This 4-bedroom, 1-bathroom, 1,707-square-foot pool home presents an ideal investment opportunity. Located near UNF and the Town Center, this location is hard to beat, and it is rare for properties at this price point to become available. Not only does this property have a pool, the only pool home available in this area going back a year, but it also boasts a detached garage and a large carport, perfect for an RV or boat.

This property has a roof permit from 2016, eliminating one of the major expenses for any investor. We recommend replacing the flooring, updating the kitchen cabinets and countertops, remodeling the bathroom, and adding a fresh coat of paint. The house appears to have A/C vents in certain rooms, so we also recommend installing new interior and exterior A/C units and adding ductwork to the rooms that do not have any. Lastly, we recommend having the pool and septic tank cleaned and serviced.

With these updates, we believe the ARV to be around $320,000, which is still cheaper than fully remodeled, smaller non-pool homes in the area. This would generate a potential profit of over $50,000 for an investor. This property could also be a nice rental with equity, generating positive cash flow while taking advantage of the appreciation of the prime location, especially when the final stage of the Town Center is finished. 

Another great point about this property is that the county-assessed value is $266,536, meaning a savvy investor is picking this property at a substantial discount. Do not miss out on this great opportunity. Contact your EquityPro Advisor today.