Available
$28,000(ARV: $275,000)10% of ARV

Citrus County, Citrus Springs, FL 34434

3 bd2 ba1,557 sfBuilt 2023

4 days ago

Gross spread$247,000

Description

A newer construction home available on a Subject-To structure with a low upfront entry. Perfect for investors looking to acquire a quality asset without obtaining new financing. ━━━━━━━━━━━━━━━━━━━━━━ PROPERTY DETAILS Address: 10150 N Sabre Dr, Citrus Springs, FL 34434 • 3 Bedrooms • 2 Bathrooms • 1,557 Sq Ft • Built in 2023 • Single-Family Residence • No HOA • Vacant • No Pool • Unfurnished ━━━━━━━━━━━━━━━━━━━━━━ PURCHASE DETAILS Mortgage Balance: $289,623 Required Entry Fee: $28,000 Closing Costs Transaction Costs Entry Percentage: 6.56% ━━━━━━━━━━━━━━━━━━━━━━ SUBJECT-TO TERMS Existing Mortgage Balance: $270,622.90 Interest Rate: 6.94% Monthly PITI: $2,035.39 Total Monthly Payment: $2,035.39 ━━━━━━━━━━━━━━━━━━━━━━ INCOME PROJECTIONS Estimated Long-Term Rent: $1,912/month Estimated Short-Term Rental Income: $3,117/month ━━━━━━━━━━━━━━━━━━━━━━ PROPERTY CONDITION • Built in 2023 • No known repairs required • Move-in ready • Minimal maintenance expected • Excellent opportunity for a long-term hold or short-term rental strategy ━━━━━━━━━━━━━━━━━━━━━━ INVESTMENT HIGHLIGHTS • Newer construction (2023) • Low entry into an existing mortgage • No HOA restrictions • Subject-To financing in place • No major capital expenditures anticipated • Ideal for investors looking to preserve financing capacity • Strong potential for appreciation in a growing Florida market ━━━━━━━━━━━━━━━━━━━━━━ CONTACT Mike Graham NexKey Collective [contact details hidden] For additional details, financing information, walkthrough instructions, or to submit an offer, please contact Mike Graham.

$/sqft vs market

This deal$18/sqft
Market median$145/sqft
Difference88% below

Median of 6 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,557
Lot size25,003 sf
Year built2023
ConditionTurn Key
OccupancyOwner Occupied
ParkingGarage

Systems & condition

Roof age4-10 yrs
HeatingFurnace · 0-5 yrs
Air conditioningCentral AC
FoundationSlab
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing102
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