SFH 3/1 with 1,180 SF in Fort Lauderdale. Estimated repairs $65K. Strong ARV of $422,000 offers 29% equity spread. Potential 10% gross rent yield at $2,500/mo. Wholesaler-vetted deal from Home Venture Investments.
Deals
Hot Deal
Added 5 days ago
29 Photos
1031 NW 23rd Way
Fort Lauderdale, FL 33311 · Broward County
3 Beds
1 Baths
1,180 Sqft
Built 1962
SFH
6,687 Sqft Lot
Asking
$295K
Wholesaler Price
ARV
$422K
Wholesaler Estimate
Spread
$127K
70¢ on the dollar
ARV Comparison
Wholesaler ARV
$422K
70¢ on the dollar
Rocket ARV
$358K
82¢ 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
6,687 SF
Lot Size
Stucco
Exterior
Composition Shingle
Roof Type
RS-8
Zoning
DILLARD PARK ESTATES 55-44 B
Subdivision
Highlights
$122K spread
ARV $422K
$65K repairs
$2,500/mo rent
Sales Comps
Rocket
Subject
Comp
Rental Income
Rocket
$2,290/mo
Market Rent Estimate
$2,080
$2,510
$27,480
Annual Rent
9.3%
Gross Yield
$1.94
Rent/Sqft
$763
Per Bedroom
Tax & Assessment
Public Records
Assessed Value
$58,170
Annual Tax
$1,078
Tax Year
2024
Effective Tax Rate
1.85%
Sale History
Public Records
Last Sold: 1963-05-01T00:00:00.000Z
$8,467
+4884% appreciation ($414K) in 63 years
