Zephyrhills, FL Investment opportunity🏠📈

Pasco County, Zephyrhills, FL, 33543
Sold
Listed at: May 9th, 2022
Price
$69,000
ARV
$275,000
Gross Margin
$206,000
Sq. Footage
576
Type
Land
Parking
Off street
Year build
1968
Lot size
1.02 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

1.02 ACRES

The best play is to remove the current mobile home on the lot and put a new mobile home, then re-list it for 250k+. Our lot also comes with two sheds and an above ground pool. Could even build a SFH. Although the current mobile home was rented until Feb. 2022.


Current mobile home:

2 Bed/1 Bath. 576 Sq Feet. 1968 Mobile Home.  Previously tenant occupied, they were there until February of this month and slightly trashed the place. Not in the best condition, but it's livable. Needs new paint inside and out. The smaller of the two bedrooms is missing the wall and ceiling panels.


COMPS:

https://www.zillow.com/homedetails/33546-Brisk-Dr-Zephyrhills-FL-33543/46425307_zpid/ (2 Bed/2 Bath. 924 Sq Feet. Tear down of a mobile home on almost the same size lot as ours - 1.08 Acres. Went pending in 4 days and sold for 140k.)

https://www.zillow.com/homedetails/33505-Tammy-Ln-Zephyrhills-FL-33543/46425422_zpid/ (CURRENTLY LISTED FOR 235K: 3 Bed/2 Bath. 1152 Sq Feet. 1999 Mobile home. Same size lot as us - 1.02 Acres)

https://www.zillow.com/homedetails/4100-Ernest-Dr-Zephyrhills-FL-33543/319847433_zpid/ (CURRENTLY LISTED FOR 250K: 2 Bed/2 Bath. 1188 Sq Feet. 2002 Mobile home. On a little bit of a larger lot than us - 1.26 Acres)

https://www.zillow.com/homedetails/3737-Lado-Dr-Zephyrhills-FL-33543/46425401_zpid/ (CURRENTLY LISTED FOR 300K: 4 Bed/2 Bath. 2052 Sq Feet. 1998 Mobile home. On a smaller lot than us - 0.76 Acres)



Price: 69,000

ARV: 275,000


Call 512-399-5129 if you're interested.

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

David Comstock

No reviews

Disposition manager