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1062 NE Rio Ave, Jensen Beach, FL 34957
1062 NE Rio Ave, Jensen Beach, FL 34957
$199,990 - Single Family
821 sq ft 2 Bedrooms 1 Bathroom 1950 Year Built

Additional Details

  • Ideal Investment Strategy: Resale
  • Potential ARV: $310,000/$315,000
  • Estimated Rehab: $30,000/$35,000
  • Comparable Rent: $2,000
  • Construction: CBS
  • Occupancy: Call your Agent
  • Comp 1: 680 NE Stuart St - 2/1 - 1036 sq ft - Outdated - Detached Studio - Pending in 13 days @ $388,000
  • Comp 2: 986 NE Banyan Tree Dr - 2/2 - 856 sq ft - Totally Outdated - March 2022 - Sold @ $280,000
  • Comp 3: 756 NE Bernard St - 2/1.5 - 1254 sq ft - Partially Updated - Frame - Pending in 1 day @ $300,000
  • Comp 4: 1022 NE Santa Cruz - 3/2 - 1711 sq ft - Outdated/ Clean - Pool - February 2022 - Sold in 2 days @ $465,000
  • Rehab Description: This area does not require high end finishes ** This property requires a full rehab. Replace the roof, remodel the kitchen, remodel the bathroom, Install a/c, replace the floors, apply fresh paint, and deep clean. This property also requires a full trash out.
  • Features: GREAT DEAL in Jensen Beach and Vacant at Closing! This 2 bedroom CBS home is situated in a very hot market that doesn't require high end/ expensive finishes to achieve maximum resale value. This property will be delivered vacant at closing to set up you for a fast turn around time! Located east of NW Federal HWY right off of Saint Lucie River.
  • Important Details: Vacant at closing!
  • Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab