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🔎 Pensacola 3/2 Flip With Large 2 Car Garage – $89K! — $89,900

$89,900 • 3 Beds / 2 Baths • 1,260 SqFt

Available

Offer Submission Deadline

House Type Single Family House
Bedrooms 3
Bathrooms 2
Year Built 1955
Approx.SqFt. 1260

Description

This 3-bed, 2-bath, 1,260 sq ft CBS home sits in the W Madison Dr pocket of Pensacola. Built in 1955 and delivered vacant at closing, the property includes a large detached 2-car garage and will need a full renovation to compete with the surrounding retail sales.

🛠️ Rehab Scope (Recommended)

· Full interior gut and remodel
· New flooring, interior paint, trim, and interior doors
· Full kitchen remodel
· Full bathroom remodels (2)
· Roof replacement
· HVAC replacement
· Window updates or replacement as needed
· Electrical and plumbing updates as needed
· Exterior paint, landscaping, and curb appeal enhancements
· Trashout and general cleanup

🟣 Comparable Sales

99 S Madison Dr – 1,199 sf | Sold $153,000 | $128/sf | 1955 build
533 Petros Cir Apt D – 999 sf | Sold $110,000 | $110/sf | 1985 build
4507 Creekmore St – 1,422 sf | Sold $180,000 | $127/sf | 1976 build
4505 Silver Oak St – 1,356 sf | Pending $240,000 | $177/sf | 1977 build
107 W Madison Dr – 1,077 sf | Pending $160,000 | 1955 build

📈 ARV Analysis

Average renovated PPSF: ~$136/sf on the lower set / higher pending pushing above $170/sf
Low (conservative): ~$150,000+/-
Mid (typical retail finish): ~$165,000+/-
High (top-tier finish): ~$185,000+/-
Suggested ARV: ~$160,000–$180,000+/-, depending on renovation quality and use of the detached garage as a value add