17th St, St Cloud FL 34769

This home is a gem located in the highly desired city of Saint Cloud. The home is currently tenant occupied but will be vacant before closing. This is 3 bedroom, 2 bathroom home on a large, fenced corner lot. It features an open floor plan and had the garage converted into the third bedroom. Once a closet has been added, you are looking at an additional 208 square feet, bringing it to a total of 1248 SF. Comparing it to other homes in the area, including those without garages, you’re looking at an ARV of 205k-215k, depending on quality of the rehab.

The property will need the front siding redone to remove the garage door, in addition to a new roof. The rear portion of the roof had repairs done and there are no active leaks, but it would be safe to fully replace. A/C is in great condition but I do not have confirmation on the age. Overall cost for rehab shouldn’t be more than 35k on the high-end. The home will show well and sell quickly on the retail market.

St. Cloud, No HOA

Assignable

Est. Rehab: $30,000 – $35,000

Est. ARV: $205,000 – $215,000

Recent Area Sales / Activity:

• 1415 Maryland Ave – 3/2, 970 SF – Sold 9/18/19 for $179k ($184.54 PSF)
• 318 18th St – 3/2, 1260 SF – Sold 10/4/19 for $190k ($150.79 PSF)
• 400 James Pl – 3/2, 1232 SF – Sold 12/31/19 for $195k ($158.28 PSF)
• 1719 Orange View Way – 3/2, 1462 SF – Sold 11/26/19 for $202k ($138.17 PSF)
• 1612 Michigan Ave – 3/2, 1508 SF – Sold 1/24/20 for $230k ($152.52 PSF)