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Archived about 1 month ago

$450,000

5+ bd ba 3440 sqft

1152 Cabin Bluff Drive, St Augustine, FL 32092

Residential SFR Occupied Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$3,500

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Fix & Flip Investment Opportunity in the Prestigious World Golf Village, St. Augustine, FL!

Investor Alert! Here's an exceptional fix and flip opportunity in one of St. Augustine's most sought-after neighborhoods. This 5-bed, 4-bath home offers approximately 4,000 sq. ft. of living space and sits on a .37-acre lot with stunning views of a large lake!

Why This Property is a Goldmine:
-Fantastic Location: Located in the World Golf Village, a prestigious area with soaring property values, this is prime real estate in St. Augustine, FL.
-Huge Potential: The home requires mostly cosmetic updates to restore its full value. With a little TLC, this property can easily fetch over $600K in the market.
Home Features:
5 bedrooms, 4 bathrooms
Loft on the upper level
Large lakefront lot with scenic views
Spacious 4000 sq. ft. of living space
Brand new HVAC system
Recently repainted and re-stuccoed exterior
Roof repaired and certified for another 5 years
Walls in excellent condition – just needs flooring, fresh paint, kitchen, and bathroom rehab

Owner’s Motivation:
The current owner is relocating out of the country and wants to sell quickly without the hassle of realtors and public showings. She’s looking for a buyer who will appreciate the value of this home and is willing to put in some work to bring it back to its prime. The property is being offered at a steep discount because the owner wants to pass it along to a new family to start fresh.

Key Requirements:
Asking Price: $450K
Buyer Pays Closing Costs

The home must be sold to a deserving family that will appreciate the property as much as the seller did.
This is a fantastic chance to capitalize on a prime piece of St. Augustine real estate and create a beautiful home for a new family. Don’t miss out on this high-return investment opportunity.

Location:

1152 Cabin Bluff Drive, St Augustine, FL 32092

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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.