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!
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.