Additional Details

• Important Details: --> Vacant at close --> NO HOA --> Pool home --> 2026 Roof --> Flood Zone X (no flood insurance required)
• Features: Pool Home Flip Opportunity Under 140K in Melbourne, FL! This 3-bedroom CBS home offers 1,006 SQFT and will be delivered vacant at close. Featuring a 2026 roof, NO HOA, Flood Zone X (no flood insurance required), private pool, and attached carport, this property offers great specs at an attractive entry price point. With pool homes offering an appealing feature for end buyers, a fully renovated product has the opportunity to stand out against competing inventory and maximize resale value. A great value-add opportunity for investors looking for a straightforward flip with strong upside in Melbourne!
• Potential ARV: $250,000-$260,000
• Rehab Description: To maximize resale value, this property will require a complete interior renovation. Fully modernize the home with new flooring, an updated kitchen and bathroom, new fixtures and finishes, and fresh interior paint throughout. Install a new central AC system and address any necessary electrical or ductwork modifications. The pool is in good condition and will primarily need a thorough deep clean. Address the existing hairline cracks and complete any necessary repairs. With the 2026 roof already in place, major roofing expenses are eliminated. Finish with a thorough deep clean, minor exterior touch-ups, landscaping to boost curb appeal, and any remaining punch-list items to deliver a fully renovated, market-ready property.
• Comparable Rent: $1800-$1900
• Construction: CBS
• Ideal Investment Strategy: Resale/Rental
• Comp 1: 2336 Shelby Dr, Melbourne, FL 32935 3/2 1142 SQFT 1961 Build PENDING @ $224,900 (Dated with 2-baths/no pool)
• Comp 2: 2184 Dordon Dr, Melbourne, FL 32935 2/1 776 SQFT 1960 Build SOLD @ $207,700 6/17/26 (Smaller/dated)
• Comp 3: 1630 Arnold Dr, Melbourne, FL 32935 2/1.5 1344 SQFT 1961 Build SOLD @ $257,800 6/4/26 (Clean some updates)
• Comp 4: 2317 Floridiane Dr, Melbourne, FL 32935 3/2 1008 SQFT 1960 Build SOLD @ $230,000 6/11/26 (2-baths/clean without a pool)
• Comp 5: 2349 Leewood Blvd, Melbourne, FL 32935 3/1 978 SQFT 1960 Build SOLD @ $259,000 11/20/25 (Smaller/updated without a pool)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money