Off-Market~$110K Spread

3BR / 2BA — 1,426 sq ft, Drawings for a 4th Bedroom

Pasco County · Central Pasco
Starting at $150,000

Architectural drawings for a four-bedroom conversion come with it — the approvals do not.

About This Property

A 1959 single-family of 1,426 square feet, currently a three-bedroom, two-bath. What is unusual is that professional architectural drawings for a four-bedroom conversion are already prepared and included, using two additional rooms the house already has. That removes a design cost and some of the guesswork from the scope.

Read the headline carefully, though. The house is a three-bedroom today. The fourth bedroom exists on paper and is subject to permitting and approvals that have not been obtained, and the seller's after-repair figure assumes the conversion is completed. If you underwrite to a four-bedroom exit without doing the work, the number will not be there. No renovation budget has been established at all — the interior photographs show the house open to the studs in places.

Property Details

  • Property typeSingle-family
  • Bedrooms3 today (drawings for a 4th)
  • Bathrooms2
  • Living area1,426 sq ft
  • Year built1959
  • CountyPasco
  • Street addressOn record — released to registered buyers

Condition & Scope

  • Bedroom count⚠ 3 today. The 4th is drawings only, subject to approvals not yet obtained
  • InteriorOpen to the studs in places
  • ScopeNot established — no budget provided by the seller
  • DrawingsArchitectural plans for the conversion are included per the seller

Comparables

  • Seller-provided after-repair value of $260,000 — not independently verified by us
  • ⚠ That figure assumes the four-bedroom conversion is completed and approved. As a three-bedroom it should be underwritten lower.
  • No renovation budget has been established.

Ask and we will pull county sold comps and underwrite this deal with you before you offer.

Offer Terms

  • Accepted financingCash · hard-money / private
  • Proof of fundsRequired with offer
  • Earnest moneyDue at contract signing
  • Closing costsTypically buyer-paid
  • TimelineQuick close preferred

Terms are typical for these opportunities — exact figures and title company confirmed with your offer.

How It Works

Is this property on the MLS?

No. These are off-market opportunities shared privately with our buyer network before they ever hit the open market — so you avoid bidding wars and retail competition.

Can I walk the property before I offer?

Yes — walkthroughs are by appointment. Reach out and we'll coordinate access or share a walkthrough video where one is available.

What do I need to lock it up?

A signed agreement, proof of funds, and an earnest-money deposit. Cash or hard-money / private financing moves fastest.

Do you have comps and a full numbers breakdown?

ARV and rehab figures on most listings come from the seller, and we label them that way rather than presenting them as our own analysis. Ask, and we will pull county sold comps and underwrite the deal with you before you make an offer. On some listings that work is already done.

How quickly can we close?

As fast as title allows. Quick, clean closings are preferred and often part of securing the best price.

To schedule a walkthrough or submit an offer, contact:
Stephen Tilton — FLA Private Deals
📲 407-955-2759  |  📧 StephenLifeFL@gmail.com
Unlock Address & Numbers

All figures (after-repair value, rehab estimates, rents, and spreads) are estimates provided for investor convenience and are not guaranteed. Buyers should perform their own due diligence and verify all numbers, condition, square footage, and zoning independently. Property offered for off-market sale; details subject to change or prior sale.