Block Sarasota Flip or Cash-Flow 29th St. Sarasota, FL. 34234
Property Detail
Type
Single Family Home, **SOLD** Status
Flip, **SOLD**, Cash Flow Location
Florida
Sub Location
Sarasota
Price
$59,900
Sq. Ft.720Bedrooms2Bathrooms1ARV$105k - $120kRent/mo$1,150+/-Rehab$40,000+/-GarageCarportPoolNoneTaxes/yr$760.23Lot Size (Acres)0.116ConstructionBlockWaterfrontNoneYear1960SubdivisionNewtown HeightsHOA Fees/mona
Property Description
This is a solid concrete block single-family home that sits on a 5,000 sqft lot in the Newtown Heights neighborhood of Sarasota. The total living area is 720 sqft with a grand total of 1,113 sqft with 2 beds / 1 bath. There is an attached roof overhang/carport for 1 car and another room attached to the left side of the house with washer and dryer hook-up.
This is a complete rehab. However the roof was recently replaced. The slab foundation and concrete construction is solid and in great condition, no cracks anywhere. There were roof leaks above the living room and one of the bedrooms before the roof was replaced so there are a couple holes in the ceilings that will need to be fixed or replaced.
RETAIL COMPS:
1682 22nd St., Sarasota, FL 34234
Heated Area: 720 SqFt
Sold Date: 06.07.2019 // Sold Price: $105,000 // Price per SqFt: $146
2831 Maple Ave., Sarasota, FL 34234
Heated Area: 756 SqFt
Sold Date: 01.29.2019 // Sold Price: $127,000 // Price per SqFt: $168
AS-IS COMP:
2924 Goodrich Ave., Sarasota, FL 34234
Heated Area: 864 SqFt
Sold Date: 11.06.2018 // Sold Price: $70,000 // Price per SqFt: $81
RENTAL COMP:
1112 57th Ave E., Bradenton, FL 34203
Heated Area: 936 SqFt
Rent per Month: $1,300