Overview
- 4 Bedrooms
- 3 Bathrooms
- 7,101 ft
- Year Built: 1949
Description
π‘β¨ MILLION DOLLAR MANSION AT A DISCOUNT”BAYBERRY BLISS”
– 216 BAYBERRY DR, FORT LAUDERDALE, FL 33317 π΄π
π° SALE PRICE: $880K
π‘ ARV: $1.3M
π§ REPAIRS: $120K
πΌ PROFIT MARGIN: $300K
π SQ FT: 7,101
π³ LOT SIZE: 43,665
π΄π‘ City, State, Zip: Fort Lauderdale, FL 33317
π Address: 216 Bayberry Dr
ποΈπ Bed/Bath: 4/3
π Year built: 1949
π Sq Ft: 7,101
π³ Lot Size: 43,665
π° Cash or Creative: CASH
π² Purchase Price: $880k
π Do YOU have this under contract? YES
πΌ Assignment Fee: $20K INCLUDED IN ASKING PRICE
πͺ TENANT STATUS: VACANT
π° TOTAL ENTRY FEE: TOTAL CASH PURCHASE $860k πΌ
π΄π‘ PROPERTY HIGHLIGHTS π
Fantastic opportunity to own over an acre in Historic Plantation. π‘ (One of the most sought-after neighborhoods in Broward) Less than 10 minutes to downtown Ft Lauderdale! π
Over 4000sqft of living space, including a huge master suite, additional master that can be used as in-law, wet bar, Florida room, dining, and much more! ποΈπ
Yard is absolutely massive, with 8 mango trees, lychee tree, and plenty of room to expand and/or build more. π³πΌ
Custom pool and outdoor area are perfect for entertaining! πββοΈπ Quiet street and fantastic neighbors! π‘π«
πΈπ₯ Photos/Videos – Download from Zillow
β HOME JAB LINK – Not available this time
β INVESTORLIFT LINK – Not provided
ποΈπ COMPS in the Area:
SALES COMPS AND DATES:
5 bd/7 ba/5,705 sqft 6221 Almond Ter, Plantation, FL 33317 π° Sold: $2,300,000 π Sold on 01/12/24
4 bd/3 ba/7,455 sqft 5921 Banyan Ter, Plantation, FL 33317 π° Sold: $1,400,000 π Sold on 08/17/22
5 bd/4 ba/3,460 sqft 120 N Bel Air Dr, Plantation, FL 33317 π° Sold: $1,340,000 π Sold on 03/28/24
6 bd/4 ba/3,714 sqft 6001 Almond Ter, Plantation, FL 33317 π° Sold: $1,250,000 π Sold on 05/31/23
5 bd/3 ba/3,392 sqft 224 E Acre Dr, Plantation, FL 33317 π° Sold: $1,080,000 π Sold on 08/16/23
ZILLOW RENTAL COMPS:
π² $18,000/mo – 7 bd/4 ba/3,383 sqft 1960 SW 51st Ter, Fort Lauderdale, FL 33317 π House for rent
π² $13,000/mo – 5 bd/3 ba/5,041 sqft 621 E Tropical Way, Fort Lauderdale, FL 33317
π² $14,000/mo – 6 bd/3 ba/2,548 sqft 1941 SW 52nd Ter, Plantation, FL 33317
π² $10,000/mo – 4 bd/4 ba/3,569 sqft 5820 Palm Tree Rd, Plantation, FL 33317
π°πΌ Rental Projections:
Short-Term Rental (STR): $15,000 per month EACH UNIT
Long-Term Rental (LTR): $10,000+ per month
π‘π Delivered Vacant: Ready for immediate occupancy and income generation!