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.