Additional Details

• Important Details: --> On a lease until 06/0 @ $2156/MO --> $770/MO HOA (Roof/exterior/common areas)
• Features: Instant equity under 115k in Vero Beach, this 2/3 townhome with 1,430 SQFT offers strong upside and built-in income. The layout includes a loft currently being used as a bedroom with a bathroom upstairs, along with a screened-in second-floor balcony that adds desirable outdoor space. The property is leased through 06/30 at $2,156/month, providing immediate cash flow, and has a $770/month HOA covering the roof, exterior, and common areas, helping reduce major maintenance responsibilities. With solid rental income and value potential, this is an attractive opportunity for investors seeking both equity and stability.
• Potential ARV: $180,000-$190,000
• Rehab Description: For a rental, keep the tenants in place and continue collecting $2,156/month for immediate cash flow. With the HOA covering the roof, exterior, and common areas, this property offers a more hands-off investment while you benefit from steady income and long-term appreciation.
• Comparable Rent: $2156/MO
• Ideal Investment Strategy: Rental
• Construction: CBS
• Comp 1: 1930 Westminster Cir APT 2, Vero Beach, FL 32966 2/3 1430 SQFT 1993 Build SOLD @ $153,500 12/15/25 (Same unit with loft/similar condition as ours)
• Comp 2: 1934 Westminster Cir APT 7, Vero Beach, FL 32966 2/2 1395 SQFT 1988 Build SOLD @ $225,000 10/9/25
• Comp 3: 1965 Westminster Cir APT 3, Vero Beach, FL 32966 2/3 1430 SQFT 1987 Build SOLD @ $180,000 9/16/25 (Same unit with loft/Some updates)
• Comp 4: 1925 Westminster Circle #1, Vero Beach, FL 32966 3/2 1270 SQFT 2008 Build SOLD @ $185,000 9/2/25 (Smaller/Dated)
• Comp 5: 1910 Westminster Cir APT 1, Vero Beach, FL 32966 2/2 1050 SQFT 1993 Build SOLD @ $170,000 7/30/25 (Smaller/Dated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money