1502 71st St E, Palmetto, FL 34221
2 bd | 1 ba | 1,200 sqft
Year built: 1945
Lot: 9,270 sqft Double Lot on a Corner!
Just South of Tampa Bay.
Subfloor needs repairing.
Breakdown of Comps:
- 1507 E 72nd St: This house is nicely rehabbed 2/1, but is way smaller at only 850 Sq Ft, and sits on a standard single lot (ours is on a double lot).ASing $170,000
- 1103 E 70th Street Court: Sold for $173,000 on 4/30/2020. This 3/2 had very similar square footage to our subject property, but sat on a standard single lot as well. The interior was NOT renovated either.
- 6903 11th Ave E: Sold off market for $125,000 on 1/02/2020. This 2/1 has less than half of our square footage with only 616 sqft, and although it was well-kept, it was also outdated throughout.
- This neighborhood is clearly sought after. With longtime homeowners not selling, it made it difficult to find many comps, even going one year back. The three comps above are all inferior to our subject property in size, condition, and lots, but clearly show our ARV to be at least $170,000 or more.
Sitting near newer homes, this has excellent potential for new construction.
Available on 12.03.2020
Don’t let this excellent opportunity pass you by! Get it yours now!
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The sale of these properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement