NOT in MLS: 3br 2ba Block Home in Coquina Key (in Good Condition) for only $194,900! That's $80k+ BELOW Renovated Comps! (NOT a Short Sale or Foreclosure!)

4336 Elkcam Blvd SE St Petersburg FL 33705

Sale Price
Sale Price: $194,900
Estimate Repairs: $35,000
After repair value: $275,000
Equity Potential: $45,000
Description of Home
Type: Detached Home
Bedrooms: 3
Bathrooms: 2
Levels: 1
Parking: 2 Car Garage
Square Feet Total: 1793
Lot Size(Acres): 7606Sqft/.17acres
Sale Comps
4125 Barracuda Dr SE - Sold - $287,000
 
4149 Bluefish Dr SE - Sold - $267,000
 
434 Lewis Blvd SE - Sold - $265,000
 
Rent Comps
4663 Redfish Ln SE - Rented - $2,200
4126 Whiting Dr SE - Rented - $1,600
349 Dolphin Ave SE - Rented - $1,590

Additional Information

ISLAND REHAB!! This NON-FLOOD ZONE, spacious 1793sqft, 3br, 2ba, block home with a TWO car garage is located on Coquina Key. Built in 1990, this home is both newer and larger than most homes in the area. It has VAULTED CEILINGS. The AC is only ONE YEAR OLD. Roof was replaced in 2003. HUGE OPPORTUNITY for 'owner occupant' type of buyer for BIG SWEAT EQUITY as the home is in good enough condition to qualify for conventional financing! This is an EASY REHAB, perfect for the new or experienced investor looking to make BIG MONEY. Similar homes in the area are selling for $275K+ renovated, but you can purchase this one for only $194,900. That's a $80K+ spread to work with!! This home can also provide GREAT CASH FLOW for a buy/hold investor rents in the area are $1600+/month! This opportunity won't last!

Contact Person:

Greg Norman


Scan/Email contract to:

Greg@RealityREI.com

Door Directions

Disclosures

All information, including figures, are provided in good faith, but are not guaranteed to be accurate. Buyers should conduct their own due diligence. We are not agents and this is not a pocket listing. We are under contract with the title holder and considered principals in the transaction. Anyone attempting to contact the title holder will be viewed as intentional interference with a contract and legal action may be brought against you. Additionally, you will be permanently removed from our mailing list and the mailing list of other major wholesalers in the area.