and strategic location, it promises substantial returns for savvy investors willing to invest in its improvement.


Comps: The Numbers Don't Lie

4684 Kingston Dr, Pensacola, FL 32526:

  • Sold for $230,000
  • 4 Bed / 2 Bath / 1,632 sq ft
  • Sold on 02/15/24

4773 Oakland Dr, Pensacola, FL 32526:

  • Sold for $212,000
  • 3 Bed / 1 Bath / 1,300 sq ft
  • Sold on 02/05/24

7111 Santa Barbara St, Pensacola, FL 32526:

  • Sold for $230,000
  • 3 Bed / 2 Bath / 1,516 sq ft
  • Sold on 07/09/24

These comparables demonstrate the robust market value and potential appreciation for properties in this area, making 4675 Kimberly Dr a prime investment.


Neighborhood Amenities: The Sweet Spot

  • Schools: Nearby top-rated schools, ideal for families.
  • Parks: Close to several parks for recreational activities.
  • Shopping & Dining: Near major shopping centers and a variety of dining options.
  • Healthcare: Easy access to hospitals and healthcare facilities.
  • Public Transportation: Well-connected with public transport options for easy commuting.

Why This is the Golden Ticket:

  • Prime Location: In a desirable neighborhood with increasing property values.
  • Strong Rental Potential: Estimated monthly rent of $1,714, providing a solid income stream.
  • Potential for Appreciation: Cosmetic rehab can significantly increase property value.
  • HUGE SPREAD (Entry Point 70-75% of ARV)Purchasing this property at $165,000 creates instant equity, as you are purchasing between 70% to 75% of the after repair value (ARV) based on comparable properties.


Don't Let This Opportunity Slip Through Your Fingers:

Seize this chance to invest in a high-potential property in Pensacola, FL. Contact us today to schedule a viewing and explore how 4675 Kimberly Dr can enhance your investment portfolio.


Contact:
Name: Jesus Lugo
Company: LVQuickCashHomes
Email: acquisitions@lvqcashhomes.com
Phone: (305) 395-0990 (Please Text for the fastest response)

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

LVQuickCashHomes

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