Not far from the water front! This seems like a reasonable price for this diamond in the rough! It’s like a blank slate. The house was built in 1920. It is located on .34 acre in Lynn Haven, Florida. The house features a covered porch, wood floors, baseboards and arched entryways. It all looks like cosmetic work. Could move in and work room by room. There is a detached building on the property. Two bedrooms, three bathrooms and 1,330 square feet. $150,000
Contact Matt W. Wright with Think Real Estate: 850-227-8276
From the Zillow listing:
Don’t miss this value-add opportunity in one of Lynn Haven’s most desirable neighborhoods! Whether you’re an investor looking for your next flip, a landlord seeking a strong rental, or a buyer ready to build equity, this property offers tremendous potential. With an estimated after-repair value (ARV) of approximately $240,000-$250,000, the majority of the work is cosmetic, making this an ideal project with significant upside. The home features a functional layout with two full bathrooms–one upstairs and one downstairs–both in good condition. The downstairs includes a spacious second living area that could easily be converted into a third bedroom, creating additional value and functionality. The primary updates needed include: New flooring Interior paint Minor exterior siding repairs Kitchen cosmetic updates and general TLC Outside, you’ll find a large backyard and an incredible bonus: a nearly 300-square-foot detached building complete with electricity, a window A/C unit, and a functioning bathroom. This versatile space could be transformed into a mother-in-law suite, home office, guest quarters, studio, or additional living space. Properties with this much upside in Lynn Haven are becoming harder to find. Bring your vision and unlock this home’s full potential!
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