31526 Vine St, Sorrento, FL 32776

6 Beds / 5 Baths • 3,200 SqFt
Offer Submission Deadline
  • 2-4 Unit
  • 6
  • 5
  • 1920
  • 3200
  • 48351

Description

31526 Vine St, Sorrento, FL 32776

This is an Assignment of Contract (Direct Buyers Only, No Wholesalers)

Important Note: Please Read All Details Below Before Submitting an Offer

Price: $375,000

Pictures: https://drive.google.com/drive/folders/1ZT4dsuMhhiGLOLXGgWkrZKDFDZG7L4T2?usp=sharing

Property Description:

  • 4 units with tenants paying a total of $4300/month
    • 2b/1b $1000
    • 3b/2b $1500
    • 1b/1b $900
    • 1b/1b $900
  • Total of 6 bedrooms, 5 bathrooms
  • Total living space 3200sqft
  • lot size: 1.1acres
  • built 1920
  • Roof replaced in June 2022
  • All new septic system and new well installed in 2024
  • HVAC replaced 2023 but there maybe an issue with the ducts,
  • Each unit has a mini-splits replaced 10/2025
  • Tenants are all current on rent and paying as agreed
  • see pictures for more details

Required Offer Terms:

  1. Property is sold as-is, seller is not required to clean up or remove any unwanted items from the property.
  2. All title, escrow and other closing fees to be paid by Buyer (Not including liens and seller's property taxes)
  3. Minimum Earnest Money Deposit (EMD) is $2,000
  4. Title and Escrow open at St Johns Title
  5. No Inspection or loan contingencies (our expectation is that you see the property and then make a non-contingent offer)
  6. Able to close within 14 days

Showing:

  • Showing will be limited since units are tenant occupied. Submit offer based on pictures then we will arrange for an inspection.
  • To see the property text your request to see the property to 904-807-1978 Include the street name, day and time.

Offer Process:

  • To submit an offer click the "Make an Offer" button on this page or text to 904-807-1978 or email to ryan@realtyzoom.com
    • Offers need to take into consideration the terms detailed above
    • If your offer is subject to any additional terms then text them to 904-807-1978

Agent Commission Details:

  • If you are an agent representing a buyer, Simply let us know what commission you want up to 3% and we will subtract that amount from your buyer's offer when considering offers.
  • Your commission will be paid out of our assignment fee through escrow.

Estimated Spread

  • ARV $500,000
  • Price $365,000
  • Spread $135,000

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