More about this property
Neighborhood
Property Condition
Deal Score
🔥Profit/Loss Forecast🔥
Make Your Offer Now
Use Our Easy Calculator, Then Click Here to make an Offer.
Description
Condition: Handyman special; property needs significant renovations.
Comparable Sale: 775 NW 44th St sold for $580,000 ($450.66/SF), demonstrating post-rehab potential.
Repair Needs: Estimated $90,000 for interior and exterior upgrades, including flooring, painting, and structural updates.
Market Trends:
- Rental Demand: High in the Buena Vista area, close to Design District and Wynwood.
- Price Appreciation: 21.76% over the past year.
- Development Potential: The property is located in an opportunity zone, increasing long-term investment potential.
Permits and Compliance: No liens or violations were reported.
- ARV: $580,000
- Predicted Appreciation Over 5-10 Years: 17%
- Rental Income (Post-Rehab): Estimated $2,500/month = $30,000/year.
- Operating Expenses: Estimated at 30% of gross income = $9,000/year.
- Investor Strategy: Fix and Flip or Buy and Hold (long-term rental potential).
- Occupancy: Vacant.
- Repair Estimates: $90,000 for general and structural updates.
- Permits and Compliance: No reported liens or violations; buyer to perform inspections.
Breaking Down Your Property Investment
Look at Your Investment Numbers in an Easy Way – From What You Pay to What You Could Earn
Disclaimer
Properties are being sold as-is, and The buyer is to pay all closing costs unless otherwise stated. No representations written or oral are made concerning the properties above. Price is based on cash or hard money offers and is net to the seller. All offers on properties require a non-refundable earnest deposit and have an average 15-day close of escrow. Buyers to do their own independent due diligence. The Property Flip LLC and or its employees or members make no guarantees concerning the property value, condition, characteristics, or financial benefits. Equal Opportunity Housing. One or more employees or members of The Property Flip LLC are licensed real estate agents in the state of Florida.
Effortless Home Selling Begins Here. Top Tips to Prepare Your Home for a Quick Sale.
Neighborhood
Our Services
Available time from 9AM – 10PM
Address: 25562 E. Sunrise Blvd., Suite 2104, Fort Lauderdale, Florida, 33304