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This house was flooded during the torrential downpour of Hurricane Irma and needs an investor to bring it back to its former glory. Sitting on 2 acres of land, including a pond, it will need a complete rehab and rebuild from the ceiling down. We estimate $60k in renovations (detailed breakdown below). Sales comps in the area lead us to believe that an ARV of $299k would result in a very quick sale, but you could easily list it for at least $325k, once all is said and done.
Please call for more information and to schedule a showing.
No HOA
Est. Repairs include:
- Kitchen: $10k
- Bathrooms: $5k
- Flooring: $8k
- Paint: $4k
- A/C: $3k (Outside unit only)
- Windows: $500
- Doors: $1k
- Electrical: $1k
- Landscaping: $6k
- Demolition: $4k
- Drywall: $8k
- Miscellaneous: $10k
- Total Repairs: $60k
Recent Area Sales / Activity:
19121 Lady Bug Ln – 3/2.5, 1876 sf, updated, sold for $435k
18331 S O’Brien Rd – 3/2, 2114 sf, updated, went pending in 7 days at $399k
18324 S O’Brien Rd – 3/3, 2224 sf, not updated, pending at $449k
- Address: N Cherry Lake Groves Rd, Groveland, FL 34736, USA
- Price: $165,000
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 2
- Total Square Feet: 1956
- Construction Type: Brick / Stucco
- Year Built: 1994