💲Amazing Flip Opportunity in Port Charlotte💲

Charlotte County, Port Charlotte, FL, 33948
Sold
Listed at: January 19th, 2023
Price
$130,000
ARV
$280,000
Gross Margin
$150,000
Sq. Footage
1321
Type
Single-Family
Parking
Carport
Year build
1974
Lot size
0.28 acres
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

Located in an excellent area of Port Charlotte. This property is a 2/2 brick home with a carport and sits on a corner. All comparable properties that have sold in the past 90 days have been smaller and outdated. To achieve maximum ARV, a full rehab is recommended. Add a third bedroom, replace the drywall and wood siding. Replace the roof and A/C. Renovate the kitchen, floors and baths. Finish the home with a fresh coat of paint and anticipate a 50k net profit including closing costs. Act fast, this property is sure to fly.  


Rehab Est: 70k-80k

Occupancy Status: Vacant


Comp #1

860 Roseway Ter NW, Pt Charlotte, FL 33948

SOLD 12/30/22 $287,000 | KITCHEN AND FLOORS UPDATED ONLY

https://www.zillow.com/homedetails/860-Roseway-Ter-NW-Pt-Charlotte-FL-33948/2061461313_zpid/


Comp#2

806 Silver Springs Ter NW, Pt Charlotte, FL 33948

SOLD 12/09/22 $310,000 | OUTDATED

https://www.zillow.com/homedetails/806-Silver-Springs-Ter-Port-Charlotte-FL-33948/43542426_zpid/


Comp#3 

868 Kennwood Ter NW, Port Charlotte, FL 33948

SOLD 10/18/22 $299,00 | OUTDATED

https://www.realtor.com/realestateandhomes-detail/868-Kennwood-Ter-NW_Port-Charlotte_FL_33948_M56538-93424

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

Greg Foster

★★★★★
★★★★★
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Disposition manager