Sarasota (South Gate) Block Home - Light Rehab!

$380,000

Beds

Baths

1,894

Sq ft

1960

Year built

25% ARV upside$115,000 gross margin

About this property

Reach out to David at 941-666-7898 for more info! 2 Beds/ 2 Baths / 2 Car Garage Living Area: 1,214 aqft (Per tax records) Build: 1960, Block Lot: 10,000 sqft COE: on/before 6/24 Financials: Starting Price: $360,000 ARV: $475,000 EMD: $10,000 Rehab: Currently a 2/2 (can be a 3rd bed if desired). All PGT impact windows AC 2023 roof 2010 Clean interior, could clean out and relist, or do cosmetics to chase full ARV Flood Zone X Comparables: 2912 Pinecrest Way, Sarasota, FL 34239 - sold 440k 2837 Woodcrest Dr, Sarasota, FL 34239 - sold 460k Great Investment Potential: This property is priced significantly below market value with a great spread to work with, offering a substantial opportunity for profit.

Property snapshot

Layout2 Bed / 2 Bath

Living area1,894 sq ft

Lot size0 sq ft

Year built1960

Property typeLand

CountySarasota County

Deal details

Asking price$380,000

ARV estimate$475,000

Spread25% upside

Gross margin$115,000

Brought to you by

Ms. Meriam Aberri

Miami Off-Market Deals

(754) 333-0132 ms.meriam.miami@gmail.comBrickell, Miami, FL

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The numbers

Asking

$380K

ARV est.

$475K

Spread

25%

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