Cheapest 2/2 in the Entire Zip Code 33950 🌴 Price: $129,900!!

Punta Gorda, FL, 33950
Sold
Listed at: October 19th, 2024
Price
$129,900
ARV
$235,000
Gross Margin
$105,100
Sq. Footage
1450
Type
Single-Family
Parking
Carport
Year build
1962
Lot size
0.22 acres
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

🚨 Calling All Flippers! 🚨

🏝️2/2  Flip in Punta Gorda FL 33950 🏝️

πŸšͺRSVP-4-SHOWING! 🏠

 

PLEASE CALL OR TEXT LEIDY πŸ”₯

(321) 306-0441 πŸ“²

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πŸ’΅ Price: $129,900 

πŸ’΅ ARV: $235,000 

πŸ’΅ Market rent: $2,000/mo 

 Property Details

🏠Roof: 20 years old 
❄️HVAC:  Window units and 1 wall - no central
πŸšͺVacant
🌊Property has Water damage

 Property Features

πŸ›οΈ2 Bedroom
πŸ›2 Bathroom
πŸ“1,450 Sqft  
πŸ› οΈ1962 Year Built

 Invesment Strategy 

 Located on a quiet street just minutes from downtown Punta Gorda, this Southwest Florida home presents a fantastic opportunity for investors. Here’s why you should consider this flip:

1. Value-Add Renovations:
   - At a purchase price of $129,900, you’re acquiring the property well below the ARV of $235,000, creating significant profit potential.       

-Consider installing a central HVAC system to replace the existing window units for increased property value and appeal to renters or future buyers.
   - Upgrade the 20-year-old roof to maximize the home's market value and address long-term maintenance concerns. These improvements can substantially increase the property's resale potential.

2. Rental Potential:
   - The market rent of $2,000/month offers a strong cash flow opportunity. With updates to the HVAC and roof, you can attract high-quality tenants and command top-dollar rent.

3. Great Location:
   - The property is just minutes from downtown Punta Gorda, parks, boat ramps, the Sunseeker Resort, and Punta Gorda Airport. Its location makes it ideal for renters or buyers seeking convenience and lifestyle amenities.

Why Act Now?
This is the most affordable 2/2 in the 33950 zip code, presenting a rare opportunity to buy low, renovate, and either sell high or generate steady rental income. With smart upgrades, this property could deliver a significant return on investment.

Don’t miss out on this chance to own a piece of Punta Gorda real estate at a fraction of the price! Call us today for more details or schedule a walkthrough.

 Comps 

2 bd2 ba1,307 sqft
3507 Vasco St, Punta Gorda, FL 33950
Sold: $289,900 on 02/29/24

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2 bd | 2 ba | 1,128 sqft
3030 Palm Dr, Punta Gorda, FL 33950
Sold: $238,000 on 12/14/23

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--Hard Money Available preferably for investors with experience--

πŸšͺRSVP-4-SHOWING! 🏠

 

PLEASE CALL OR TEXT LEIDY πŸ”₯

(321) 306-0441 πŸ“²

 

DISCLAIMER

All offers are Cash or Private Lender Only.

Deposits for all properties are non-refundable provided clear title.

Properties are sold AS-IS with NO inspection period; Please inspect first.

Buyer pays all closing costs for buyer and sellers.

Rehab Estimate, Projected Rent, and ARV are ESTIMATES based upon the analysis and opinion of Premier Equity Homes, actual repair cost, rent, and/or ARV may vary. 

Premier Equity Homes is not a licensed contractor or appraiser.

Taxes, Insurance, and Closing Cost are estimates. Actual cost may vary.

Seller has an equitable interest in this property and is advertising the sale of this contract as it is assignable.

DO NOT circumvent any of our opportunities, as you will be banned from receiving any more of our properties.

 

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

Leidy Rodriguez

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