SFH 3/2 with 1,120 SF in Fort Lauderdale. Estimated repairs $65K. Strong ARV of $455,000 offers 30% equity spread. Potential 9.4% gross rent yield at $2,500/mo. Wholesaler-vetted deal from Home Venture Investments.
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Hot Deal
Added 5 days ago
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1021 NW 23rd Rd
Fort Lauderdale, FL 33311 · Broward County
3 Beds
2 Baths
1,120 Sqft
Built 1962
SFH
6,612 Sqft Lot
Asking
$310K
Wholesaler Price
ARV
$455K
Wholesaler Estimate
Spread
$145K
68¢ on the dollar
ARV Comparison
Wholesaler ARV
$455K
68¢ on the dollar
Rocket ARV
$387K
80¢ on the dollar
Overview
Big Tickets
Roof
Not verified Impact Windows
Not verified HVAC
Not verified Water Heater
Not verified
Not verified Impact Windows
Not verified HVAC
Not verified Water Heater
Not verified
Property Details
Public Records
1
Stories
6,612 SF
Lot Size
Concrete Block
Exterior
Composition Shingle
Roof Type
RS-8
Zoning
DILLARD PARK ESTATES 55-44 B
Subdivision
Highlights
$135K spread
ARV $455K
$65K repairs
$2,500/mo rent
Sales Comps
Rocket
Subject
Comp
Rental Income
Rocket
$2,880/mo
Market Rent Estimate
$2,510
$3,260
$34,560
Annual Rent
11.2%
Gross Yield
$2.57
Rent/Sqft
$960
Per Bedroom
Tax & Assessment
Public Records
Assessed Value
$282,210
Annual Tax
$5,933
Tax Year
2023
Effective Tax Rate
2.10%
Sale History
Public Records
Last Sold: 2021-10-20T00:00:00.000Z
$306,000
+49% appreciation ($149K) in 4 years
