Wholesale Retail Fix And Flip Turnkey Owner Financed

Under $200K – Suwannee River Investor Special- STR Potential

23 SE 217th St, Old Town, FL 32680

$300,000 After Repair Value -
$199,000 Asking Price -
$20,000 Cost of Repairs =
$81,000 Potential Profit

Property Details

Asking Price $199,000

After Repair Value $300,000

Costs of Repairs $20,000

Potential Profit $81,000

Living Area 1320 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent Yes

EPI (Estimated Potential Income)

Potential Rental Income $40,000

Yearly Expenses $4,000

Property Taxes $850

Net Operating Income N/A

Cap Rate N/A

Property Description

Welcome to your opportunity in Suwannee! Situated on a spacious .49-acre lot, this 2-bedroom, 2-bath block home offers strong potential as a vacation rental, weekend getaway, or income-producing property.

The home features an open living space with quartz countertops, plus an additional bonus living area that allows for flexible use or future customization. Outside, the property includes a pole barn, outdoor entertaining space, and a finished shed that can be used for additional sleeping—ideal for maximizing rental potential.

Located less than 0.25 miles from Miller’s Marina and Boat Ramp, this property is perfectly positioned for boating, fishing, and attracting short-term rental guests. Additional features include boat parking, multiple pole barns, and RV hookup.

Photos reflect the home prior to the hurricane. The property sustained no structural damage. Interior renovations are currently underway, including plastering and updates to the kitchen and bathrooms. Updated photos are available upon request.

Whether you\'re looking to fix, rent, or create a coastal retreat, this property offers a rare opportunity in a highly desirable river-to-Gulf location. Value-add opportunity with renovations already started.

Sold as-is. Great opportunity for investors seeking value and upside potential.

Repairs Needed

cosmetic repairs, no structural repairs needed

CONTACT LISTING OWNER

Ashley Weseman

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