(Tampa, FL) 🏚️ Fix & Flip for 50k or Cashflow 300/mo 🏡

Hillsborough County, Tampa, FL, 33603
Sold
Listed at: September 11th, 2024
Price
$205,000
ARV
$320,000
Gross Margin
$115,000
Sq. Footage
1224
Type
Single-Family
Parking
Attached Garage
Year build
1925
Lot size
0.12 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

🏚️ Flip and Profit over 70k or Cashflow 500+/mo!!!🏡

 

Attention Real Estate Investors

This 3-bedroom, 2-bath property offers an excellent fix-and-flip opportunity or rental investment. The home features a functional layout with spacious rooms, making it ideal for families or tenants. While the property requires some renovation, it has great potential with a solid foundation and structure. Located in a desirable neighborhood with growing demand, this home could generate significant returns post-repair or serve as a long-term rental with high occupancy rates. Perfect for investors looking to capitalize on market appreciation or cash flow from rental income.

Perfect for generating rental income or as a high yield flip!! Don’t miss out—schedule your showing today! **contact below**


ASKING PRICE: $205K

ARV: $320K

 

Perfect For:

🛠 Fix/Flip Opportunity

(Purchase Price) $205K + (Rehab) $45k = $250K (Total Investment)

(ARV) $320k - (Total Investment) $250k = (Gross Profit)  $70k 

 

ARV Comps:

1410 E 31st Ave, Tampa, FL 33603- SOLD $299,000

 

1409 E 31st Ave, Tampa, FL 33603SOLD $335,000

 

1403 E Dr Martin Luther King Jr Blvd, Tampa, FL 33603- PENDING $325,000 

 

🚪 Buy and Hold

(Purchase Price) $205K + (Turnkey) $30k = (Total Investment) $235k

(Current Rent Rate) $2,300/mo - 1,800 (PTI) = $500+/mo est. CASH FLOW!

Rental Comps:

1509 E Ida St, Tampa, FL 33610- LEASED $2,300/MO

 

1612 E 31st Ave, Tampa, FL 33610- LEASED $2,295/MO

 

Property Overview:

🛏 3 Bedrooms

🛁 2 Bathroom

📏 1224 SqFt 

📅 Built in 1925

 

Additional Insight:

🚀 Area: Hot Area for Flips or profitbale Rentals

🕒 History: Long-term Owners 

🚧 Attention Required: Moderate/Full Rehab 

🔄 Vacancy: Vacant

**Buyer due own diligence on all properties**

 


CALL TO SCHEDULE SHOWINGS

214-286-6940

TENTATIVE CLOSE DATE:  10/25/2024

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

Devin Robinson

No reviews

Disposition manager