Start the year by acquiring this block house in the desirable community of Clearwater, FL. This property is not in a flood zone and has been well maintained by the current owner for the past ten years. The home is within walking distance of several public parks and just one mile from a Publix shopping plaza. The ideal location is appealing to both potential tenants and first-time buyers.

This home features a split floor plan with 3 bedrooms and 2 bathrooms. The fully fenced-in yard includes a spacious screened-in porch. Recent improvements include HVAC replacement in 2020, the carpet was pulled out of the bedrooms, and a fresh coat of interior paint applied. We recommend a complete cosmetic update and replacing the roof to maximize resale value. 

Comparable sales activity in this area shows three-bedroom homes of a similar size and style recently selling for northward of $400,000. One comparable is nearly identical to the subject property and sold above list price for $395,000. Outdated three-bedroom homes with one less bathroom have sold for as much as $345,000. These indicators point to immediate equity and the potential for strong returns. 

Opportunities at this price point are hard to come by in this area. Contact your EquityPro Advisor for more information.