📍St. Augustine, Fl📍 PERFECT FLIP OPPORTUNITY IN 32086 🏝️

Description

🏚️THIS IS A GREAT RENTAL OR FLIP 🔄

Located in St. Augustine, FL 32086 🏝️ features this 3 bed 2 bath home with a ton of upside potential. This property sits on a .18 acre lot with a fenced in backyard. The garage was converted into a fourth bedroom, but this property was compped as a 3 bedroom, so there may be more room for profit. The house has been structurally maintained over the years and could be used an a great rental or get this best BANG FOR YOUR BUCK with a full rehab. There are no structural damages to the foundation but the roof will need to be replaced as it is coming close to the end of it’s lifespan. There is so much development going on in the area, so DO NOT MISS THIS OPPORTUNITY!

THE HOUSE IS CURRENTLY BEING CLEARED OUT. MORE PICTURES WILL BE PROVIDED

NO HOA

ARV- 450,000 💰

450 Gentian Dr, St. Augustine FL- 465k (Rehabbed)

⬆️MOST COMPARABLE BY SIZE AND HOME STYLE⬆️

120 Hawthorne Rd, St. Augustine FL- 415k (Rehabbed)

⬆️CLOSE BY AND 500 SQ FT SMALLER⬆️

134 Pelican Rd, St. Augustine FL – 410k (Light Update)

⬆️ 400 SQ FT SMALLER AND VERY LIGHT UPDATE⬆️

FIX AND FLIP: 🛠️ like the comps above ⬆️

Rehab Cost: 50-60k

-Demo of several walls and create an open concept 🛠️

-Drywall 📐

-Fixtures 💡

-Kitchen and Bathroom Update 🛀

-Floors (replaced or redone) 🪵

-Very minimal landscaping 🌿

-Interior/Exterior Paint 🎨

-Roof 🏠

LIGHT REHAB:

134 Pelican Rd, St. Augustine FL – 410k (Light Update)

This property above ⬆️ was a very light update.

-LVP Flooring

-Paint

-Kitchen Update

-Bathroom Update

It would take approximately 35k to bring it to that standard and you can make a quick profit.

RENTAL READY: 💸

Rental Cost: 20k or less

Interior Paint

Drywall

Cleaning

Optional Kitchen and Bathroom update