1603 W 16th St, Sanford, FL 32771
This classic 1-bed, 1-bath bungalow in Sanford's historic Goldsboro neighborhood offers 864 sq ft of charm on a 6,517 sq ft lot. Freshly painted exterior, hardwood floors, and new windows in place. Ideal for those looking to add value through updates in a rapidly growing market.
Located within the Seminole County School District and just minutes from downtown Sanford, this home is zoned for Idyllwilde Elementary, Sanford Middle, and Seminole High.
Key Property Details:
Vacant with lockbox access ,Needs roof, HVAC, plumbing, and electricalFoundation is solid, Full interior renovation needed.
Recent Activity Nearby:
1603 W 16TH ST: 756 sq ft | 1/1 | Closed 12/31/2024
203 S HOLLY AVE: 800 sq ft | 1/1 | Closed 01/07/2025
Projected Value: ARV: Approx 210K
Estimated monthly rent: 1,650
Flip potential: ROI ~29%
Rent potential: ROI ~7.8%
Timeline & Terms:
Closing Date: 6/16/2024
Title: United Home Title & Escrow
EMD: 5,000 (due within 3 hours of signed agreement)
Proof of Funds: Not required
Next Steps:
Reach out to schedule a walk-through
Submit your offer
Sign assignment agreement
Lock in the deal and execute your strategy
Please Note: This is a contract assignment opportunity. All buyers must perform their own due diligence. Info provided is believed accurate but not guaranteed. Offered exclusively to experienced investors. MaliHaus Capital offers private equity lending through a private capital partner, please inquire for details.
Questions or ready to proceed? Contact George Munoz at Malihaus Capital Call 321-471-4242 | Visit www.buyerhaus.com
2 Bedrooms | 1 Baths | 1,016 ft
3 Bedrooms | 2 Baths | 1,072 ft
4 Bedrooms | 2 Baths | 1,810 ft