$349,000 Asking Price
3 Beds
2 Baths
1,255 Sqft
Built 1952
Single Family
Investment Analysis
Rocket
Asking Price
$349K
Wholesaler Price
Est. ARV
$414K
Tap to compare sources
Spread
$65K
84¢ on the dollar
Compare ARV Sources
Wholesaler
$410K
Wholesaler's estimate
85¢ on the dollar
Rocket ARV
$410K
94% confidence
85¢ on the dollar
Zillow High
$397K
Zestimate range
88¢ on the dollar
AVM High
$438K
90% confidence
80¢ on the dollar
Rocket Confidence94%
Comparable Sales Subject Comps Rocket ARV
1
119 SW 22nd Ave, Fort Lauderdale, FL 33312
3 bed · 2 bath · 1,065 SF · 0.14 mi
$375K
Nov 2025
2
2880 SW 2nd St, Fort Lauderdale, FL 33312
3 bed · 2 bath · 1,299 SF · 0.6 mi
$466K
3
451 SW 28th Ave, Fort Lauderdale, FL 33312
3 bed · 2 bath · 1,132 SF · 0.46 mi
$389K
Nov 2025
Rental Income
RentCast
$3,070/mo
Market Rent · Feb 2026
$2,560
$3,580
$36,840
Annual Rent
10.6%
Gross Yield
$2.45
Rent / Sqft
$1023
Per Bedroom
Property Details
3beds
2baths
1,255sqft
7,150lot sqft
1952built
TypeSingle Family
Stories1
ExteriorStucco
RoofComposition Shingle · Gable/hip
ConstructionConcrete · Slab
FlooringVinyl/Resilient
Lot Frontage67 ft · 7,150 sqft (0.16 acres)
ZoningRS-8
SubdivisionWOODLAND PARK AMD PLAT 29-18 B
PoolNo
ConditionAverage
Deal Highlights
New roof 3/2 + Den Vacant at closing No HOA Riverlakes Estates
Overview

3/2 + Den in Riverlakes Estates (no HOA). New roof installed. Vacant at closing. Comparable sales in area $350-450k range. Solid investor opportunity.

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Big Ticket Items & Permit History
Verified
Roof
28 yrs
1998 · Composition shingle
Permitted
A/C
30 yrs
1996
Permitted
Impact Windows
Unknown
No records found
Unverified
Water Heater
Unknown
No records found
Unverified
Permit History
8 closed 0 open
Reroof 1500sf shingleJul 1998
$1,500
✓ Complete
Re-hab sfr/city projectMay 1998
$22,000
✓ Complete
Repair general plumbingJun 1998
$800
✓ Complete
Install wall u nit air conditioningAug 1996
$50
✓ Complete
Install security systemDec 1992
$130
✓ Complete
150amp svc change/correct code violaJul 1998
$2,000
✓ Complete
Abandon septic for sewer connectAug 2010
$2,600
✓ Complete
Windows 14 and door 1 replaceSep 2019
$10,500
✓ Complete
Show 5 more permits ▾
No Code Violations
No Open Cases
Equity, Debt & Value Allocation
Rocket
Based on Asking Price
$349,000
Loans $372,204 | LTV 106.6% Equity $-23,204 | ETV -6.6%
1ST MORTGAGE
$372,203
2ND MORTGAGE
$1
AVAILABLE EQUITY
$-23,204
Value Breakdown $386,140
Land $21,450 | 5.6% Building $364,690 | 94.4%
Assessed Value '24
$71,180
Annual Tax '24
$2,960.56
Effective Tax Rate
4.16%
Homestead
✓ Yes

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Quick Numbers

Asking Price$349,000
Rocket ARV$413,691
Spread$64,691
Cents on Dollar84¢
Est. Rent$3,070/mo
Gross Yield10.6%
Annual Tax$2,961
Year Built1952
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