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On Market

8746 Herbison Ave

North Port, FL 34287, USA

List price

$120,000

2

beds

2

baths

1,220

sq ft

1963-01-01

built

Single Family

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Story

APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET AN INSTANT LOAN QUOTE AND PRE APPROVAL

 

šŸ” 8746 Herbison Ave, North Port, FL 34287

šŸ’° Value-Add Investment Opportunity with Strong Equity Potential

ACCEPTING BACK UP OFFERS - This property offers an excellent opportunity for investors looking to maximize returns through a straightforward renovation. Easy two to three bedroom conversion based on existing layout , this project provides an attractive path to increased value and rental income.

šŸ“ Property Highlights

  • Easy 2 to 3 Bedroom conversion of existing spare room
  • Spacious sunroom ā˜€ļø
  • Located in desirable North Port, FL
  • Strong rental and resale potential

āœ… Major Updates Already Completed

  • New permitted roof (2019)
  • Water heater replaced (2023)

šŸ”Ø Investment Snapshot

  • Estimated Rehab Cost: ~$55,000
  • Projected ARV: $235,000–$245,000
  • Estimated Monthly Rent: $2,000-$2,200

šŸ“ˆ Why Investors Will Like This Deal
⭐ Easy third bedroom conversion to existing room space for increased value
⭐ Major capital improvements already completed
⭐ Strong projected equity after renovation
⭐ Great rental income potential
⭐ Ideal for fix-and-flip or buy-and-hold investors
⭐ Located in a growing Florida market with continued demand

This property combines a manageable renovation scope with solid upside, making it an excellent addition to any investor's portfolio. Don't miss the opportunity to create value and generate strong returns! šŸš€ Reach out to schedule a viewing as property is vacant.

 

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Property details

17 details the seller has shared

17 fields

Property

Ā· The bones — what the buyer sees first

Bedrooms

2

Full baths

2

Finished sq ft

1,220 sq ft

Year built

1963

Lot size

6,700 acres

Property type

Single Family

Occupancy

Vacant

County

Sarasota

Financials

Ā· What it earns and what it costs to hold

ARV (after repair)

$240,000

Features

Ā· Comfort, climate, and curb appeal

Parking

attached garage

Flooring

tile

Roof

2019

Exterior

block

Foundation

slab

History & terms

Ā· Past sales, updates, and deal mechanics

Year renovated

2009

Reason for sale

Need cash ASAP

Earnest deposit

1000

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