Full Rehab in St Pete. Good Property.

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Full Rehab in St Pete. Good Property.

Fort Lauderdale, FL · Member since 2016 · 51 posts · 3 votes
Asking Price$89,000OccupancyVacant
Deposit Required$5,000Occupancy Notes.
Frame/CBSCBSLease Information
ARV Minimum$170,000Rental Amount
ARV Maximum$190,000Estimated Rent$1,300
Property classSingle familySecurity Deposit
Bed2Lockbox/Tenant information
Bath1Access to HouseLock box: Call for Code




ParkingNone
SQ Feet - Living Area663
Central/Wall UnitNone
Year Built1925
PoolNot Checked
Rehab Amount Min.$40,000
Rehab Amount Max.$50,000
This house needs a full rehab. It will need new flooring and drywall throughout. The roof will need to be replaced. The kitchen and bathrooms need to be fully renovated. All of electrical and plumbing will need to be redone. New windows and central AC must be installed. To finish it off, landscaping will be needed.
A perfectly located 2/1 in Historic Uptown, where prices are high and inventory is low. The house is situated on a corner lot next to a brick road. On the right/front side of the home is a 3rd room that will just need a closet installed to be completed. After a full rehab, this house will bring an impressive return!
COMPS
718 12TH AVE N SLD 163k cash to LLC .12 lot size 2 days on market
1190 8TH ST N SLD 185k Conv. .09 lot size 36 days on market
1158 8TH ST N SLD 242k Conv. .09 lot size 32days on Market

Most other houses are well over $200k and up

LOT SIZE IS .05. Comps above are close to same lot size
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  • Investor · Tampa, FL · Member since 2016 · 19 posts · 8 votes
    9y

    Can you please message me, I'd like to speak about this property and possible contract

  • Fort Lauderdale, FL · Member since 2016 · 51 posts · 3 votes
    9y

    Hey @Ken Abdullah, feel free to call me to discuss the property. 

    @Ken Abdullah

  • Agent / Investor · Clearwater, FL · Member since 2014 · 573 posts · 281 votes
    9y
    Did you mean to include a picture that shows the address written right on there.....? Makes it pretty easy to see you just won a HUBZU auction on this one and are trying to find someone else to close on it...
  • Fort Lauderdale, FL · Member since 2016 · 51 posts · 3 votes
    9y

    Appreciate the feedback Brandon. Definitely not something I'm trying to hide. But something I don't often disclose, since we do double closings. And we will close on this property ourselves. 

    We have the property under contract, and most investors are aware how wholesalers earn there living. 

    If anything, disclosing the Hubzu win, shows we price our wholesale deals very fairly. 

    Any questions please let me know. 

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