Price: $130,000 ·
Beds: 2 ·
Baths: 1.5 ·
Sqft: 769 ·
Lot Size: 0.16 Acres ·
Year Built: 1930 ·
Parking: Off Street ·
Taxes: $744 ·
Date St W, Waverly, FL 33859
Comp: -
Description
This 2-bedroom, 1.5-bath home 🧱, built in 1930, sits on a 7,013 sqft lot 🌳 and offers 769 sqft of living space, creating a strong entry-level investment opportunity in Waverly, FL. The property is located in a workforce-driven rental market 📍 with consistent demand for affordable housing, making it ideal for both flip and rental strategies.
With an estimated ARV of $185,000 💵 and a projected rehab budget of approximately $31,750 🔨, investors can execute a straightforward renovation while benefiting from multiple exit options 🔄. The property also includes an additional vacant parcel 🏞️, which can be sold separately, or explored for mobile home placement 🏠 (subject to city approval), adding further upside potential.
Previously rented at $1,500 per month 💲, this deal supports a cash-flow-focused strategy 📈 in a Polk County submarket known for its affordability and stability. Whether repositioning the home for resale, holding as a rental, or monetizing the extra land, this is a flexible investment opportunity designed to maximize returns while keeping rehab costs manageable 🔥.
Disclaimer:
Terms and conditions applicable to all transactions:
- Buyers must conduct their own due diligence.
- Properties are sold “AS-IS” without an inspection period.
- Buyer pays all closing costs.
- We sell assignable purchase contracts.
- No written or oral representations are made about the properties.
- A non-refundable earnest deposit is required.
- Proof of funds will be requested.
- We do not offer warranties on the property.
- We are not licensed contractors or appraisers.
- The seller holds an equitable interest in the property.
For properties under contract and for sale:
- Offers are cash or private money only.
- A minimum non-refundable deposit is required.
- Properties are sold “AS-IS” without contingencies.
- Buyers must conduct their own due diligence.
- Buyer pays all closing costs.
- Rehabilitation costs, taxes, and insurance are estimated.
- Open or expired permits are not a title defect.
We appreciate your loyalty and trust.