Summary
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PROPERTY WILL BE VACANT PRIOR TO CLOSING!!
Close to Water and Marinas
Purchase Price: $159,000
Rehab: Light/Cosmetic
After Repair Value: $259,000
โ๏ธ PROPERTY TYPE: SINGLE FAMILY
- 3 Bedrooms
- 2 Bath
- Built in 1942
- 1,184 sqft
- Brick home
- Rent Zestimateยฎ: $1,778
- Hard wood flooring in most of home
- Newer water heater
- Light rehab project - Biggest update is windows (optional)
๐ RECENTLY SOLD:
- 1119 Friendship Ave Panama City, FL 32401 sold for $237,500
- 1204 W 12th St Panama City, FL 32401 Sold for $245,000
- 2025 Baker Ct Panama City, FL 32401 Sold for $320,000
- 1206 Fairy Ave Panama City, FL 32401 Sold for $241,000
- 1302 W 13th St Panama City, FL 32401 Sold for $228,000
โ๏ธ EXIT STRATEGY
- Light rehab to flip and resale
- Rent to new tenants for around $1800/month
- Turn into an Air B&B rental - AVERAGE rates in the area are $150+ PER NIGHT or $4,500 PER MONTH!
๐ THIS IS THE DEAL YOU HAVE BEEN WAITING FOR! AN EASY LIGHT REHAB AT A DISCOUNTED PRICE. THE FLORIDA MARKET IS ON ๐ฅ๐ฅ๐ฅ AND DEALS LIKE THIS ARE VERY RARE. KEEP IT AS A RENTAL AND DO ALMOST NOTHING OR YOU CAN REHAB IT FOR TOP DOLLAR! ๐
All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money...If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract (w/ equitable interest) with the seller of the property. I am not the owner of record.I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a $5,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of our contract with the seller to the end buyer. Buyer to pay $595 closing fee to ezREIclosings for transaction coordination.
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
| Bedrooms | |
| Bathrooms | |
| Sq. footage |
Deals nearby
Available
Sold