BLUEBERRY HILL VALUE-ADD | 3 BED | 2.5 BATH | 1,428 SF | FIX & FLIP / RENTAL

PROPERTY DETAILS

• Address: 5733 Blueberry Ct #119, Lauderhill, FL 33313
• Property Type: Townhouse / Condo
• Community: Blueberry Hill III Condo
• Beds: 3
• Baths: 2 Full + 1 Half
• Living Area: 1,428 SF
• Year Built: 1974
• Stories: 2
• HOA: $381/Month
• Furnished: No
• Multi-Unit: No
• Lease Allowed: Yes, per information provided
• Pool: Yes
• Parking: Guest Parking
• Construction: Concrete Block
• Roof: Shingle
• Water: Public
• Sewer: Public

PRICING DETAILS

• Provided ARV: $300,000
• Asking Price / ARV: $300,000%
• Estimated Rehab: $40,000
• Asking Price + Estimated Rehab: $260,500
• Gross Spread to Provided ARV After Rehab: $39,500

PROPERTY CONDITION

• Investment Type: Value-Add
• Estimated Rehab: $40,000
• Current Condition: Rehab Opportunity
• Potential Strategy: Fix & Flip / Buy & Hold

PROPERTY HIGHLIGHTS

• 3-Bedroom Layout
• 2 Full + 1 Half Bath
• 1,428 SF
• Two-Story Layout
• Private Pool
• Patio
• Ceramic Tile Flooring
• Central Heating
• Washer & Dryer
• Public Water & Sewer
• Rental Potential
• Value-Add Opportunity

MONTHLY EXPENSES

• HOA: $381/month

RENTAL PROJECTIONS

• Est. Long-Term Rent: $2,624/month
• Est. Short-Term Rent: $4,025/month

As a useful cross-check, Zillow currently estimates rent at approximately $2,656/month, which is very close to your $2,624 LTR projection.

INVESTMENT ANGLE

Value-add townhouse/condo opportunity with 3 bedrooms, 2.5 baths and 1,428 SF. With leasing permitted per the information provided, the property offers both fix-and-flip and buy-and-hold potential.

The estimated $40K rehab provides an opportunity to reposition the property toward renovated retail condition, while projected LTR of approximately $2,624/month provides an alternative rental exit.

CONTACT

• Mike Graham
• NexKey Collective