1352 Watts Ave, Chipley, FL 32428

Features: Great investment opportunity in Chipley, FL! 1352 Watts Ave offers strong rental or resale potential in a growing Panhandle market. The property sits on a spacious lot, providing room for upgrades or expansion. Conveniently located near local schools, shops, and main highways—ideal for investors seeking affordable value-add opportunities in a high-demand rental area 

Potential ARV: $140-000-$150,000

Rehab Description: For a flip or rental this needs updating to the kitchen, bathroom, flooring, and fixtures. Finish off by applying fresh interior/exterior paint, and some landscaping to boost curb appeal.

Construction: CBS

Estimated Rehab: $25,000-30,000

Comparable rent: $600

Closing Date: On or before 12/14/25

Occupancy: Owner occupied 30 days post closing escrow holdback $5,000

Information believed to be accurate but not warranted

Comp 1: 643 5th St, Chipley, FL 2 beds, 1 Bath, 1,283 Sqft, 14,897 Sqft, Sold 06/2025, $195K, Updated

Comp 2: 1331 Jackson Ave, Chipley, FL 32428, 3 Beds, 1 Bath, 1,841 Sq.Ft, Sold 06/2025 for $150K, Partial Updated

Comp 3: 3646 Earlston Rd, Graceville, FL 32440, 3 beds, 2 baths 1,392 sqft, Sold 06/2025, $60K, Mobile home

Pending: 1275 Morris Ave, Chipley, FL 3 Beds, 2 Baths, 1,245 Sqft, 6,098 Sqft Lot, 2020 built, Pending $165K