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5246 FREMONT STREET

House Recently Sold
$125,000

BTC: 1.58142831

ETH: 39.80397339

Sold on: 2023-08-07
23 days
4 bds
2 ba
1,398 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Investor special in the most in demand corner of Lake Shores! This light fixer upper is an absolute gold mine with endless untapped potential. Tired landlord is quite motivated and asking only 58% of ARV, but will entertain all offers. Pros: Roof and AC 6 years old. Fully fenced backyard. Located in Opportunity Zone. Lowest price per sq foot in more than a mile radius, including distressed properties. Cons: Needs new flooring, new appliances and water heater, as well as cosmetic interior rehab. Signs of WDO. Likely foundation issues. Investor notes: Flip potential: $260k ARV, with estimated $50k-70k in rehab. LTR estimate: $1,500 /mo, with very little nearby competition. STR estimate: $40k yrly gross, at 201 /night and 54% occupancy. Feel free to soft pitch offers to listing agent. No HOA/CDD. Full 2.5% cooperation with non-MLS agents. Just reach out to listing agent below for disclosures and MLS info sheet. Video walkthrough also available. On non-Supra lockbox. Easy to show. No assignable contracts will be accepted.

Location

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1943
Lot:
0.14 Acres
Heating:
Electric
Price/sqft:
$104
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Carpet

    • Laminate

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Electric Water Heater

    Other interior features

    • Ceiling Fan(s)

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Lighting

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 0948950000

    • Zoning: RLD-60

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Phone Available

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,189

  • Source details

    • MLS ID: T3453768

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Slab

    • Patio And Porch Features: Patio

    • Direction Faces: North

    • Fireplace: Yes

    • Living Area: 1398

    • Water Source: Public

    • Subdivision Name: LAKE SHORE SEC 05

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: FLORIDA CAPITAL REALTY