In the dynamic world of real estate, opportunities often present themselves in unexpected forms. Today, we’re excited to share an incredible find – a gem of a property priced under $100,000 that could be your ideal primary residence, a lucrative rental, or even the foundation for a business venture. Let’s dive into the details of this remarkable opportunity in Lynn Haven, near the stunning Panama City Beach.
The Property: An $89,000 House with Endless Possibilities
This enticing property, listed at a jaw-dropping $89,000 (yes, you read that right, under $90,000!), boasts the potential to be more than just a dwelling. Whether you’re looking for a cozy primary residence, a strategic rental investment, or a place to kickstart a business, this might just be the opportunity you’ve been waiting for.
Financing Options: Seller Open to Creative Solutions
One of the most appealing aspects of this deal is the flexibility it offers. The seller seems open to seller financing with a 20% down payment, translating to a potential initial investment of around $15,000 to $20,000. With such a low upfront cost, the doors to homeownership or investment open wide.
Property Features: A Glimpse Inside
The house comes with a new roof, a significant asset that adds value and ensures stability. A spacious fenced lot provides privacy and potential for outdoor activities. The interior showcases hardwood floors, promising a touch of charm. While there might be some upkeep needed on the ceilings, the property includes appliances, making it move-in ready.
Investment Strategy: From Affordable Living to Profitable Flipping
Imagine owning a 1,500-square-foot house with a mortgage payment as low as $400 to $500. This property serves as a canvas for multiple investment strategies. Use it as a primary residence to enjoy affordable living, turn it into a rental to accumulate cash, or consider flipping it for a potential profit. The possibilities are as vast as your imagination.
Location Matters: Lynn Haven – Close to the Beach and Packed with Amenities
Situated near the picturesque Panama City Beach, Lynn Haven offers not just affordable living but also proximity to the beach and a plethora of amenities. This makes the property not just an investment but a lifestyle upgrade.
How to Seize the Opportunity
If this sounds like the opportunity you’ve been waiting for, don’t hesitate to check out the video tour for an in-depth look at the property. For those eager to explore further, the link to the listing is available at the bottom of this video.
Stay Tuned for More Hidden Gems
As we continue our quest to uncover under $100,000 properties that offer immense value, keep your eyes peeled for more exciting finds on our channel. Whether you’re a potential homeowner, investor, or aspiring business owner, these opportunities could be the stepping stones to your real estate dreams.
Don’t miss out – affordable living, smart investments, and business potential await. The journey begins with this Lynn Haven property, and who knows where the next one might take you!