Overview
- 3 Bedrooms
- 2 Bathrooms
- 1,204 ft
- Year Built: 2011
Description
💫💎 QUICK & EASY 50K NET FLIP IN DESOTO COUNTY, FL | ACT FAST! 💎💫
🌴 Located right off of the main road Hwy 17 that runs through the heart of the city of Arcadia, this property comes on a spacious & rare .85 Acres of land. Dive into the vibrant market of Arcadia, nestled in sunny Desoto County, Florida – on the come up!
💸 Starting Price: $149k
💸 ARV: $270k
🏡 Property Details:
Single Family House perfect for your investment dreams
3 Beds / 2 Baths
1204 Sq Ft of potential
Built in 2011, modern charm meets investment goldmine
.85 Acres!
Block & Slab
📈 Profit Potential Galore:
Transform the home with your own touch for an easy $50k Net Profit Flip as Comparable homes in the neighborhood are valued between $240k – $300k, sky’s the limit!
Secure long-term gains with Buy & Hold at a +14% Cap Rate – the choice is yours! Market Rent is $1700 – $1900
📍Comps:
1142 SW Mildred St – $327k – Sold 8/23/23 [2 bed, 2 bath, Only .7 Acres, 1974 Build]
1737 SE Maple Dr – $276k – Sold 4/2/24 [3 Bed, 2 Bath, Only .5 Acres, 1972 Build]
1211 SW Anita St – $257k – Sold 3/1/24 [3 Bed, 2 Bath, 2008 Build]