Edgewater Pool Flip

Edgewater Pool Flip

3 bed 2 bath 1559 sq ft Built in 1986 Single Family
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67
Quality of Comparables
Low High
13 /20
Level of Rehab
Heavy Light
6/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
7/10
Placement in Neighborhood
Busy Calm
9/10
Property Details

Here's an opportunity to capitalize on a premium asset with several profitable exit strategies. This home offers 3 bedrooms and 2 bathrooms, a two-car garage and a pool. This property sits on a .34-acre corner lot in a quiet and quaint area of Florida Shores in Edgewater, FL. The city is known for its proximity to beaches and outdoor lifestyle.

We recommend a comprehensive renovation, including updates to the kitchen, bathrooms, fixtures, interior and exterior paint, and flooring. Additionally, we suggest installing a new roof, water heater, and HVAC system. To ensure the property is fully updated, we also recommend addressing the electrical system, replacing the pool pump, and refilling the pool with water. 

Don't miss out on this opportunity, priced well below the assessed value. It also shows solid numbers on both a flip and rental strategy. Contact your EquityPro Advisor for details today.

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We recommend flip
Rental Income
$3,000 mo. / $36,000 yr.
Estimated Taxes
$5,293 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$26,407
Projected Income
9.59%
Estimated APY
$46,351
Projected Income
14.32%
Estimated ROI

Comps

 
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