136 Shady Lane, Crestview, FL, 32536

Potential ARV: $205k-$215k

Comparable Rent: $1400-$1500/Mo.

Built: 1958

Lot: 10018 sq ft

Construction: FR/BR

Details: --> Vacant at close --> Flood Zone X (No flood insurance required)

Features:

Easy flip with a great entry price. Will be delivered vacant at close. Located in Flood Zone X (no flood insurance required), the property features an attached carport and sits in a quiet residential neighborhood. With a functional layout, desirable location, and low entry price, this presents a straightforward value-add opportunity with strong resale potential.

Rehab Description:

For a rental, simply deep clean the property, paint the interior, address one of the bathrooms, and you're good to go. To maximize resale value, the roof is approximately 14 years old and in good condition but may need replacing due to age. Replace the AC, update the flooring, renovate the bathroom, replace the toilets and fixtures, apply fresh interior paint, complete a thorough deep clean, and add some landscaping to boost curb appeal and create a clean, market-ready product.

Comps:

103 Adkinson Dr, Crestview, FL 32536

3/2 1264 SQFT 1955 Build

SOLD @ $205,000 4/20/26 (Slightly bigger/dated)

215 Jones Rd, Crestview, FL 32536

3/2 1218 SQFT 1969

Build SOLD @ $220,000 4/15/26 (Updated)

117 Jeff Dr, Crestview, FL 32536

3/2 1107 SQFT 2001 Build

SOLD @ $225,000 5/1/26 (Newer build but dated)

196 McArthur St, Crestview, FL 32539

2/2 1154 SQFT 1961 Build

SOLD @ $227,000 6/17/26 (Updated)