INVESTOR DREAM: ***Hurry, bring your Best Offer*** Great location / Huge Corner Lot .25 Acre / Remodeled. Yearly Gross Income $12,600 (~$50,400 for ~ 4 year remaining lease) Estimated Buyer monthly: $686 ($413(20% down, 4.35% 30 year mortgage)+$173 Ins+$100 PropertyTax) Yearly net ~$7,418 ($4,368 net income + $3,050(@3% conservative projected house price increase)) Market Recent Sold and Active Sale: 30 Holmes sold on 5/2015 at $83/sqft. 336 Holmes sold on 2/2015 for ~$92/sqft. 415 Holmes (3/2,1656sqft) sold $134,900 in 12/16/2014. 116 Holmes (active list price @ $123/sqft). Same lot size with new house right across street sold for $266,000; and its neighbor house sold $274,900 in 8/25/2015. My Neighbor house to the West (3/1.5 bath, 1200 heated sqft) bought $75,000 + ~$50,000 (upgrade) = $125,000 This house has 3+beds*, 2 baths, 1404 heated sqft with all Insulated windows except 1. All tiles floor. Fairly new remodeled and fairy new kitchen appliances and water heater. Central AC/Heat. Large corner lot with wired fence (Lot size 129 frontage x 85 depth.) *Garage converted to Bedroom 4 with walk-in closet and with AC/Heat (permitted: reflected in County Appraiser Heated Square feet.) Perfect Location for Rental or Residency: Less than 1 mile from all schools: Fort Walton Beach High School, Max Bruner Middle school, Elliott Elementary. Liza Jackson Preparatory School (May need to be in the waiting list.) Close to HomeDepot, Walgreen, Publix, Restaurants, Theatre. Soccer Field and Tennis Courts are 1 or 2 blocks away. Asking Price AS IS CONDITION: $105,000 or BO (under FAIR MARKET PRICE.) Average value neighbor's house $135,000 to $150,000. Some discount for Cash Buyer. Closing escrow at Local Real Estate Law firm. REALTORS, BRING BUYER/INVESTOR AND GET 3% COMMISSION OF SOLD PRICE. Home is being sold "AS IS with the right to inspect" Please present contract on a FAR/BAR As Is Contract... or Custom As Is contract. *** Owner motivates to sell only at $74.79/sqft list price*** PLEASE DO NOT DISTURB NOR APPROACH TENANT. PLEASE LEAVE VOICE MESSAGE (850) 362-6698, I CHECK MESSAGE OFTEN!!!
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