Paradise Ln, Astor FL 32102

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Home needs the standard updates but doesn’t require anything high end, based on comps. The real value in this property lies in the fact that it’s the only house with a boat ramp. You can maximize value by building a boat dock as well. Roof is in impeccable condition, but the real work will lie in the addition added to the rear. There is a foundation issue which only affects that part. It’s your option to tear the addition down or to have a foundation expert bring it back to life. The house is 1,092 SF without the addition. The addition is 200 SF, so that would increase your ARV if you chose to repair the damage. Comps show great potential and value in this one!

Assignable

Est. Rehab: $55,000 +/-

Est. ARV: $275,000 +/-

Recent Area Sales / Activity:

• 55812 Lee St – 2/2, 1656 SF – Sold 12/16/2019 for $275k ($166.06 PSF)
• 56426 Water Oak Rd – 2/2, 1382 SF – Sold 1/24/2020 for $283k ($204.78 PSF)
• 24833 Bartram Rd – 2/1, 912 SF – Sold 8/9/2019 for $335k ($367.32 PSF)