Additional Details

• Features: Great investment opportunity in a quiet neighborhood in Palm Bay! This property features 3 bedrooms, 2 bathrooms, and is sitting on a large lot! Being offered vacant at close with a newer roof and ac allowing you to turn around for a quick profit. Conveniently located close to I-95, beaches, shopping, and dining. Act quickly on this opportunity!
• Potential ARV: $290,000-$300,000
• Estimated Rehab: $35,000-$45,000
• Rehab Description: For a flip or rental, this is a straight forward rehab. Modernize the interior by updating the flooring in the rooms, kitchen, baths, and fixtures/trim. Apply interior fresh paint and deep clean. Roof was replaced in 2020. The AC was replaced less than 6 years ago and it's in good working order. Finish up with landscaping to boost curb appeal!
• Ideal Investment Strategy: Rental/Resale
• Comp 1: 1680 Sutschek St NE, Palm Bay, FL 32907 3/2 1162 SQFT 1977 Build Sold @ $275,000 02/23/24 (6 days on the market) (Smaller/ inferior property/dated)
• Comp 2: 216 Wavecrest Ave NE, Palm Bay, FL 32907 3/2 1437 SQFT 1984 Build Sold @ $299,500 02/01/24 (Slightly bigger/clean/ updated/no garage and less curb appeal)
• Comp 3: 398 Epping Ct NE, Palm Bay, FL 32907 3/2 1320 SQFT 1978 Build Sold @ $280,000 12/29/23 (Clean with some updates)
• Important Details: --> VACANT AT CLOSE! --> NO HOA --> ROOF REPLACED 10/2020 PERMIT # BL20-10889
• Construction: FR