2551 Fentress Pl, Holiday, FL 34691
Property Overview:
- Asking Price: $190,000
- Projected Monthly Rent: $1,600–$1,800
- After Repair Value (ARV): $260,000
- Rehab Estimate: $25,000 (rental-ready upgrades)
- Living Space: 2-bedroom, 2-bath block home with 1,096 sq. ft.
- Year Built: 1971
This solid investment property comes with a new roof (installed in 2019 with permits) and plenty of potential to maximize returns. While the exterior could benefit from fresh paint and landscaping, the interior is move-in ready, requiring only light upgrades to enhance its value.
Key Features:
Interior Highlights:
- Spacious Layout: Two large bedrooms and two bathrooms, one of which has been recently updated.
- Ample Storage: Includes a large garage with extra space for tenants or buyers.
- Upgrade Potential: Minimal costs to modernize the kitchen and second bathroom, which could significantly boost the property’s value.
Outdoor Appeal:
- Screened-in Patio: A perfect space for tenants or future buyers to enjoy Florida living, adding to its rental and resale appeal.
- Lot Potential: The backyard offers room for creative landscaping or outdoor entertainment upgrades.
Why Invest in This Property?
- Strong ARV: With comparable homes in the area selling for $260,000 or more, this property offers a solid margin for short-term profits or long-term equity growth.
- Rental Demand: The projected rent range ($1,600–$1,800) ensures consistent cash flow in a high-demand market.
- Minimal Rehab: A $25,000 rehab budget is all it takes to make this property rental-ready or retail-market perfect.
Next Steps:
If this property aligns with your investment goals, let’s dive into the numbers or arrange a showing. Whether you’re looking for cash flow or long-term appreciation, I’m here to provide more details and help you make the most informed decision.
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