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Putnam County · San Mateo, FL 32187

San Mateo FL | FULL REHAB FLIP | ASK 75k ARV 215k

$80,000
1
Beds
3
Baths
1,188
Sq ft
1918
Year built
$135K spread

About this property

Assignment Opportunity - 259 FL-100, San Mateo, FL 32187

Assignment Price: $80,000 + CC Estimated ARV: $215,000 Exit Strategy: Flip

Property Details

Address: 259 Florida 100, San Mateo, Florida 32187 Property Type: Single Family Home Year Built: 1918 Square Footage: 1,188 sq ft Lot Size: 25,265 sq ft Bedrooms / Bathrooms: 1.5 Bed / 3 Bath Occupancy Status: Owner Occupied Parking: Detached Garage

Rehab Overview

Condition & Rehab Description: Value-add flip opportunity requiring a moderate renovation. The property needs electrical work, a kitchen replacement, drywall repairs, and cosmetic updates throughout. The roof may also need replacement or significant repair. With a large lot and strong spread between acquisition cost and ARV, this presents an attractive project for investors seeking a medium rehab.

Big Six

  • Roof: Likely needs replacement or significant repairs
  • Foundation: No known issues reported
  • Electrical: Requires repair and updating
  • Plumbing: No known issues reported
  • Property & Deal Notes
  • Strong ARV of approximately $215,000 Large 25,265 sq ft lot Detached garage Significant value-add opportunity Owner occupied property Attractive spread for investors and flippers

& BOMBICH LLC FOR A SHOWING TODAY

  • PROPERTY SOLD AS IS | EMD $2,500 REQUIRED

Property snapshot

Layout1 Bed / 3 Bath
Living area1,188 sq ft
Lot size25,265 sq ft
Year built1918
Property typeLand
CountyPutnam County

Deal details

Asking price$80,000
ARV estimate$215,000
Spread (ARV − asking)$135,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$80K
ARV est.
$215K
Spread
$135K
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Ms. Meriam
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