2507 Martha Ln, Land O' Lakes, FL 34639 — $245,000
Two ways to win. Flip it: $245K in, $350K ARV, light cosmetic rehab, backed by two recent closings at $350K and $348K within the same pocket. Or hold it: 3/2s in 34639 lease at $2,275/mo, producing a 5.5% cap rate, best suited to a cash buyer capturing $105K of equity on day one in a Pasco growth corridor. Either way, the expensive risk is already retired. New 2025 roof. Plumbing in good working condition. City water and sewer - no septic, no well. FEMA Zone X, so no flood insurance requirement. No HOA. The 2-car garage on .22 acres stands out against the townhome inventory chasing the same tenant. Known future items are the 2005 AC and original electrical, both working and easy to reserve for.
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