Fire-Damaged Mobile Home on 0.47 Acres | Rehab or Replace Play in DeFuniak Springs

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Call/Text Chris with HomeCove at (561) 571-9049 to submit your offer. Assignment deal. Buyer to use our title company. Proof of funds required with all offersInvestor special in DeFuniak Springs. Existing property is a 3 bed / 2 bath manufactured/mobile home with approximately 2,356 sqft on about 0.47 acres. The home has partial fire damage and should be underwritten as a complete remodel or full mobile home replacement. This is a land/mobile-home play with multiple exit strategies: rehab the existing structure if feasible, remove and replace with a new mobile home, or hold as a rental after stabilization. Buyer should verify title status, tie-downs, foundation, utilities, septic/well, permitting, and replacement requirements. Comp Support 40 E Poinsetta Ave, DeFuniak Springs: Sold for $225,000, 3 bed / 2 bath, 1,475 sqft manufactured home. 289 Gregory Dean Ln, DeFuniak Springs: Sold for $195,000, 4 bed / 2 bath, 1,813 sqft manufactured home. 696 Passion Flower St, DeFuniak Springs: Manufactured home, 3 bed / 2 bath, 1,264 sqft, market reference around $182,000. 1012 Millard Gainey Rd, DeFuniak Springs: Sold for $157,000, 3 bed / 2 bath, 1,552 sqft manufactured home. 467 Juniper Lake Dr, DeFuniak Springs: Sold for $130,000, 3 bed / 2 bath, 1,342 sqft manufactured home. 63 E Raphael Rd, DeFuniak Springs: New construction site-built home listed around $280,000, 3 bed / 2.5 bath, 1,358 sqft, same-road support but not a direct manufactured-home comp. ARV Pitch Stabilized manufactured-home ARV is estimated around $200K-$225K, with upside toward $240K+ only if replaced/fully rebuilt and finished cleanly. Newer same-road site-built support exists around the high-$200Ks, but buyers should underwrite this as a mobile-home/land play, not a standard SFR flip. Repair Notes Property has partial fire damage and needs either: Full interior/fire-damage remodel, or Removal and replacement with a new mobile home Buyer should budget for fire remediation, interior rebuild, systems, flooring, kitchen, baths, possible roof/HVAC issues, utility reconnection, permits, and mobile-home replacement requirements. Bring your contractor and run your numbers. This is a true value-add land/mobile-home opportunity with strong upside for the right buyer. Call/Text Chris with HomeCove at (561) 571-9049 to submit your offer. Assignment deal. Buyer to use our title company. Proof of funds required with all offers.

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