Florida Hard Money Deal - Active

550

5 deals

No

Tallahassee

Florida

$120,000

$20,000

$60,000

$290,000

Multi Unit/Residential- Tallahassee, FL, 32305(Leon County)

2 completely separate, single family dwellings that each have their separate driveways; added storage buildings on 2.5 acres in Tallahassee FL. Asking price is $120,000.

First is a single family dwelling which is a 1680sq ft 3bd/2ba Double Wide. The second dwelling constructed in 2020/2021 as a 1bd/1ba 600sq ft Site Built Home and 100% Legally Zoned/Permitted By Leon County Florida.

Both homes are 300+ft apart with individual Electric & Septic Systems. Water Source is Shared at moment(Well).

I renovate homes for my occupation and have for years operating as a LLC in Florida. The condition of both these homes right now is acceptable and/or liveable, as both seem to have Structurally Sound Foundations, Walls, Roofs and Nothing Leaks/No Water Damage from what I can tell. Both homes however, are severely lacking in upgrades, like old/broken appliances/lights/misc items; Aesthetics inside like bad drywall/texture/trim/painting, and absolutely NO curb appeal what so ever at moment, like skirting around homes, trash EVERYWHERE on property, and no landscaping or adequate fencing for boundaries/pets/ect.

**This Property Has Major Fix and Flip Potential OR Has Major Rental Potential**Two Full Homes just on the outskirts of the Florida's Capital City, over a acre of land a piece, a lot of privacy, and both homes honestly seem like they have really good bones, but have just been not kept up or maintained as cheaply/minimally as possible. This Property could be worth and sold for probably 3 times as much as the $120,000 the owner is asking for now just with the correct and more appealing renovations.

The estimated time frame I believe BOTH these homes and their yards could be completed and be back on the market, realistically is looking like 8 to 10 months, tops.