Discover this hidden gem at 2747 State Road 590, located in the heart of Clearwater, FL. This 3-bedroom, 2-bathroom home is brimming with potential and waiting for the right investor to bring it back to life. Whether you’re a seasoned investor or a first-time buyer looking for a project, this property offers an incredible opportunity to create a dream 2nd home, profitable short-term rental, or a profitable fix and flip.
“As-Is” Value = $270,600
Conservative “ARV” = $330,000
Repair Estimate = $59,400
WHOLESALE PRICE =$219,000
Close By Date: On Or Before 7/1/25
Access: Call For Access Instructions
Link to Recently SOLD Comps.:
Key Features:
- Prime Location: Situated between McMullen Booth and US 19, this home is conveniently located just a few miles from the beautiful Clearwater Beach, shopping malls, and much more. Nestled in a sought-after neighborhood in Clearwater, this property is close to top-rated schools, shopping centers, dining, and entertainment. Enjoy the best of both worlds with a tranquil residential area and easy access to urban amenities.
- Spacious Layout: With a generous floor plan, this home offers ample space for a modern, open-concept design. The large living areas and bedrooms provide a perfect canvas for customization.
- Great ARV: With an After Repair Value of $330,000, this property promises a lucrative return on investment. The estimated $59,400 in repairs is a worthwhile investment to transform this fixer-upper into a highly desirable home.
- Large Yard: The expansive yard provides endless possibilities for outdoor living spaces, gardens, or even a pool. Imagine creating a backyard oasis for future owners to enjoy.
Recommended Upgrades:
- Electrical Panel: Update the electrical panel to meet modern standards and enhance safety.
- Interior Paint: Freshen up the home with new interior paint to create a bright and inviting atmosphere.
- Flooring Throughout: Install new flooring throughout the home to add a touch of elegance and modernity.
- Modern Exterior Paint Scheme: Enhance curb appeal with a stylish and contemporary exterior paint scheme.
- New Kitchen and Bathrooms: Remodel the kitchen and bathrooms with modern fixtures and finishes to increase the home’s value and appeal.
- Exterior Landscaping: Transform the yard with professional landscaping to create an outdoor oasis.
Terms
This property is available via our “Assignment Program”. We have entered into a purchase contract with the current owner to buy the property. We will sell our equitable interest in this contract to a third party via assignment for a fee. A local, reputable title company and/or attorney will be enlisted to handle the closing and transfer of title.”
All properties are sold for cash or hard money on a “First Come, First Served basis”. It is the Buyer’s responsibility to do your own due diligence and verify all information. Prices are NET to seller with Buyer paying all closing costs, including any Agent/Broker commissions. Opinions of value/rents are given as a courtesy and no guarantees are expressed or implied. A minimum of $10,000 deposit and fully executed Assignment Agreement are required to secure the property. Our properties move fast so contact us quickly if you have an interest in purchasing this property.
ACT NOW! Properties with this much potential don’t stay on the market for long.