Upside Clearwater Block Flip

Upside Clearwater Block Flip

3 bed 2 bath 1098 sq ft Built in 1969 Single Family
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72
Quality of Comparables
Low High
18 /20
Level of Rehab
Heavy Light
14/20
Location of Neighborhood
Far Close
15/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
6/10
Property Details

Located in an established Clearwater neighborhood, this property presents an attractive value-add opportunity for investors looking to capitalize on the strong demand for renovated homes. Recent fully updated sales in the immediate area have ranged from $310,000 to $377,500, with one renovated property selling in just 26 days, demonstrating continued buyer demand for turnkey inventory.

The home requires modern renovations and cosmetic updating to meet today’s market expectations, creating an opportunity for investors to add value through updated kitchens, bathrooms, flooring, and contemporary finishes. As renovated inventory continues to outperform dated homes, this project offers the ability to reposition the asset and compete with recent neighborhood sales.

Opportunities with proven comparable support and clear renovation upside remain limited in this area. Investors seeking their next flip or value-add project should act quickly, as properties with this type of spread and market support tend to attract attention from both local and out-of-area buyers. Reach out today for additional details and to evaluate whether this opportunity aligns with your investment strategy.

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We recommend flip
Rental Income
$1,850 mo. / $22,200 yr.
Estimated Taxes
$4,500 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$13,400
Projected Income
4.66%
Estimated APY
$47,320
Projected Income
14.44%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

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