Wow! A Fabulous Piece of Undervalued Land Near the Water is Available! Huge profit potential!
Property currently has a house on it that was damaged by the hurricane. A great opportunity to buy a lot on Sanibel and build a beautiful new home!
Update---House is going to be demolished.
PROPERTY TYPE: LAND DEAL
Lot Size: 0.28 acre
COMPARABLES
0.41 acre lot on Sawgrass Pl sold June 29, 2022 for $949,000
3938 W Gulf Dr sold June 6, 2022 for $853,750
Potential New Build Exit Strategy
Buy: Land- 620k
Build 3000 sqft Luxury Home for approx. ~ $1.2 mil
Total investment under $2 mil
Sell for Approx. ~ $2.5 to $3 million
Potential PROFIT- $500k to $1,000,000+
NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER OR OTHERWISE USING ANY INFORMATION PROVIDED TO YOU UNLESS YOU HAVE THE EXPRESS WRITTEN CONSENT OF HOMEFRONT OFFERS. Any property information received by you is proprietary information belonging to Guillaro Worldwide Enterprises LLC and its affiliates ("HFO/OF/Maarouf LLC") All properties are currently under contract to HFO, Any transactions consummated by you will be pursuant to an assignment of HFO Contract. Any unauthorized contact will be considered intentional interference with a Contract and may result in legal action being taken against you. Buyers are asked to perform their Due Diligence. Homefront Offers provides only the estimated repair cost and property value.
-Deal not final until EMD is received.
-Buyers do their own due diligence.