🏡 Hot Investment Opportunity in Fort Lauderdale! 🌴

Description

🏡 HOT INVESTMENT OPPORTUNITY IN FORT LAUDERDALE! 🌴

🏠 3 Bed / 2 Bath
📏 Livable Area: 1,601 sqft (per tax records)
🌳 Lot Size: 7,312 sqft
🏡 Year Built: 1960 (Block Construction)

💲 Asking Price: $307,000
💰 EMD: $10,000
🔑 Close of Escrow: 8/1/24
📈 ARV: $440,000

Property Highlights:
Condition: Interior is clean but outdated, needs renovation.
Ceiling: Previous leak, no current leaks.
Windows: Older, will need replacing.
Occupancy: Property will be vacant at close.
Comparable Sales:
3010 SW 5th St: Sold for $529k on 1/24 (Remodeled, Block), 4 beds / 2 baths, 1,723 sqft, built in 1957.
341 SW 30th Ter: Sold for $475k on 4/24 (Remodeled, Block), 3 beds / 2 baths, 1,487 sqft, built in 1959.
Why Invest?
Location: Prime location in Fort Lauderdale, a highly desirable area with strong market demand.
Value Add Opportunity: With some renovation, you can significantly increase the property value and rental income.
Solid Construction: Block construction provides durability and low maintenance costs.