Pensacola 4/2 Flip Opportunity on a Large Lot – $109,900

$109,900 • 4 Beds / 2 Baths • 1,571 SqFt
Offer Submission Deadline
  • Single Family House
  • 4
  • 2
  • 1965
  • 1571
  • 1571

Description

Description

This 4-bed, 2-bath Pensacola home sits near North Palafox, 9 Mile Rd, and major corridors, where renovated comps are selling in the low- to mid-$200s. The property is almost 1,500 sq ft, 4 bedrooms and 2 baths, making it a strong value-add flip or rental in an improving area.

🛠️ Rehab Scope (Recommended)

· Interior paint, flooring, doors & trim

· Full kitchen remodel

· Full bath remodels (2)

· Electrical & plumbing updates as needed

· New or updated HVAC system

· Roof replacement (budget for full replacement)

· Exterior paint, landscaping, trashout, and curb appeal

· Potential layout optimization to modernize flow

🟣 Comparable Sales

  1. 9461 Hummingbird Blvd – 1,751 sf (Bigger) | Sold $265,000 | $151/sf | 1979 build
  2. 8720 Chestrand Rd #A – 1,494 sf | Sold $215,000 | $144/sf | 1953 build
  3. 9517 N Palafox St – 1,366 sf | Sold $162,800 | $119/sf | 1976 build
  4. 9710 Wanda Dr – 1,564 sf | Sold $222,500 | $142/sf | 1975 build

📈 ARV Analysis

Renovated comp price-per-sf range: $119–$151/sf

Weighted ARV Estimate:

Low (conservative): $165,000 +/-

Mid (typical retail finish): $190,000–$205,000 +/-

High (top-tier finish): Up to ~$215,000 +/-

Suggested ARV: ~ $195,000 +/-

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