Titusville Fix & Flip with huge detached garage - 20% NET ROI

2707 Pine Ridge Dr, Titusville, FL 32780

$186,900 After Repair Value -
$109,900 Asking Price -
$35,000 Cost of Repairs =
$42,000 Potential Profit

Property Details

Asking Price $109,900

After Repair Value $186,900

Costs of Repairs $35,000

Potential Profit $42,000

Living Area 1514 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms 0

Parking 1

Listed with Agent No

Property Description

Concrete block single family home now available in Titusville. Featuring 3 bedrooms, 2 bathrooms, and 1,514 square feet of living space. Built in 1960, this fix & flip opportunity features not only a carport but also a detached block, 650 square foot, 2 car garage that could possible be converted into a mother-in-law suite. Previous inspection on 1/22/2019 showed that the roof, water heater, sewage, HVAC, plumbing, and electrical systems are in excellent working order with no deficiencies, so we are determining that the rehab needed to bring this home to it\'s full potential will be cosmetic updates and adding your personal touches. There are a few properties that have sold recently in similar condition ranging from $104 / square foot (2,431 sqft home) to $130 / square foot (1,080 sqft home) giving this property, when finished a price per square foot of $123 / square foot giving this property a strong ARV of $186,900. Properties in Titusville are selling very fast as this region of the Space Coast is very hot.

Repairs Needed

Interior Cosmetic Updates\r\nExterior Landscaping, Cosmetics

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