Nice South Florida Flip or Buy/Hold-A BIG 3/2.5 in Pembroke Pines
***GREAT Investor Flip Opportunity***
Pembroke Pines Single Family home:
2050 NW 188th Ave Pembroke Pines, FL 33029
3 Beds/ 2.5 Baths 1668 sq feet
-Could use minor updating in kitchen and baths for max value- Currently tennant occupied and will be vacant prior to closing!
Asking: **$275k cash or hard money.** (Wholesalers- Please add your Commission)
*All reasonable offers will be considered*
Located in the highly desired West Pines area:
Excellent Flip opportunity:
Recent comps from $335k- $350k:
*18481 NW 19th St. 33029 3br/2.5ba -- Sold: $330,000.00 on 9/25/2015
*1040 NW 190 Ave. 33029 3br/2ba -- Sold: $324,000.00 on 10/17/2015
*19230 NW 12 Mnr. 33029 3br/2ba -- Sold: $335,000.00 on 2/5/2016
*18731 NW 1 St. 33029 - 3br/2ba -- Sold: $345,000.00 on 2/8/2016
*1252 NW 192nd Ave. 33029 - 3br/2ba -- Sold: $347,500.00 on 3/30/2016
A Great Buy and Hold:
Active rents ranging from $2,000-$2,400 per month.
*Property is occupied, Drive by and make an offer contingent on inside viewing- Tennants are moving.
For more info contact:
Mike @ 954-559-6117
[email protected] or [email protected]
@Michael Johnson what are you guesstimating repairs?
Hey! @Eric Griemsmann
A full update of the kitchen/appliances, 2.5 baths and misc touch ups would be $20k-25k paying retail costs for materias and labor. An investor with some experience can get it done for $12-15k, if purchasing all materials and hiring installers, or less if DIY'ing some of the work.
I would be more than willing to help a buyer coordinate the completion of the upgrades. There are many suppliers here in south fla with quality materials at a fraction of 'big box store' costs, as well as some investor friendly contractors that do good work.
