2/2 flip opportunity on a corner lot in south Sarasota

Sarasota County, Sarasota, FL, 34231
Sold
Listed at: March 1st, 2022
Price
$260,000
ARV
$450,000
Gross Margin
$190,000
Sq. Footage
1279
Type
Single-Family
Parking
Attached Garage
Year build
1964
Lot size
8484.00 sqft
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

Property has been maintained but has not had an update in 14 years and will need a full renovation to reach the $450-500k comps. It has a enclosed and under air Florida room that will be easy to convert part to a third bedroom.


There is a plumbing leak under the kitchen sink that the seller has a $700 quote to repair. The whole house is block except for once section of the kitchen and the back wall of the Florida room that are wood frame. Roof is 14 years old and still in decent shape.


It needs a new kitchen, new vanities in the bathrooms, new flooring and paint, new HVAC, soffit and fascia, and a new fence.


Comps:

3655 Egerton Cir, Sarasota $555,000

3024 Woodpine Cir, Sarasota $460,000

4518 Nelson Ave, Sarasota $459,900

3709 Wilkinson Rd, Sarasota $423,000

4536 Falcon Ridge Dr, Sarasota $415,978

4455 Worchester Rd, Sarasota $499,900

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

Joe Yeager

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Disposition manager