Saint Cloud Flip on Just Under 2 Acres! Rockwood Dr., Saint Cloud FL Pending

  • $185,000
  • 3 beds
  • 2 baths
  • 1,873 sqft

This is the perfect investment opportunity if you’re looking to to take advantage of the current growth in St Cloud. It sits on a huge 2 acre lot with mature trees. The home is in good shape with plenty of space to work with. It will need full update, but roof was done in 2013 and A/C just last year.

Comps are not the easiest because of the area, but you have multiple manufactured/mobile homes selling/pending, in the area,  not rehabbed for 98/sf and 141/sf.  You have a 2800 sfr that is pending for 355k.  It is not rehabbed and on similar size lot.  We had to use our best judgement but feel a nicely rehabbed home would go for no less than $265k, but could definitely be more.  Our house has 1,873 sf.


ARV:  $265,000+/-

Rehab:  $35,000+/-

Taxes/yr:  $1,001

Subdivision:  New Eden

 

Price:
$185,000
Address:
Rockwood Drive
Saint Cloud, Florida 34771
Square Feet:
1,873
Lot Size:
1.9 Acres
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1981
Const. Type:
Block

Call 321-766-9338 for more details

Property Location