Additional Details

• Features: DUAL Threat opportunity in Vero Beach! Perfect for a quick flip or addition to your rental portfolio. This 2 bedroom CBS home features 1006 sqft and is centrally located in Vero beach minutes away from US-1, beaches, shops, and restaurants. Don't miss out on the opportunity to enter this market at a nearly impossible-to-find price
• Potential ARV: $220,000-$240,000
• Rehab Description: For a flip or rental, this property will require a full renovation. Start on the outside by replacing the roof. The AC unit is older, but in good working order. Modernize the interior by updating the flooring, kitchen, baths, and fixtures/trim. Apply interior/exterior fresh paint and deep clean. Finish up with landscaping to boost curb appeal!
• Estimated Rehab: $50,000-$60,000
• Ideal Investment Strategy: Rental/Resale
• Construction: CBS
• Occupancy: Call Agent
• Comp 1: 420 7th Rd SW, Vero Beach, FL 32962 3/2 980 SQFT 1959 Build PENDING @ $ 239,000 (Dated, 2/1 on tax roll, and smaller)
• Comp 2: 714 5th Pl SW, Vero Beach, FL 32962 3/1 987 SQFT 1960 Build SOLD @ $240,000 (15k above listed price) (Smaller/dated)
• Comp 3: 564 5th St SW, Vero Beach, FL 32962 3/2 1205 SQFT 1960 Build SOLD @ $220,000 11/17/23 (Slightly bigger/investor special)
• Comp 4: 603 3rd St SW, Vero Beach, FL 32962 2/1 923 SQFT 1957 Build SOLD @ $175,000 (Smaller/dated/as-is investor purchase)
• Important Details: --> Rented M2M @ $600/mo --> No HOA