Available
$149,000(ARV: $230,000)65% of ARV

Hernando County, Brooksville, FL 34602

3 bd2 ba1,026 sfBuilt 1981

5 days ago

Gross spread$81,000

Description

CALL OR TEXT Jason or Katrina: [contact details hidden] THE NUMBERS Wholesale Asking Price: $149,000 Estimated ARV: ~$230,000 (Supported by $237K–$240K neighborhood comps) Gross Equity Spread: ~$81,000 Estimated Market Rent: ~$1,700/month EXECUTIVE SUMMARY Skip the heavy demo and permit delays—this is one of the cleanest, fastest-turn projects to hit the Brooksville market. Located on a quiet residential street in the desirable Hill 'n Dale neighborhood, this 1981 concrete block home on a slab sits just minutes from Cortez Blvd (SR-50), Mondon Hill Rd, I-75, and historic downtown Brooksville. Every major system has already been updated, the interior and exterior have been freshly painted, and the property comes loaded with brand-new renovation materials already on-site (cabinets, vanity, toilets). Whether you are looking for a rapid 30-day cosmetic flip or a low-maintenance, high-yield rental in Flood Zone X with No HOA, this deal is primed for a quick finish and immediate equity. PROPERTY OVERVIEW Address: 27189 Simona Ave, Brooksville, FL 34601 (Hill 'n Dale) Layout: 3 Bedrooms | 1.5 Bathrooms Heated Living Area: 1,026 Sq. Ft. Bonus Space: Converted carport offering an oversized workshop/utility storage room Construction: Concrete Block on Slab (CBS) Year Built: 1981 Lot Size: 8,000 Sq. Ft. (0.18 Acres) Utilities: Public Water & Public Sewer (No well or septic headaches!) Flood Zone: Zone X (No flood insurance required) HOA / CDD: NONE CAP-EX & MECHANICAL HIGHLIGHTS (THE HEAVY LIFTING IS DONE!) Roof: ~8 Years Old (Seller reported; great visual condition) HVAC: 2022 AC Condenser (Blowing ice cold) Water Heater: 2019 Unit Electrical: 150 AMP Panel Windows: Updated from original 1981 windows Paint: Recently painted inside and out SCOPE OF WORK & ON-SITE MATERIALS This is a textbook light turnaround with a short labor schedule—especially since you can utilize the new materials already sitting inside the property: Materials Included On-Site: Brand-new upper & lower kitchen cabinets, 1 new bathroom vanity, and 2 new toilets. Kitchen: Partially renovated. New upper and lower cabinets are on-site, though the current layout isn't optimal. Best play: reconfigure the layout using the existing new cabinets, then drop in countertops, a sink, and an appliance package. Bathrooms: Full bath needs a simple budget refresh—install the on-site new vanity and toilet, plus light cosmetic detailing around the existing tub/shower. Half bath (toilet/sink) just needs the second on-site toilet installed and a quick touch-up. Flooring: Living room, hallway, and primary bedroom floors are in good shape and only need a deep clean. Just add new flooring in the 2 secondary bedrooms. COMPS & ARV SUPPORT Recent renovated 3-bedroom sales right in the immediate pocket strongly support an ARV in the $230,000 – $240,000 range: Property AddressBeds / BathsSold PriceNotes27319 Dale Ave3 Bed$240,000Direct neighborhood comp6362 Enterprise Dr3 Bed$240,000Same subdivision pocket6399 Raley Rd3 Bed$237,000Supports conservative $230K+ exit TERMS & DISPOSITION Financing: Cash or Hard Money Only EMD: Non-refundable earnest money deposit required to lock up the contract Closing: Buyer pays closing costs; clear title delivered at closing Access: Contact us directly for walkthrough access and inspection times. Do not disturb the property without a confirmed appointment. CALL OR TEXT Jason or Katrina: [contact details hidden]

$/sqft vs market

This deal$145/sqft
Market median$208/sqft
Difference−30% below

Median of 7 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 feet1,026
Lot size8,712 sf
Year built1981
ConditionLight Rehab
OccupancyVacant
ParkingCarport

Systems & condition

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

Self-reported by the seller. Not inspected.

Property information

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