Overview
- 2 Bedrooms
- 1 Bathrooms
- 1,055 ft
- Year Built: 1950
Description
We are excited to present our newest investment opportunity in the vibrant city of Clearwater, FL. For starters, the property is less than five miles from Clearwater Beach. It is currently the most affordable single-family-home available within a 1.5-mile radius. To top it all off, the property is being offered well below the county’s assessed value of $286k. This two-bedroom, one-bathroom home is a gem that offers both a stellar location and immense potential. Tucked away on a well-kept street, the property greets you with an extended driveway and detached garage.
Recent sales activity within a half-mile radius show two bedroom homes selling within a matter of days for as much as $392k. In order to maximize returns, we recommend a full rehab. This includes kitchen and bathroom updates, new vinyl flooring throughout, and a fresh coat of paint. Both the roof and AC are nearing end of life, so this is also factored into the budget. We believe this investment has great potential for short-term profit and long-term appreciation.