Crystal River, FL Investment Opportunity 🏡

Citrus County, Crystal River, FL, 34428
Sold
Listed at: August 23rd, 2024
Price
$100,000
ARV
$250,000
Gross Margin
$150,000
Sq. Footage
1222
Type
Single-Family
Parking
Unassigned
Year build
1986
Lot size
0.22 acres
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

Crystal River, FL Investment Opportunity 🏡

 

Property Details:

  • Type: Single-Family Home
  • Beds/Baths: 2 Bed / 2 Bath
  • Livable Area: 1,222 sqft (per tax records)
  • Lot Size: 9,651 sqft
  • Year Built: 1986 (Block Construction)
  • ARV: $250,000
  • Asking Price: $100,000
  • EMD: $5,000
  • Closing Date (COE): 9/4/24

🔗 Link to Photos: View Photos

Investment Highlights:

  • Below-Market Pricing: Priced at just $105,000, this property provides an excellent opportunity for a profitable investment.
  • Strong ARV Potential: With an After Repair Value (ARV) of $250,000, this home offers significant upside after renovations.
  • Solid Block Construction: Built in 1986, this block home offers durability and lower maintenance costs.

Property Condition:

  • Original Condition: All major items (roof, AC, etc.) are original from 1986, meaning updates and renovations will be necessary to achieve the full ARV.

Comparable Sales (Comps):

  • 740 NE 11th St: Sold for $250,000 in May 2024
    • Details: 2 beds / 2 baths / 1,250 sqft / 1981 build (Fairly Updated, Block)

Contact Us:

📞 Interested in this investment opportunity? Contact us for more details or to schedule a viewing.


Disclaimer:

This company has a direct contract with the seller. Legal action will be taken against anyone who contacts the seller directly. The property is sold as-is, with the buyer responsible for all closing and escrow costs. Buyers must conduct their own due diligence. No guarantees are made regarding property condition, value, or benefits. This is an assignment of contract with exclusive rights to purchase. We are not brokers and do not represent the seller. Contacting the owner without our consent will result in legal action. Buyers should verify all permits and information with the city/county building department.

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

Helena Wu

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Disposition manager