Additional Details

• Important Details: --> 2024 AC --> Vacant at close --> Flood Zone X (No flood insurance needed) --> HOA is $196/MO (Covers common areas, lawn care, and amenities)
• Features: Textbook flip opportunity in Vero Beach offering 3 bedrooms, 2 bathrooms, and 1,893 SQFT of living space in a 2005 CBS-built home. This property will be delivered vacant at close and features a 2024 AC, attached two-car garage, and a screened-in patio overlooking the lake, adding strong lifestyle appeal for resale. Located in Flood Zone X, with no flood insurance required, this home checks all the boxes for a clean, straightforward project in a desirable area with solid upside.
• Potential ARV: $340,000-$350,000
• Rehab Description: For a rental, simply deep clean the property, paint the interior, and replace the carpets in the bedrooms to get it rent-ready. To maximize resale value, this is an easy rehab project. Replace the roof and modernize the interior by updating the flooring, kitchen, bathrooms, and fixtures/trim. Apply fresh interior and exterior paint, complete a thorough deep clean, and finish with some landscaping to boost curb appeal before bringing it to market.
• Comparable Rent: $2300-$2400/MO
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS
• Comp 1: 2551 12th Sq SW, Vero Beach, FL 32968 3/2.5 1893 SQFT 2005 BUILD PENDING @ $340,000 (Clean/some updates)
• Comp 2: 2559 12th Sq SW, Vero Beach, FL 32968 3/2 1887 SQFT 2005 Build SOLD @ $310,000 9/2/25 (Dated)
• Comp 3: 2540 12th Sq SW, Vero Beach, FL 32968 3/2 1893 SQFT 2005 Build SOLD @ $340,000 7/15/25 (Dated)
• Comp 4: 1264 25th Terrace Sw, Vero Beach, FL 32968 4/2 1874 SQFT 2004 Build SOLD @ $310,000 6/6/25 (Dated/investor purchase)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money