This is a NO RISK DEAL (see second photo). We currently have a bid from STOA at $300k for the property after the renovated that we can transfer to you! This guarantees at least a $60-70k profit if you choose to flip to them. They will fund 90% of the purchase price and 100% of the renovation costs at 7% interest for the first 6 months (11% for months 7-12) and will guarantee the sale and your profit by signing the BC agreement upfront.

Or, this is a great opportunity to pick up a pool home rental or traditional flip if you would prefer to sell on market for higher profit. The current owner was in the process of converting the family room into a new master suite which will increase the property to a 4 bed, 3 bath home.

The property needs hurricane damage repairs. The front soffit was blown out which blew in a sheet of drywall and insulation into the living room. The metal lanai roof was completely destroyed and needs to be removed but the rest of the pool cage is intact and just needs re-screened. Shingles were blown off the roof but there isn't any water damage anywhere other then the living room.

The property will need a new roof, kitchen, bathrooms, flooring, and interior/exterior paint. It is a great opportunity to buy a pool rental cheap or flip for a decent spread.

Property is on a lockbox so walking the property is simple.

Comps:

3510 Avanti Cir, North Port, FL, 34287 - $ 400,000

3301 Gatun St, North Port, FL, 34287 - $ 335,000

12300 Urbino St, North Port, FL, 34287 - $ 331,350