5 Cypress Rd, Venice, FL 34293

I am a motivated seller, My home is located at a prime location for a home or business right on the corner of the main thoroughfare Englewood Rd/SR-776 and Cypress Rd., It is the first property you see as you pass by or turn onto Cypress. The perfect investment home for a new couple or investors especially the DIY type, Then you can make more happen for less money and make it how you want without the added costs of flipped homes while being one of the most desirable locations possible both for convenience and as an investment.

I am open too reasonable offers, I am on the do not call list so please don't call me unless your a serious buyer. I am looking for a short closing timeframe 5-14 days with 2 weeks too move out after the closing date, Liens should be satisfied immediately and remaining funds transfered ASAP on closing day. I am willing too pay $150/day for a later move-out date (I.E. 2 weeks post closing, The keys will be left behind and the place "broom swept").

Obviously, It is sold as-is and needs an estimated $65k in repairs (If contracted, DIY'ers could probably do it for $20k or less) including not limited too: Siding repairs/replacement, Drywall repair/replacement, Interior/Exterior Paint, Mold abatement, Flooring, Appliances, Electrical Repairs, Finishing the master Bath Renovations, Guest Bath needs a vanity plus tile and toilet repairs, And the plumbing supply and septic systems also could use replaced.

The roof was replaced in 2013 and the A/C System & Kitchen were replaced and master bath renovations started at the end of 2018, The Guest bath renovation is about 10 years old and needs repairs. The home currently has $6k in property tax liens which will need too be satisfied immediately and $30k in IRS liens which will need too be satisfied during the purchase process. The home currently has city water and is for sale by owner, I am hoping to keep costs as low/simple for both myself and the buyer, I want too close ASAP due too the outstanding tax lien. The buyer should be aware the home has had water intrusion around the door openings due too recent severe storms and it has had a significant rodent infestation in the past. The home is equipped with a video surveillance system all around the house however it will need too be rewired.

It has great potential for future rezoning/development to make it a commercial property, Which could bring prices of $425k+/- for the land alone compared too recent sales. Racetrac purchased 4 similar lots a block up the road for an average of $425k/each. Alternatively a 2 story home of similar Sq. Ft. and smaller lot size sold for $500k about a year ago so I estimate this house/location is worth $4-500k if modernized and brought up too modern code.