314 Hendricks Ave., Brooksville, FL 34601
Photo 1 of 37
$165,000
Beds Baths Sq. Ft. Taxes Built
2 1.00 960 $318 1938
On the market: 46 days foreclosure

Est. Monthly Payment:

$1,015($988 + $27 taxes*)

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Investor Opportunity in Brooksville – Strong Upside Potential! Don’t miss this value-add opportunity in the growing Brooksville area. This 2-bedroom, 1-bath home is nearly ready for its next owner and requires only a few final touches to reach full livable condition. Priced to reflect its current state, this property presents an excellent opportunity for investors, flippers, or buyers looking to build equity. Situated on a spacious lot at the end of a quiet road, the property offers exceptional privacy and a peaceful setting. The home is on a septic system, and the roof and AC are reported to be in good condition. With minimal interior updates and appliances needed, much of the heavy lifting has already been addressed. Important Notes for Buyers: The home currently has no running water, which will impact traditional financing. Buyer will need to install a well or connect to city water. A previous estimate for city water connection was approximately $5,000–$6,000, plus plumbing costs to connect from the city line to the home. Minor interior repairs may be needed, as the home has been vacant for some time. There are outstanding city-related fees (estimated $85,000+ and increasing) that must be negotiated or settled with the city. Buyers should consult with an attorney or work directly with the city if experienced in municipal negotiations. With the right vision and due diligence, this property could be transformed into a solid rental, profitable flip, or affordable primary residence. Opportunities with this level of potential and privacy don’t come along often. Bring your offers and unlock the possibilities!
Listing courtesy of Alfredo Rodriguez Fonseca, LPT REALTY, LLC