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Updated over 7 years ago, 07/11/2017

User Stats

978
Posts
39
Votes
Foster Algier
  • Investor
  • Orlando, FL
39
Votes |
978
Posts

Largo Flip Close To Beaches!!

Foster Algier
  • Investor
  • Orlando, FL
Posted

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

8th Avenue SW, Largo, FL 33770

INVESTMENT: $84,000

ARV: $150,000 +/-

Rent: $900-1,200/month +/-

Rehab: $35,000 +/-

2 Bedrooms 1 Bath

875 SqFt

Built: 1954

Construction: Block

HOA: $0

Here is a nice flip near Clearwater in a great area close to schools, malls, beautiful parks and less than 5 miles away from gorgeous beaches. There is a 2 bedroom on the same street and close to the same size that recently sold for $151K without being updated. There are plenty of comps for 2 bedroom homes in this area and as you can see from the time they take to go pending they are selling very quickly. This is the least expensive single family home in the area by over $40K. It will need a full rehab but the numbers work. It's a small house, so you should be able to keep the costs down.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services

Offering