Holiday FL | TEAR DOWN LAND DEAL | ASK 25k ARV 200k

This land assignment opportunity in Holiday, Florida offers an approximately 6,011 square foot lot at an assignment price of $30,000 plus closing costs, with an estimated ARV of approximately $200,000. The existing home sustained extensive damage from two consecutive hurricanes; per the seller, FEMA determined that repair costs exceed the home's value, and the county is requiring demolition since any rebuild must comply with current elevation requirements. The structure has already been partially demolished down to the frame, and the proposed exit strategy is to complete the demolition and place a new mobile or manufactured home on the lot, subject to local zoning, permitting, elevation, and placement requirements. This presents significant value-add potential through redevelopment. The property is sold as-is, and a $2,500 earnest money deposit is required.