Beautiful Brick Home on 0.5 acres of land
Gulf Breeze, Florida
NA
Listings Stats
Published:
Jun 21, 2024
Last Edited:
Jun 26, 2024
Listing Type:
Wholesale
Listing Status:
No Longer Available
Number of Views:
300
Days On Flippery:
139
Number of Favorites:
0
The Numbers
Buy It Now Price:
$400,000
Asking Price ($):
$395,000
After Repair Value:
$550,000
Est. Cost of Repairs:
$65,000
Est. Gross Profit:
$90,000
Description of Property
Description of Repairs
Home will need:
- New roof (due to age)
- New AC (due to age)
- Potentially a new water heater (due to age)
We suggest the following cosmetic rehab:
- Keeping the marble tile floor
- Keeping the cabinets/vanities
- Replacing all Countertops
- Reglazing the Tubs
- Changing all sinks and faucets
- Replacing Carpet Flooring
- Paint Throughout
- Replacing non-stainless steel Appliances
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Access:Message Me
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Build Year:2004
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Home Area(sqft):2,772
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Bedrooms:4
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Heating:Heat Pump
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Fireplace:Yes
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Water:City
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Property Type:Single Family Residence
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Occupancy:Owner Occupied
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Lot Size(acres):20038
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Bathrooms:2
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Cooling:Central A/C
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Foundation:Slab
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Sewer:Septic
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Parking:Attached Garage
The Numbers
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Asking Price ($):$395,000
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As-Is Price/Sq Ft:$144.30
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Est. Cost of Repairs:$65,000
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After Repair Value:$550,000
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ARV Price/Sq Ft:$198.41
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Est. Gross Profit/Equity:$90,000
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Price Negotiable?:No
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Purchase Option:Cash, Hard Money,
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Est. Mthly. Rental Rate:$3,200
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Earnest Money Deposit:$6,000
Comparables
No info given
Closing Details
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Closing Attorney / Title Company:Locklin Saba Locklin Jones
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Target Closing Date:July 19, 2024
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Details:Buyer to pay all closing costs.
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