Available
$89,990(ARV: $180,000)50% of ARV

Santa Rosa County, Milton, FL 32583

3 bd2 ba1,620 sfBuilt 1986

18 days ago

Gross spread$90,010

Description

Important Details: --> 2018 Roof --> Rented M2M -->No HOA --> Great rental or Resale Opportunity Features: Under 90k in Milton with 1.52 acres of land! Opportunity for an investor looking to add value through targeted improvements and cosmetic updates. The roof was replaced in 2018, and the AC system was replaced in 2024, providing two key updates to the property. With new flooring, fresh paint, and general cleanup, an investor can improve the home's overall appearance and appeal. The property also offers an opportunity to enhance its outdoor space by replacing the existing deck and adding a staircase for easier access. With the right improvements, this property could be a great addition to an investment portfolio or a potential resale opportunity. Potential ARV: $170,000-$180,000 Rehab Description: The recommended improvements focus on refreshing the property and enhancing its overall functionality and market appeal. Install new flooring throughout the home, update the guest bathroom, apply fresh interior and exterior paint, and complete a thorough deep cleaning to improve the property's presentation. The deck should be replaced, and staircase recommended to improve accessibility and usability of the outdoor space. Additional minor repairs and touch-ups should be addressed as needed during the renovation process. With the roof replaced in 2018 and the AC updated in 2024, the primary focus can be on cosmetic improvements and enhancing the property's overall condition for a future rental or resale. Ideal Investment Strategy: Resale/Rental Comparable Rent: $1,300-$1,500 Construction: MH Comp 1: 5890 Twin Oaks Dr. Pace, FL 32571 3/2 1512 SQFT 1986 Build SOLD @ $160,000 12/4/25 (Clean/dated) Comp 2: 3326 Tunnel Rd. Pace, FL 32571 3/2 1140 SQFT 2008 Build SOLD @ $150,000 5/28/26 (Clean/dated) Comp 3: 7723 Old Hickory Hammock Rd, Milton, FL 32583 3/2 1152 SQFT 2024 Build SOLD @ $175,000 5/22/26 (Clean/New) Hard Money: Hard Money Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money

$/sqft vs market

This deal$56/sqft
Market median$155/sqft
Difference−64% below

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

Property

Bedrooms3
Bathrooms2
Square feet1,620
Lot size1.51 ac
Year built1986
ConditionMajor Repair
OccupancyTenant Occupied
ParkingOff street

Systems & condition

Roof age4-10 yrs
HeatingFurnace
Air conditioningCentral AC
FoundationSlab
Foundation conditionGood

Self-reported by the seller. Not inspected.

Property information

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