New Off Market Waterfront Block Home Under 130K- Pt. Charlotte👀

About this property

NEW Off-Market Property in Port Charlotte 914Sq Ft ARV: ~$210,000 Occupied- Vacant at Closing Built: 1972 Construction: CBS Market Rent: $1,400 Rehab / Notes Roof Permit 06/2022 AC Permit 10/2012 Flood Zone: AE This property presents a solid value-add opportunity with a waterfront setting freshwater canal and a functional layout with good potential for an investor looking to renovate and increase its market value. The home offers spacious living areas, multiple bedrooms, a dedicated kitchen, and an enclosed additional living space. The lakefront location adds appeal and potential value, while the existing layout provides a good foundation for a cosmetic update and modernization, making it suitable for a flip or rental strategy. With the right improvements, the property could appeal to both future buyers and long-term tenants. The home appears to need primarily cosmetic and interior updates, including repairing and refinishing the ceilings where the popcorn texture has been removed, fresh interior paint, and replacement or deep cleaning of the carpeting. The kitchen would benefit from updated cabinets, countertops, and finishes. Comps: 3404 DEPEW AVE - 2/2 - 1,376 sq ft sold for 290k on water w/ pool 23035 RYE AVE - 2/2 - 1,246 sq ft sold for 217k not on water 22329 NIAGARA AVE - 2/2- 1,113 sq ft sold for 147k cash CASH OR HARD MONEY ONLY!

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