5 SE Kalash Road
Pensacola FL 32507
5 SE Kalash Road offers a compelling investment opportunity in the growing Pensacola area. With its close proximity to the beach, this property has great potential for rental income from tourists or as a primary residence for those seeking a coastal lifestyle. Renovations can increase both rental and resale value, making this property ideal for various investment strategies.
Location
5 SE Kalash Road, Pensacola, FL 32507, nestled in the scenic area near Perdido Bay.
Property Type
Single-family, Ranch Style home with potential for vacation rental income or resale.
Property Size
Living Sq Ft: 1,665 | Lot Sq Ft: 8,285
Beds | Baths
3 Bedrooms | 2 Bathrooms
Located near beautiful beaches, outdoor recreation, and the vibrant Pensacola area, making it a prime spot for short-term rentals or family living.
Project Overview
This renovation project involves adding 600 sq ft to the existing structure by converting a storage shed space into a new bedroom on the first floor. The scope also includes light exterior and interior renovations, aiming to enhance both functionality and curb appeal, and bring the property up to current market standards.
Exterior Work
- Construction of New Addition: Frame, walls, and roof will be built for the new bedroom addition, following local building codes.
- Landscaping: Overgrown bushes and trees will be trimmed, new sod or seeding will be applied to bare patches, and debris will be cleared to create a clean, well-maintained yard.
Interior Work
- New Addition Finishing:
- Insulation: Install appropriate insulation to ensure energy efficiency.
- Electrical: Wire the new room according to code, ensuring safety and functionality.
- Drywall: Hang drywall for walls and ceiling, prepping the room for painting and finishing.
- Flooring: Install durable and appealing flooring to match or complement the existing interior.
- Light Repairs: Address minor repairs throughout the interior to enhance overall condition.
- Mechanical Systems: Inspect and service HVAC, plumbing, and other systems to ensure full functionality.
- Final Touches: The entire property will undergo a thorough cleaning inside and out. A final inspection will be conducted to ensure quality, and any punch list items will be completed to meet high standards.
This renovation will create a more functional living space, improve property aesthetics, and provide safety and comfort for future occupants.
With proximity to the beach, this property has strong potential for vacation rentals, appealing to tourists looking for a relaxed getaway on the Gulf Coast.
The Pensacola area has seen steady growth, with property values rising, particularly for homes near water and recreational amenities.
This property could work as a buy-and-hold investment, a seasonal rental, or a family home, offering various exit strategies.
Purchase Price: $499,000.00
Construction Budget: $44,380.00
Funds Available for Rehab/Construction
After Repair Value: $550,000.00
Loan Amount: $418,630.00
Financed by Pied Piper Capital Fund LLC
LTV: 75%
Rate: Monthly Factor Rate of 0.075
Earnest Money: $25,000.00 Non-Refundable
Closing Costs: NO Closing Costs
Recourse: Non-Recourse
Time To Close: 30 Days
Guarantee: Personal Guarantee NOT Required
Rental Income: $1,995 - $2,375 Per Unit
(based on comparable market rates)
Estimated ROI: 10%
Zoning Code: MDR
PORTFOLIO DOCUMENTS
*Please note that full financial details on the property and units will be provided once the Earnest Money payment has been received.
Front
Back
Backyard
Kitchen
Breakfast Area
Family Room
Dining Room
Bathroom #1
Living Room
Pool
Additionally images can be provided upon request.
PIED PIPER CAPITAL FUND LLC OVERVIEW
Seller/Guarantor
Net Worth
Trading Funds
Investment Funds
Services Offered
Pied Piper Capital Fund LLC
$2,900,000,000.00
$150,000,000.00
$1,850,000,000.00 Available
In-House Financing & Insurance
The Pied Piper Capital Fund LLC bond issuance is a Senior Secured Note which is backed by all the assets owned, pledged, and to be acquired by the Issuer and its subsidiaries.
Security/Collateral of the Pied Piper Capital Fund LLC bond issuance.