2 Bedroom 1.5 Bath Townhouse in Shalimar Florida - FLIP or RENTAL

2 Replies

Price $75,000
Location 111 4th Ave, N/A, Shalimar, FL, 32579
Property Details

Townhouse

  • Current Rent: $0
  • Square Footage: 1386
  • Bedrooms: 2
  • Bathrooms: 1.5
  • Occupied: Yes
  • Lot Size:

Nice 2/1.5 Townhome in the Portofino Community. HOA of $175/mo. Includes pool and lawn care. Quick clean-up. Can either flip or great rental property. Roof and Siding covered under HOA.

Property would make a great AirBnB, or long term rental. Located in Shalimar which is minutes from Fort Walton Beach, Destin, and surrounding Beaches. Close to Eglin and Hurlburt Field Air Force Base.

Estimated repairs needed: $5,500
Paint, Door Knobs/Fixtures, Carpet (Top two bedrooms), Step Railing Spokes (Only a couple), Deep cleaning

Estimated Rent: $950-$1150

NOTE: PROPERTY IS $3500 DELINQUENT IN TAXES AND $600 DELINQUENT IN HOA. NOT INCLUDED IN PURCHASE PRICE. Property Appraiser

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ARV: $125,000

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