Fort Pierce Block Flip

Fort Pierce, FL, 34982 view full address
For Sale
Listed at: October 17th, 2024
Price
$234,900
ARV
$370,000
Gross Margin
$135,100
Sq. Footage
1640
Type
Single-Family
Parking
Attached Garage
Year build
1982
Lot size
0.23 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

Don’t miss this opportunity to flip a solid block home in Fort Pierce. This is one of the lowest priced single-family homes in all of Port Pierce. This true 3-bedroom, 2-bathroom house features a garage and a spacious backyard, perfect for end-users. Located just fifteen minutes from Downtown Fort Pierce and thirty minutes from Stuart — it’s in a prime spot.

Similar properties in the area are listed at over $400,000, with many not renovated. There may be an opportunity to increase the after-repair value if a full remodel is done on the property. 

Rental comps in the area easily support $2,500 per month and possibly even higher with a nice remodel. This can also be a great opportunity for a long-term buy and hold with a good return. With the area's ongoing growth and rising popularity, this house is well-positioned for significant future appreciation.

https://equitypro.com/terms-of-use
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jonathan Rokh

No reviews

Disposition manager