Subto Deal in Barefoot Bay, FL 32976

$40,000

Beds

Baths

1,065

Sq ft

1985

Year built

$159K spread

About this property

Property Details

Address: 478 Dolphin Cir, Barefoot Bay, FL 32976
Bed/Bath: 2 Bed / 2 Bath
Square Footage: 1,065 sqft
Year Built: 1985
HOA Restrictions: HOA Finalizing Restrictions
Multi-Unit: No

Features + Amenities

Furnished: No
Pool: No
Tenant Occupied: N/A
Monthly Rent: N/A
Est. Repairs: N/A

Financing Details

Entry Fee (17.6%): $35,000 + CC + TC
Purchase Price: $40,000
Subto Terms
Mortgage Balance: $163,606.08
Rate: 6.38%
PITI: $1,621

Monthly Payments

PITI: $1,621.00
HOA: $63.00
Total Monthly: $1,684.00

Exit Scenarios

Est. Average LTR: $1,761
Est. Average STR: $2,842

Additional Details

New 2023 Roof with transferable warranty
New tankless W/H
Enclosed room can be used as a bedroom or office
New Samsung Washer & Dryer

Property snapshot

Layout2 Bed / 2 Bath

Living area1,065 sq ft

Year built1985

Property typeCommercial

CountyBrevard County

Deal details

Asking price$40,000

ARV estimate$198,606

Spread (ARV − asking)$158,606

Brought to you by

Ms. Meriam Aberri

Miami Off-Market Deals

+1 (305) 762-9521 office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking

$40K

ARV est.

$199K

Spread

$159K

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