Additional Details

• Important Details: --> Vacant at close --> Flood Zone X (No flood insurance required) --> NO HOA
• Features: Under 120K in Palm Bay — Textbook flip with a great entry price. This 3/2 home offers a total of 1,302 SQFT, which includes the enclosed porch. The 200 SQFT garage has also been enclosed, giving you the flexibility to keep it as additional living space or convert it back into a garage. The property will be delivered vacant at close and is located in Flood Zone X (no flood insurance required) with no HOA. Conveniently located near shopping, dining, major roadways, and the beach, this is a strong value-add opportunity with excellent resale potential.
• Potential ARV: $260,000-$270,000
• Rehab Description: This property will require a full rehab inside and out. Replace the roof and AC as needed, address any exterior repairs, and modernize the interior with new flooring, kitchen, bathrooms, fixtures, and finishes throughout. Apply fresh interior and exterior paint, complete a thorough deep clean, and improve the landscaping to maximize curb appeal and resale value.
• Comparable Rent: $1750-$1850/MO
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS
• Comp 1: 2073 Clover St NE, Palm Bay, FL 32905 3/2 1232 SQFT 1988 Build SOLD @ $238,000 4/20/26 (2-car garage/dated)
• Comp 2: 760 Cranbrook Ave NE, Palm Bay, FL 32905 3/2 1272 SQFT 1986 Build SOLD @ $262,000 5/20/26 (2-car garage/dated)
• Comp 3: 780 Baracoa Ave NE Palm Bay, FL 32905 3/2 1360 SQFT 1980 Build SOLD @ $295,000 4/2/26 (2-car garage/dated)
• Comp 4: 1278 Port Malabar Blvd NE, Palm Bay, FL 32905 3/2 1320 SQFT 1980 Build SOLD @ $259,900 3/18/26 (Some updates/similar home)
• Comp 5: 2025 Acacia St NE, Palm Bay, FL 32905 2/2 888 SQFT 1974 Build SOLD @ $229,000 2/17/26 (Smaller/no garage/some updates)
• Comp 6: 1238 Port Malabar Blvd NE, Palm Bay, FL 32905 4/2 1176 SQFT 1980 Build SOLD @ $295,000 1/23/26 (Similar home/updated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money