Englewood Block Flip

Englewood Block Flip

3 bed 2 bath 1456 sq ft Built in 1962 Single Family
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80
Quality of Comparables
Low High
18 /20
Level of Rehab
Heavy Light
12/20
Location of Neighborhood
Far Close
18/20
Quality of Floor Plan
Choppy Flowing
16/20
School Rating
F A
8/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Prime Beachside Flip Opportunity – Less Than 2 Miles from the Gulf

Here’s a strong block construction investment opportunity just 5 minutes from the beach. This property already has several major improvements completed, making it an excellent candidate for a flip, long-term rental, or short-term rental.

The home features a brand new 2024 roof and improved curb appeal. Importantly, the property did not sustain any flood damage during the last hurricane and sits in AE zoning.

Due to a previous main water line break that caused water intrusion beneath the home, the property underwent significant structural reinforcement. To ensure long-term stability, 13 steel supports were drilled into the bedrock, and new foundation foam was installed beneath the entire house, resolving the major structural concerns.

With the heavy lifting already handled, the remaining scope is primarily interior renovation, including:

  • New flooring

  • Kitchen remodel

  • Bathroom renovation

  • Drywall repairs

  • Minor electrical updates

  • New water heater

This property offers strong upside potential, and we have remained conservative on the ARV, as smaller homes in the immediate area are selling for even higher prices.

Located under 2 miles from the beautiful white sand Gulf beaches, this is a prime location that supports high resale value and strong rental demand.

Don’t miss this opportunity to capitalize on a well-located beachside investment with major structural items already completed.

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We recommend flip
Rental Income
$1,950 mo. / $23,400 yr.
Estimated Taxes
$1,649 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$17,251
Projected Income
8.85%
Estimated APY
$47,500
Projected Income
20.88%
Estimated ROI

Comps

 
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