🏡 Investment Opportunity: 2 Bed / 1 Bath Home in Nokomis, FL

📍 Property Details:

• 🛏️ Beds / 🛁 Baths: 2 Bed / 1 Bath
• 📏 Livable Area: 1,031 sqft (per tax records)
• 🌿 Lot Size: 10,608 sqft
• 📅 Year Built: 1956 (Block)
• 💲 Asking Price: $157,000
• 💼 EMD (Earnest Money Deposit): $5,000

📸 Link to Photos:

View Property Photos

🔑 Key Features:

• Block Construction: Solid block home, ideal for long-term durability and low maintenance.
• Spacious Lot: Sitting on a 10,608 sqft lot, there’s potential for expansions, outdoor living, or gardening.

📊 Financial Breakdown:

• 💲 Asking Price: $157,000
• 🏷️ After Repair Value (ARV): $300,000
• 💼 EMD: $5,000

Comps (Comparable Sales):

• 📍 119 Avenida De La Isla, sold for $307k on 5/24
  • Condition: Fairly Updated, Wood Frame
  • 2 beds / 1 bath / 1,108 sqft / 1957 yr

💡 Investment Highlights:

This 2-bed, 1-bath property is located in Nokomis, FL, offering great potential for investors with an ARV of $300,000. Priced at $157,000, there’s ample room for improvement, making it an excellent candidate for a flip or rental investment.

💵 Price Analysis:

• Asking Price: $157,000
• ARV: $300,000
• Potential Profit: $143,000 post-renovation

⚠️ Considerations:

• Cosmetic and Structural Updates: To maximize value, renovations will be necessary to modernize the home.
• Potential for Expansion: Given the large lot size, adding outdoor features or additional square footage could significantly increase value.

📍 Location:

This home is located in Nokomis, a growing area near the coast with easy access to beaches, shopping, and recreational areas, making it an attractive option for potential renters or future homeowners.

💼 Conclusion:

Priced at $157,000 with an ARV of $300,000, this 2-bed, 1-bath home offers a fantastic investment opportunity in Nokomis, FL. Whether you’re looking to flip or rent, the property’s location, solid structure, and potential profit margin make this a compelling choice.

For more information or to schedule a viewing, please contact:

📞 Phone: 813-544-4909

⚠️ Disclaimer:

All information provided is deemed reliable but is not guaranteed and should be independently verified. Buyers should conduct their own due diligence.