Gulf Access Flip in Holiday

Gulf Access Flip in Holiday

6 bed 5.5 bath 5360 sq ft Built in 1971 Single Family
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77
Quality of Comparables
Low High
18 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
18/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
6/10
Placement in Neighborhood
Busy Calm
10/10
Property Details

Our valued investors,

This is an off-market, waterfront flip opportunity in Pasco County, positioned on the Anclote River with approximately 880 feet of canal/saltwater waterfront exposure.

At $163 per square foot, it is currently the lowest-priced waterfront single-family home in the entire ZIP code compared to all available, pending, and sold homes over the last 180 days.

The property features a gunite pool, attached jacuzzi, covered dock area, boat parking potential, gazebo, covered deck, oversized garage, and large outdoor entertaining areas.

Major capital improvements are already completed, including a newer roof, updated electrical, newer water heater, newer pool pump, and commercial-style walk-in freezer/refrigerator with a brand-name cooling system. The kitchen and bathrooms also have newer white shaker cabinets and countertops, reducing the overall renovation scope.

Estimated rehab is approximately $170,000, focused mainly on cosmetic finishing, exterior cleanup, paint, landscaping, pool service, jacuzzi restoration, and overall presentation.

The value is in the rare waterfront setting, mansion-sized square footage, outdoor lifestyle features, and completed major improvements. Once finished, this property can be repositioned as a high-end riverfront estate-style home. Since this is off-market, investors have the opportunity to move before the property is exposed to the broader retail market.

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We recommend flip
$214,750
Projected Income
19.34%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

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