New 5/3/2/pool 2,915sf in Palm Harbor!

We have detailed videos of the fire damage from our inspection.

ARV = $750k

REHAB = $150k

ASKING $497K

VACANT

Closing: 11/7

Property Details: 

5 bed / 3 bath / 2 car garage / 2,915 sf / '83 / pool. Located in highly desirable Indian Trail subdivision of Palm Harbor.

Roof '16

HVAC '20

Windows '22

The house has fire damage that started in the garage. Cosmetically, the house is updated and shows well. The fire damage appears to mostly have an effect on parts of roof, trusses, air conditioner and electrical.

Inspector Notes

1) Fire started from the Air Handler.

2) Roof Trusses, starting from garage on East side of the house will need replaced. The remaining trusses appear in good condition.

3) Electrical - wires that are burnt and need replaced.

4) Water Heater -needs replaced.

5) (1) Air Handler needs to be replaced.

90% of the renovation will be fire damage repair. Estimate Costs Below :

1) Structural Engineer ($5k)

2) Roof Shingle Replacement ($25k)

3) Roof Trusses & Decking ($10k - $20k)

4) Electrical Re-Wire ($15k)

5) (2) Air Handlers & Condensers ($12k - $15k)

6) Exterior Paint ($4,500)

7) Interior Paint ($5,000)

8) Water Heater ($1,000)

9) Drywall ($10,000)

TOTAL ($87.5k - $100.5k)

Comps: 

1. 1454 Treetop Dr, Palm Harbor, FL 34683 (5/3.5/2/3,257sf/block/pool) SOLD $797k 7/14/23 $244.70/sf
2. 1496 Treetop Dr, Palm Harbor, FL 34683 (5/4/3,141sf/block/pool) SOLD $769k 3/23/23 $244.83/sf

Repairs needed:

Roof, Fire damage (full re-wire, panel, drywall) Pool needs refinished.

Photo link: https://drive.google.com/drive/folders/1TR5Stgi9_aLBDozC2uS1EiPino6QlWWg?usp=sharing

Property Walkthrough: https://drive.google.com/drive/folders/1xL43I4zt09xMd7AMkEG4cOJjWp8Pico0?usp=sharing

Closing Date: 45 days or less

4 point available upon request

Reach out to me for access!