$950,000 / 6br - 8500ft2 - $950k Oceanfront Investor Fix-N-Flip (WORTH 5-6M FINISHED) (Beachfront Oceanfront Waterfront Island Property)

*** (Solid ICF Concrete) 6bed 6bath 8500SFR Beachfront Home On The Island And It Includes One Beachfront Acre Of Land in the Sand and it is for sale For Only $950,000.
00 Cash! This home has plenty of comps that support over 5M in value for this property once it's all the way fixed up.
This house needs an entire face lift inside and out.
This property structure is made of solid concrete.
There are four large decks facing the water off the back of the house.
There is an infinity pool with a jacuzzi on the roof overlooking your beachfront sand and the ocean.
The property line extends a little bit out into the water.
This home is located in a pretty nice private area with only a couple of neighbors each on their own acre or more.
This area has a very healthy eco-system and there are a lot of very good places to go fishing nearby.
You're allowed to build your own dock in your backyard here if you want of course you need to pay a permit fee and follow the rules upon installation (it doesn't cost very much for any type of permit).
There is a shared community dock down the street here.
There are oysters and clams and scallops in your back yard here.
The person that buys this home from me will make a lot of money on this property, but it will be a lot of work to fix it up.
If you know how to do construction and you are willing to work on it yourself then you could get this house done for not very much money, but it will take a little while to finish it up.
There are 10 different ways to fix or to build everything so if you just stay focused on what will make you the most money then you will.
I figured out the cost of materials and labor helpers and I could get this property in a livable condition for 300k (but that would take up all of my time and I also dont have an extra 300k just laying around right now).
I don't have the extra money or time to fix this property up right now but it is tempting to think about when I realize how much money I could make off of it once it is finished up, bottom line is I have a few other things going on right now and I need the extra cash.
I have talked to plenty of people already and I have heard all kinds of ("tire kicker/talk me down") stories about how it would cost billions to fix up some stucco, paint walls, tile "or whatever" some floors, and hook everything up.
I'm not stupid and you're allowed to pull owner/builder permits in this area so I know how long it takes me to paint X amount of square feet and I know how many square feet of tile I can lay in a day with or without which helper.
I have gotten a couple of quotes for a couple of things that I am not familiar with such as installing an elevator or a service lift and it doesn't cost a billion dollars for that either.
You can get ahold of me any time at eight five 0 nine 7 seven, eight four 1 seven if you have any questions.
I have heard different prospective buyers telling me that their contractor quoted them from 500k up to 1.
5m for materials and labor to fix the place up for them completely.
I think the best buyer for this place would be someone who already does this kind of work and knows what they are doing or someone who is willing to do some of the work themself.
One of my investor friends that knows what she's talking about told me that this place will comp out way over 6m if they use decent materials on the rehab.
I am being conservative when I say that It's worth over 5m I will send you some comps in the area if you don't know how to find them yourself already.
Anyway this place is for sale for 950k and I am pretty firm we could talk about splitting up fees etc.
A lot of people have been responding so I know it will sell soon but I cant give up trying until it's actually sold.