Stellar Tampa Pool Flip

Stellar Tampa Pool Flip

4 bed 2 bath 2237 sq ft Built in 1981 Single Family
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64
Quality of Comparables
Low High
16 /20
Level of Rehab
Heavy Light
11/20
Location of Neighborhood
Far Close
15/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
2/10
Placement in Neighborhood
Busy Calm
5/10
Property Details

Presenting a property that ticks all the boxes. This pool home is offered below the tax-assessed value of $368,000, and is the lowest price per-square-foot pool home currently available in all of Tampa, FL. Nestled in the charming Palm River Village community, the convenient location presents easy access to all points in Tampa Bay via the Selmon Expressway, I-275, I-4, and I-75. 

The concrete-block home offers a spacious layout with 4 bedrooms and 2 bathrooms. Features include an attached two-car garage, an enclosed in-ground pool, and a fully fenced yard. The oversized lot spans over a quarter of an acre. To maximize resale value, we recommend a complete rehab, including replacing the roof and HVAC. 

Inventory for pool homes is scarce in this area with only five active listings within a three-mile radius ranging from $585,000 – $789,000 in list price. Similarly-styled pool homes in this zip code are breaking $500,000 in sales price. Several comps have recently sold for $227 – $267 per square foot, supporting our projected ARV of $499,000. Take advantage of these strong indicators and seize the opportunity. Contact your EquityPro Advisor today for more information.

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We recommend flip
Rental Income
$2,600 mo. / $31,200 yr.
Estimated Taxes
$4,420 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$21,560
Projected Income
5.97%
Estimated APY
$66,705
Projected Income
15.40%
Estimated ROI

Comps

 
Listed
 
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Sold

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