🚨EASY FLIP with MASSIVE UPSIDE IN SOUGHT AFTER FORT PIERCE, FL🏡 🏡
About this property
Important Details: -->Current Renters Month to Month -->Tenants are currently not paying, eviction may be needed --> No HOA --> Great rental or Resale Opportunity
Features: Value-Add Duplex Opportunity UNDER $150K in Fort Pihe perce! This 3/2 duplex offers approximately 1,260 SQFT of living space and sits on a 0.10-acre lot. Troperty features CBS construction, a one-story layout, carport parking, and two separate units, each with its own kitchen, bathroom, and electric meter. The larger unit is a 2/1 with estimated market rents of approximately $1,500-$1,600/MO, while the second unit is a 1/1 with estimated market rents of approximately $1,150-$1,250/MO. Combined, the property has the potential to generate approximately $2,650-$2,850/MO in rental income. With two separate units and strong rental potential, this is a great dual-threat opportunity for an investor looking to renovate and hold for cash flow or reposition the property for resale.
Potential ARV: $280,000-$280,000+
Rehab Description: To maximize rental income and resale value, this duplex will need a complete interior and exterior renovation. Update both units with new flooring, kitchens, bathrooms, fixtures, fresh paint, and modern finishes throughout. On the exterior, replace the roof and AC systems, complete any necessary exterior repairs, freshen up the paint, clean up the landscaping, and improve the overall curb appeal. Once completed, the property should be well positioned for stronger rents and resale valu
Ideal Investment Strategy: Resale/Rental
Comparable Rent: $2,650-$2,850/MO
Construction: CBS
Comp 1: 2105 Delaware Avenue, Fort Pierce, FL 34950 4/2 1550 SQFT 1972 Build PENDING @ $299,990 (Slightly bigger/updated on the inside/outside needs work)
Comp 2: 1400 Delaware Ave, Fort Pierce, FL 344950 4/2 unkonwn SQFT 1949 Build SOLD @ $255,000 (Needs updates/Dated)
Comp 3: 1310 Atlantic Ave, Fort Pierce, FL 344950 3/2 1200 SQFT 1925 Build SOLD @ $246,000 (Clean/Dated)
Comp 4: 511 S 11th St, Fort Pierce, FL 344950 3/2 1100 SQFT 1950 Build SOLD @ $297,000 (Clean/Updated)
Hard Money: Hard Money Pre-Approved by OPS Loans for up to 75% LTV - See OPS Loans Hard Money
Contact: Benjamin Valdez
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