📍 Address: 826 Lillian Ln, Sarasota, FL 34243
🛏️ Beds/Baths: 3 Beds, 2 Baths
📐 Square Footage: 1,320 sqft
💰 Asking Price: $305,000
🏠 After Repair Value (ARV): $415,000 (Conservative Estimate)
🚀 Deal Overview:
This beautiful 3 bed, 2 bath home is located in a highly sought-after Sarasota community with strong comps to back up its incredible potential. This is a prime fix & flip deal, with the property needing only cosmetic updates and a new roof. All major systems including foundation, electrical, plumbing, and HVAC are in excellent condition, making this an ideal investment.
🏡 Why You Should Consider:
- Sought-After Location: Sarasota is a hot market with high buyer demand.
- Minimal Work Needed: Only cosmetic updates and a new roof are required.
- Strong ARV Potential: Conservative ARV of $415,000 with upside for more!
💡 What’s Already in Great Shape:
- Foundation
- Electrical
- Plumbing
- HVAC
📊 Comparable Sales:
- 6613 Fairway Dr, Sarasota, FL 34243 – Sold for $425,000 on 05/09/23
- 816 Queen Palm Ln, Sarasota, FL 34243 – Sold for $381,000 on 07/16/24 (3 bd, 2 ba, 1,410 sqft)
- 7036 13th St E, Sarasota, FL 34243 – Sold for $450,000 on 05/23/24 (3 bd, 2 ba, 1,484 sqft)
- 822 Wee Burn St, Sarasota, FL 34243 – Sold for $430,000 on 05/07/24, currently on the market for $475,000
- 6624 Fairway Dr, Sarasota, FL 34243 – Sold for $430,000 (3 bd, 2 ba, 1,440 sqft)
💼 Investment Highlights:
- Great Value: Asking only $325,000 with a conservative ARV of $415,000 (can sell for more in this hot market!)
- Minimal Repairs: Focus your efforts on cosmetic updates and a roof replacement, as the big-ticket items are in great shape.
- Prime Location: Homes in this community are flying off the market.
Don't miss out on this incredible fix & flip opportunity in Sarasota, FL! This property is perfect for investors looking for high returns in one of the hottest markets in Florida.
Bedrooms | |
Bathrooms | |
Sq. footage |