PROPERTY INFORMATION


Acquisition Price:
$765,000 **
Property ID:
W236539
Location:
North Port, Florida 34288
Bedrooms:
2
Bathrooms:
2
Type:
Single Family
Year Built:
2006
Listed by:
EXCEPTIONAL PROPERTIES GROUP
Contacting Adam Cooper about this property
PROPERTY DESCRIPTION
Bank Owned. 4 completed villa units and 48 vacant pads being sold together. The 4 completed villa units feature cathedral ceilings, solid wood cabinets (42 upper cabinets in kitchen), 17x17 ceramic tile in all wet areas, cast iron double-bowl kitchen sinks, Corian countertops, walk-in closets, 2 car garage, and energy saving features throughout. Each villa offers a different layout and are all ready to sell or rent. The vacant pads are ready to be built on. The original builder planned on putting in (6) six-plex buildings, (5) four-plex buildings and (2) two-plex buildings. Other amenities were to include a lake with lighted fountain, pool/cabana, sidewalks on both sides of the street. The 4 villas range in size from 1136 to 1423 square feet; the lots range from 3750 square feet up to 10,470 square feet. 2009 Taxes on the villas were $1,658.23 for the smaller units and $1,903.44 for the larger unit; Taxes on the vacant lots were between $158 and $189. There is an HOA already in place. This is an unbelievable investment opportunity.
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* After Rehab Value and Rehab Estimate are based on a Broker's price opinion, Broker is not an appraiser, please verify numbers independently.
** Does not include financing and closing cost.
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