SW Florida 2/2 Block Home – Full Rehab Opportunity | Large Lot + Detached Garage

This 2-bedroom, 2-bath concrete block home offers 1,036 sq ft of living space (1,216 sq ft total under roof including garage) on a 0.29-acre lot in the Pine Island Villas area. Built in 1985, the property features a functional layout with a detached garage, adding flexibility and value for storage or workshop use.

The home requires a full interior renovation. A roof was installed in 2022 following Hurricane Ian, but it was completed without a permit—buyer will need to pursue a retroactive “as-built” permit or budget for replacement to satisfy retail financing requirements. HVAC and water heater condition are unknown and should be assumed for replacement.

Strong nearby sales support solid upside for a renovated 2/2 product in this supply-constrained island market.

Seller is motivated—bring offers.

Investment Highlights

• Concrete block construction + detached garage
• Oversized 0.29-acre lot (larger than typical for subdivision)
• High-demand Pine Island location with limited inventory
• Full interior value-add opportunity
• Roof replaced (2022) – permit resolution required
• Strong $/sf comps supporting flip or hold strategy

📊 Comparable Properties – Pine Island Villas Area

Address | Beds/Baths | Sq Ft | Est. Value | $ / Sq Ft | Notes
5802 Linden Ln | 2 / 2 | 915 | ~$342,500 | ~$374 | Renovated (ARV ceiling)
5773 Esther Dr | 2 / 1 | 720 | ~$270,000 | ~$375 | Smaller, strong demand indicator
5821 Linden Ln | 3 / 2 | 1,521 | ~$300,000 | ~$197 | Larger, likely as-is sale
5802 Genesee Pkwy | 2 / 2 | 946 | ~$235,000 | ~$248 | As-is / floor comp

ARV & Rental Outlook

Estimated ARV: $295,000 – $325,000 +/-
Market Rent: $1,800 – $2,200/month +/-

Rehab Scope Summary (Estimated)

Full interior gut (kitchen, baths, flooring, paint, fixtures)
Roof permit resolution (as-built or replacement)
HVAC + water heater replacement (assumed)
Exterior cleanup + landscaping

Exit Strategies

Full flip targeting ~$300K+ resale
Wholetail with partial updates
Buy-and-hold rental in supply-constrained island market

📞 Call/Text: 321-436-4911
📧 Email: fosteralgier@gmail.com
🌐 Website: FACSold.com