Bradenton Slam Dunk Condo Flip

Bradenton Slam Dunk Condo Flip

2 bed 2 bath 1304 sq ft Built in 1988 Condominium
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90
Quality of Comparables
Low High
20 /20
Level of Rehab
Heavy Light
17/20
Location of Neighborhood
Far Close
18/20
Quality of Floor Plan
Choppy Flowing
18/20
School Rating
F A
8/10
Placement in Neighborhood
Busy Calm
9/10
Property Details

Here's a slam dunk lakefront condo flip in a desirable Forty Three West community. This is the best priced waterfront condo in this community in the past 7+ years! The comps here are also great, with recent sales in the past month for over 300k. With a couple selling 275k+ that aren't updated nor on the water. We've stayed extra conservative with our ARV since we understand flippers would want as quick a resale as possible when it comes to condos. This condo is also one of the larger available floorplans as well. So within this community we have a top location, largest floorplan and the cheapest price, you can't beat it. 

We've budgeted for cosmetically updating the entire interior and the exterior front and back patios areas. This HOA has a great community with a pool, hot tub and pickleball courts! Currently it is maxed out on it's allowed units to rent, so we're marketing this as a quick flip primarily. You're not going to find a better price ever again for a unit like this in the community, don't miss out! 

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We recommend flip
Rental Income
$0 mo. / $0 yr.
Estimated Taxes
$3,904 / yr.
Maintenance
$0 / yr.
HOA Dues
$6,360 / yr.
$-11,764
Projected Income
-6.54%
Estimated APY
$56,925
Projected Income
24.42%
Estimated ROI

Comps

 
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