Oak Island Rd., Belle Isle, FL 32809

REDUCED!

Price WAS: $314,000

Now: $303,000!

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Dream project with tremendous upside in Belle Isle! This is a flip in need of major repair and upgrades, but sky is the limit to your potential equity! House sits on a gorgeous street in the heart of Belle Isle surrounded by million dollar homes.

This one is an interesting one, and in need of major rehab. Right off the bat it needs a new roof.  Has 2 AC handlers that are in great shape! Other items of need are: floors, paint, kitchen, baths, landscaping & pool work, as well as some work on the pool screen. The layout is very funky and you will need to address that as well. There is a separate 2/1 in the back that will need kitchen and bath updates as well as AC. Essentially this house is looking for a seasoned investor with a vision.  You will mostly need to gut this and start over, but we budgeted for that rehab.

Even with a total gut and remodel, there is so much upside in your ARV that you could easily clear $100k in equity! You’ve got all the intangibles you need for such a play, including location, pool/hot tub area, size of lot/yard and zip code. Call for access today!

Pleasure Island, No HOA

Assignable

Est. Rehab: $100,000

Est. ARV: $525,000

Recent Area Sales / Activity:

• 5205 Oak Island Rd – 2/1, 1125 SF – Listed for $259k
• 5121 Pleasure Island Rd – 3/3, 2096 SF – Listed for $309k
• 2807 Hoffner Ave – 4/2.5, 2472 SF – Listed for $664.9k
• 2501 Kissam Ct – 5/4.5, 4084 SF – Listed for $729k
• 5121 Oak Island Rd – 3/2, 1582 SF – Pending for $250k
• 2206 Hoffner Ave – 3/2, 1260 SF – Sold 12/16/16 for $291.4k ($231.27 PSF)
• 2808 Montmart Dr – 3/2.5, 2630 SF – Sold 5/31/17 for $315k ($119.77 PSF)
• 2118 Hoffner Rd – 4/3, 2800 SF – Sold 8/11/7 for $460k ($164.29 PSF)
• 2510 Oak Island Pte – 5/4.5, 4442 SF – Sold 6/15/17 for $750k ($168.84 PSF)
• 2542 Oak Island Pte – 4/3.5, 3965 SF – Sold 7/21/17 for $775k ($195.46 PSF)