STRANDPARK

1500 N Hayne St, Pensacola, FL 32503

Great opportunity in Pensacola, FL.

This home consists of 3 bd/ 2.5 ba/ 1,571 sqft of living space on a 8,712 sqft lot. Don’t miss out on this great opportunity!

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Investment and Property Details

At Strandpark Properties, we believe in creating win-win opportunities. By allowing our clients to sponsor rehab projects, we not only share the financial success but also foster a collaborative partnership. While we have the resources to fund these projects ourselves, we value the insights and involvement of our clients. This unique approach allows you to earn 42% return on your investment when the property is flipped, making it a lucrative opportunity for everyone involved. Explore our current deals and join us in transforming properties into profitable ventures.

Purchase price:

$135,000

After Repair Value:

$275,000

Investment Duration:

50 Days

Return on Investment:

42%

Rehab Cost

$54,000

Agreed Purchase Price:

The end buyer has agreed to purchase the property for $265,000 and has made a 20% non refundable deposit towards the ARV.

Security

Rock-solid, legally binding joint venture agreement guaranteeing your investment return and a 20% lien on the property.

StrandPark-properties-JV-contract-agreement-Download

Lead Contractor

John Baker

Property Details:

  • Size: e3 bedrooms, 2.5 bathrooms, 1,571 sqft
  • Lot: 8,712 sqft
  • Year Built: 1946

Rehab Cost Estimate:

1. EXTERIOR: $5,600

  • Landscaping/Yard Cleanup: $800
  • Window Replacements:$2,000
  • Exterior Painting (trim + walls): $2,200
  • Minor façade repairs: $600

2. BEDROOM: $15,500

  • Deep Cleaning & Painting: $1,703
  • Flooring (laminate/hardwood): $5,109
  • Window Treatments: $1,064
  • Lighting Fixture Upgrade: $1,703
  • Closet System or Shelving: $2,981
  • Furniture Repair/Update: $2,940

3. BATHROOM: $9,520

  • Plumbing Repairs/Upgrades: $2,200
  • Vanity, Sink, and Faucet: $1,600
  • Toilet Replacement: $1,000
  • Tub/Shower System: $3,200
  • Flooring & Wall Tiling: $800
  • Paint, Finishing, Vent: $720

4. KITCHEN: $14,000

  • Deep Cleaning & Painting: $800
  • Countertops (Quartz/Granite): $2,400
  • Cabinet Refacing or Replacement: $4,000
  • Sink & Faucet + Plumbing: $1,200
  • Flooring (tiles or vinyl): $1,600
  • Lighting (overhead + undercabinet): $1,600
  • Electrical (panel + wiring fixes): $2,000
  • Appliance allowance: $1,400

5. LIVING ROOM: $9,400

  • Deep Cleaning & Paint: $800
  • Flooring (tiles/laminate): $2,800
  • Lighting (ceiling + lamp): $1,000
  • Curtains/Window Dressings: $700
  • Sofa Set Replacement: $2,800
  • Coffee Table & Rug: $700
  • Cabinet Replacement: $600

TOTAL REHAB COST: $54,000