Milton, FL 💥 Deeply Discounted Off Market Big Spread Flip or Perfect BRRRR Opportunity

Description

💥 Off Market Property for Assignment in Milton, FL 💥
Deeply Discounted – Big Spread Flip or Perfect BRRRR Opportunity – Large Lot Size

📍Property Overview:

Size: 920 sqft

Year Built: 1960

Lot Size: .58 Acres

Layout: 2 Bedrooms / 1 Bathroom

Roof: needs replacing

HVAC: window units, most likely need replacing

Status: Occupied, vacant at closing

Closing Date: On or Before June 3, 2024

💰 Financials:

Asking Price: $49,900 plus closing costs

After Repair Value (ARV): $150K – 170k (Comps sold around $175/sqft)

Long-Term Rental Rates: $1250-$1450

2Br Section 8 Rent: $1278/mo

3Br Section 8 Rent: $1747/mo (If extra bedroom added)

EMD: 5k

🌟 Location Highlights:
Santa Rosa Medical Center: 5 min
Publix Supermarket: 3 min
Milton Airport: 10 min
Pensacola International Airport: 30 min
Downtown Pensacola: 25 min