This house has awesome potential and is less than 2 blocks from the beach! The second floor has its own outside entrance and is a complete 3 bedroom / 1 bath with a kitchen and living area, so it can be a rental or an Air BNB! Using the active average of the listings in a ½ mile radius the average sq ft listed is $240.00 per sq ft. X 1188 = $285,000 list price Using the 2 sold comps per sq ft price sold is 199.99 X 1188 = ARV of $236,000 At 1.56 pr ft X 1188 = $1850.00 monthly rent!
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