Quick Tampa, FL 33612 Purchase: 215k.

2 Beds / 2 Baths • 1,000 SqFt
Offer Submission Deadline
  • Single Family House
  • 2
  • 2
  • 1943
  • 1000
  • No Garage

Description

10009 Florence Ave, Tampa, FL 33612

Deal Numbers (your terms)

  • Purchase: 215k
  • Rehab: 30k
  • Buy closing: ~3% = 6.45k1000
  • All-in basis: ~251.45k
  • ARV (target): 298k–325k
  • Sale costs (flip): 6%

Flip Profit (before holding/financing)

  • ARV 298k: Net 280.12k → +28.67k profit (~11.4% ROI)
  • ARV 310k (mid): Net 291.40k → +39.95k profit (~15.9% ROI)
  • ARV 325k: Net 305.50k → +54.05k profit (~21.5% ROI) (Not including interest, taxes, insurance, utilities, time, overruns.)

Sold Comps (supporting the range)

  • 10011 N Annette Ave — 343k, 1,260 sf (~272/sf), 3/2, renovated, same general pocket
  • 2307 E Linebaugh Ave — 325k, 1,114 sf (~292/sf), 3/2, renovated (busier corridor)
  • 2133 W Rambla St — 325k, 1,085 sf (~300/sf), 3/2, renovated (nearby pocket, higher /sf)
  • 9902 W Club Ln — 260k, 1,022 sf (~254/sf), 3/2, updated (lower pocket / lower ceiling)

How this comp set ties to the ARV band: renovated 3/2 sales are clustering 260k–343k in nearby pockets; a tight, market-ready rehab justifies pushing the subject into the high-200s to low-300s, with the upper end requiring strong presentation + clean functional layout.

Best Exit Strategy

Best exit (based on ARV 298k–325k): Flip

Because the spread supports ~29k–54k profit before holding costs at this ARV band. To hit 325k: finishes must match the best retail-reno comps (kitchen/baths, flooring, lighting, paint, curb appeal) and avoid “budget flip” signals.

Runner-up exit: Hold / Rent

If you can stabilize strong rent (especially if you’re anywhere near the ~2.45k/mo figure you mentioned earlier), holding can outperform—but you’d want to underwrite taxes/insurance/repairs/management and verify lease comps.

Next Steps

  • Contact us if you need more information
  • Schedule a property walkthrough (if applicable)
  • Make an offer directly on this page
  • Sign an assignment agreement or a direct agreement
  • Send EMD within 3 hours of signing the agreement
  • Lock up the Deal
  • Make MONEY and REPEAT :)
  • Title company Clear to Close title services

For questions or making a deal happen, call me,

George 954-994-2232 or ‪(954) 282-1367‬ or 954-994-2232

Disclaimers

IMPORTANT: This listing represents an assignment of a purchase contract or direct contract as Double Close (if applicable), not a direct property sale. Buyer is responsible for conducting their own due diligence. All information provided is believed to be accurate, but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing, and no real estate agent relationships are implied or established through this marketing material.

Time-sensitive opportunity - this contract is being offered to multiple investors.

Estimated Spread

  • ARV $305,000
  • Price $215,000
  • Spread $90,000

DOCS

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