New Off-Market Flip in Fort Lauderdale $169k
Located East of I95 in Lauderdale Manors. Will Sell Fast!! Contact for details. 305-900-7391.
Price: $169,000 CASH or Hard Money ONLY
Est. Rehab: $15k-35k
ARV: $245k-265k
Est. MKT. Rent $1400/month
Current Rent $1100/month
Layout: 2 Bed, 2 Bath (1580 sqft, 10366 sqft lot )
Large Off market 2/2 corner home with 1,580 SF on 10,366 SF Lot in Lauderdale Manors!!
DETAILS:
CBS structure with 1,580 SF and a large garage which has the potential to be converted to an additional 3rd bedroom! Central A/C, gable roof over main house and flat roof over garage. Corner lot (total size is 10,366 SF). Property is being sold with 100% clean and clear title.
Current tenant pays $1,100 on a month to month basis. Rental comps for a 2/1 within a 0.5 mile radius of a smaller size reflect rent can be raised to $1,400 - $1,500. Please see rental comps and sizes of properties below.
Closed Comps within .75 mile radius:
2/2 - 1500 NW 7th Ter - 1,586 LA - $251,900 (partially remodeled)
2/1 - 1528 NW 7th Ave - 893 LA - $254,000 (remodeled)
2/1 - 1605 NW 7TH TER - 1,055 LA - $230,000 (remodeled)
2/1 - 1736 NW 7th Ter - 985 LA - $242,500 (remodeled)
2/1 - 1504 NW 6TH AVE - 867 LA - $210,000 (remodeled)
Closed Comps within .25 mile radius:
1231 NW 16 CT - 1,365 LA - $255,000 (remodeled)
1113 NW 15 COURT - 1,648 LA - $230,000 (remodeled)
Rental Comps within 0.50 mile radius:
2/1 - 720 LA - 1020 NW 12th St - $1,400
2/1 - 768 LA - 1013 NW 12th St - $1,400
2/1 - 768 LA - 1134 Chateau Park Dr - $1,500
2/1 - 1,113 LA - 1504 NW 9th Ave - $1,400
2/1 - 918 LA - 1532 NW 7th Avenue - $1,500