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Archived about 3 years ago

$364,900

3 bd 2 ba 1480 sqft

601 N FLORIDA AVE, TARPON SPRINGS, FL 34689

Residential SFR Needs Repairs

Current Rent **

N/A

Projected Rent **

$1

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

BLOCK TARPON SPRINGS COSMETIC FLIP

Purchase Price: $364,900
After Repair Value: $500K
Estimated Flip Rehab: $40K
Net Income: $44,057
Gross Return: 10%

3 Bedrooms
2 Bathrooms
Built: 1957
Pool: Yes
SQFT: 1,480
PPSF: $247
Tax/Yr: $1,131
HOA: NA

Amazing block flip opportunity in Tarpon Springs with a pool! Property features 1,480 SqFt, 3 bedrooms, 2 baths, all appliances are less than a year old, screened enclosed saltwater pool, A/C is from 2015 and a NEW ROOF! As a flip, this property will only need a cosmetic renovation and some elbow grease. Similar fully renovated homes in the area sell for an upwards of $319 per SqFt in just about 2 weeks on the market. Close to all shopping, dining, 20 minutes from Trinity College of Florida, and zoned from amazing schools.

For comps and appointments/more info, please contact:
Liana Rodriguez - Real Estate Investment Advisor
Dynasty Investment Realty
Call/Text: (863) 307-2794
[email protected]

Location:

601 N FLORIDA AVE, TARPON SPRINGS, FL 34689

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.