Tampa Flip under $80k E Annona Ave. Tampa, FL. 33612
This is a 3/2 single family home in the Tampa Overlook subdivision of Tampa. It has a heated area of 1,152 sqft sitting on a 10,018 sqft lot.
This is a complete rehab. Both the tile in the living areas and the carpet in the bedrooms need to be replaced. There is central AC but it will need to be replaced along with the roof. The kitchen and bathrooms will need renovations and there is a 16 x 8 shed on the property that will need some work done to it. There is some drywall work needed but you could salvage most of the walls if you apply fresh paint over them.
The comps in this neighborhood are typically selling in the $135-$145/SQFT range which makes the ARV between $155k-$165k. With this being frame construction $140k – $150k is a fair ARV with the potential for much higher returns.