North Port, FL || Sarasota Flipper || 4/2 – 1600 sqft

Description

North Port, FL: A Golden Investment with Significant Upside

Property Address:
8144 Trionfo Ave, North Port, FL 34287

Financial Overview:

Purchase Price: $217,497 PRICE REDUCTION: $205K – 4/18/24

After Repair Value (ARV): $400,000
Estimated Rehab Cost: $80,000
Property Details:

Bedrooms: 4
Bathrooms: 2
Total Square Feet: 1,664
Investment Highlights:

Equity Growth: Seize the opportunity with a projected ARV of $400k, promising substantial equity post-rehab.
Space and Comfort: A 4-bedroom layout in a family-oriented community, ideal for maximizing rental or resale value.
Rehab Potential: With a strategic $80k investment in renovations, transform this diamond in the rough into a sought-after modern haven.
Market Appeal: North Port is burgeoning with potential, touted for its affordable living and charming atmosphere. Positioned in a locale experiencing steady growth, this property is not just a home; it’s a strategic investment.

Why Invest?

Location Perks: Nestled in a city with increasing demand for quality housing, ensuring long-term value retention.
Substantial ARV: At an ARV of $400k, this property offers a healthy profit margin for the astute investor.
Renovation Ready: An $80k rehab budget provides a clear roadmap for enhancements to boost appeal and functionality.