Kick off the final quarter of the year with an incredible value-add opportunity in Holiday! This property is being offered for more than $60,000 below its current tax-assessed value of $233,000 and is positioned as the lowest-priced pool home in all of Holiday.
This hidden gem features block construction, 2 full bedrooms, 2 full bathrooms, an in-ground pool, and an attached one-car garage. Although county records reflect 1.5 bathrooms, the home features two full bathrooms. The garage is a bonus in this coastal market, offering valuable storage for boats, fishing gear, and other recreational toys.
We recommend a comprehensive renovation from top to bottom, including roof and HVAC replacement, interior updates, pool resurfacing, and improvements to the pool deck and outdoor area to maximize resale value and rental appeal.
According to the current market snapshot, only three other pool homes are available in the Holiday Estates neighborhood, creating an opportunity to capitalize on limited competition. Renovated properties in this community can attract strong buyer interest and sell quickly when priced competitively. Rental comps indicate potential monthly rents exceeding $2,000, making this property worth evaluating as a long-term or short-term rental, subject to applicable local regulations. With no HOA, investors have additional flexibility when considering with multiple exit strategies.
Whether you're targeting a profitable fix-and-flip or a buy-and-hold investment, this property offers multiple ways to create value through strategic renovations while capitalizing on the appeal of an affordable Florida pool home.
Opportunities with this combination of features and price positioning don't come around every day.
Contact your EquityPro Advisor today for additional details and to express serious interest!