3/2 Block in Pt. Charlotte - Great Flip or Rental

Charlotte County, Port Charlotte, FL, 33948
Sold
Listed at: March 6th, 2023
Price
$165,000
ARV
$275,000
Gross Margin
$110,000
Sq. Footage
1176
Type
Single-Family
Parking
Attached Garage
Year build
1983
Lot size
0.23 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Port Charlotte, FL 33948


Rehab or Rental Opportunity


This is a great 3 bedroom, 2 bathroom, frame construction, 1176 square feet built in 1983. This has a lot of great potential as a rental property or fix & flip opportunity. Good rental area. New roof. Needs updating of kitchen, bath, paint, flooring & HVAC. Approximately $35k in repairs to retail; $20k in repairs to rent.


Port Charlotte, Florida

  • Single Family Residential
  • 3 bedrooms
  • 2 baths
  • 1176 SF.
  • Frame
  • Built in 1983.
  • Great Investor rehab or rental opportunity!
  • Needs rehab to retail.
  • Estimated $35k in rehab costs
  • Selling as an As-Is property.

 

Area Comps

18352 Poston Ave - $285,000 - 3/2 - 1,158sf - Partially Renovated - Sold 10/2022

2502 Cannolot Blvd - $282,000 - 3/2 - 1,072sf - Partially Renovated - Sold 9/2022

19628 Midway Blvd - $285,000 - 3/2 - 1,022sf - Renovated - Sold 8/2022


Area Rental Comps

893 Riviera Ln - 3/2 - 1,180sf - Renovated - Rented $2,145 - 10/2022

4064 Felhorn St - 3/2 - 1,344sf - Renovated - Rented $2,235 - 11/2022

2442 Dando St - 3/2 - 1,488sf - Partially Renovated - Rented $2,395 - 8/2022

518 Chamber St - 3/2 - 1,424sf - Renovated - Rented $2,240 - 10/2022


 Potential ARV $275,000+

 

Sold "AS-IS"

Asking $165,000

Net to Seller


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

James Watson

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Disposition manager