🏠 $100k Profit / Light Rehab / House With Fabulous Views Next to The Golf Course / Sebring FL 🏠

Description

!!! Location Location Location !!!

Incredible Light/Mid Rehab! This is a dream of any fix-and-flipper house. It’s a great find and will sell fast.

FIX AND FLIP SFH

🛌 3 BEDS
🛀 2 BATH
🏠 2,344 SQ FT
🛠️ Year Built: 2001
🏠 Lot Size: 0.302 acres

COMPS:

4879 Pebble Beach Dr, Sebring, FL 33872
Sold: On 03/05/24 for $430,000 – $214/sqft
Bed/bath: 3/2
Sqft: 2,004
Year Built: 2004

4635 Pebble Beach Dr, Sebring, FL 33872
Sold: On 03/15/24 for $415,000 – $176/sqft
Bed/bath: 3/2
Sqft: 2,357
Year Built: 2005

4650 Pebble Beach Dr, Sebring, FL 33872
Sold: On 04/29/24 for $375,000 – $154/sqft
Bed/bath: 3/2
Sqft: 2,423
Year Built: 2003

4621 Pebble Beach Dr, Sebring, FL 33872
Sold: On 05/07/24 for $385,000 – $205/sqft
Bed/bath: 3/2
Sqft: 1,876
Year Built: 1999

4634 Nadena Dr, Sebring, FL 33872
Sold: On 04/22/24 for $395,000 – $206/sqft
Bed/bath: 3/2
Sqft: 1,914
Year Built: 1998

Average price/sqft: $191
Estimated ARV: $420k – $440k

FINANCIALS ( our estimates )

ARV: $430,000
Repairs: Interior Work – $30,000
Purchase Price: $260,000
Profit after ( 10 % in closing + realtor costs ): $97k
ROI > 29%

Yearly Taxes on property: homesteaded $1,420.74
Yearly Insurance on property: $800.00
HOA: $871 yearly CDD

REPAIRS ( $30,000 ) – Light/Medium Rehab

Roof ( Condition & Age ): good 2022
HVAC ( Condition & Age ): working 2001
Hot water tank ( Condition & Age ): needs replaced 19 yo
Foundation: Good
Electrical: Good
Plumbing: Good