Overview
- 5 Bedrooms
- 3 Bathrooms
- 2,648 ft
- Year Built: 1994
Description
π Key Features:
π Spacious Family Home: This property features 5 bedrooms and 3 bathrooms spread over 2,648 sq ft of living space, making it ideal for large families or those looking for ample space.
π§ Modern Updates = HUGE UPSIDE: The property is a prime candidate for a modern update, with an estimated rehab cost between $65,000 and $85,000.
π³ Large Lot: Situated on a 1.28-acre lot, there’s plenty of room for outdoor activities, landscaping, or additional structures.
π‘ Year Built: 1994, offering a solid structure with the potential for contemporary renovations.
πΉMarketing Highlights:
π Proximity to Amenities: Located near schools, parks, shopping centers, and public transportation, making it convenient for families and commuters.
π Growing Market: Plant City has seen significant investments in infrastructure and community development, driving property values up.
π High Rental Demand: The area has a strong rental market, particularly for larger family homes, making this an excellent buy-and-hold opportunity as well.
π Easy Commute: Close to major highways for easy access to neighboring cities and business hubs.
π Investment Potential:
π High Demand Area: Plant City is experiencing growth, with increasing property values and a steady demand for large family homes.
π Average Time on Market: Properties in this area typically stay on the market for around 45 days
π Estimated Profit: With the given ARV and rehab cost, investors can expect a significant profit margin.
π¨ Estimated Rehab Cost: Estimated between $55,000 and $85,000.
π‘ ARV Price Per Square Foot: Approximately $245 – $283 (based on comps).
π° After Repair Value (ARV): $650,000 – $750,000 based on current market trends and comparable sales in the area.
π Comparable Sales:
3307 Carson Oaks Ln
5006 W Sam Allen Rd
5304 Stafford Rd
3115 N Forbes Rd
4902 Thonotosassa Rd