Toucan Pl., Clearwater, FL 33760

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Super clean Clearwater flip! Cookie-cutter house in established neighborhood should be a quick, tidy flip for a nice profit.

House is in good shape and needs primarily cosmetic updates. House needs interior and exterior paint, some updating to kitchen and baths, but it is not a total gut. Roof and flooring are in good shape. Also needs new carpet in bedrooms. Should be a simple, straightforward flip.

Going back a year you have several similar comps in your subdivision. We are very confident with our ARV of $270,000, but could definitely be more. You have one outlier comp that was a really nice rehab that sold for 330k. It did have a pool but taking this into account, I don’t think $280k would be ridiculous as an ask. The other comps have pools as well but are not rehabbed. This one is as low-risk as it gets, don’t miss it!

Rainforest, No HOA

Est. Rehab: $20,000 – $25,000

Est. ARV: $270,000 – $280,000

Recent Area Sales / Activity:

• 14659 Condor Pass – 3/2, 1618 SF – Active at $287k
• 14880 Sugar Cane Way – 3/2, 1503 SF – Active at $293k
• 14671 Sugar Cane Way – 3/2, 1633 SF – Sold 12/29/17 for $275k
• 14670 Sugar Cane Way – 3/2, 1789 SF – Sold 4/30/18 for $282k
• 14840 Sugar Cane Way – 3/2, 1694 SF – Sold 10/4/18 for $282.9k
• 14719 Banana Tree Ln – 3/2, 1941 SF – Sold 5/30/18 for $334.5k