🔥 $161K GROSS SPREAD: LARGO 4/3 BLOCK HOME W/ 2-CAR GARAGE (33771) 🔥

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Address: 920 Fay Ave, Largo, FL 33771

Estimated ARV: $500,000

Estimated Rehab: ~$60,000+ (Cosmetic Flip - 2015 Roof!)

Access: VACANT & Easy to Show (Lockbox Access)

THE INVESTMENT THESIS--------------------------------------We have a prime, straightforward cosmetic fix-and-flip opportunity in a desirable Largo neighborhood, conveniently located near Starkey Road with quick access to East Bay Drive and Gulf-to-Bay Boulevard.

Finding a spacious 4-Bedroom, 3-Bathroom concrete block home with a FULL 2-Car Garage on an oversized 85 × 105 ft lot in Flood Zone X is rare. Even better: the roof is 2015, the water heater is 2023, mechanicals are functioning, and the home is reportedly insurable as-is!

A nearly identical 4/3 comp nearby (with only a 1-car garage and slightly less square footage) recently sold for $500,000. Plus, this property is VACANT and ready for you to start swinging hammers on Day 1!

PROPERTY DETAILS----------------------------------------Layout: 4 Bedrooms / 3 Full Bathrooms

Living Area: 1,806 SF Under Air

Garage: 2-Car Attached Garage

Construction: Concrete Block on Slab

Year Built: 1959

Lot Size: Approx. 85 × 105 FT (~0.20 Acres)

Flood Zone: Zone X (No Flood Insurance Required!)

HOA / Pool: No HOA / No Pool

Roof: 2015

Water Heater: 2023

AC Compressor: 2012 (Functioning)

Windows: Partially updated (fewer windows needed if matching all)

RENOVATION OPPORTUNITY (~$60,000+ Est.)--------------------------------------Because the major systems are functioning and the roof is from 2015, your budget goes straight into high-ROI cosmetic upgrades to bring this home up to modern retail standards.

Recommended Improvements Include

• Kitchen renovation
• Updates to all three bathrooms
• New flooring throughout
• Replacing bedroom wall paneling with drywall
• Wall texture and drywall repairs
• Interior and exterior paint & general cosmetic updates
• COMPARABLE SALES (LARGO)--------------------------------------------------The surrounding neighborhood has demonstrated strong resale values for renovated homes-especially those featuring 3 bathrooms. Notice our subject property has a 2-Car Garage and more square footage than the top comp:
• 599 Woodland Dr - 4/3 | 1,783 SF | 1-Car Garage - SOLD $500,000
• 1098 Phyllis Ave - 3/2 | 1,258 SF | Pool - SOLD $490,000
• 2453 Roberta St - 4/2 | 1,802 SF | No Garage - SOLD $480,000
• 3487 Keene Park Dr - 3/3 | 1,673 SF | 1-Car Garage - SOLD $476,000
• 2796 Forest Pkwy S - 4/2 | 1,451 SF | 1-Car Garage - SOLD $470,000
• > SUBJECT: 920 Fay Ave - 4/3 | 1,806 SF | 2-Car Garage - $500,000 ARV

SHOWINGS & ACCESS-------------------------------------------------- VACANT - EASY TO SHOW! The property is on lockbox and ready for immediate walkthroughs.