Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $270,000 - $290,000
• Estimated Rehab: $55,000 - $65,000
• Comparable Rent: $1800
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 2665 11th Ct, Vero Beach, FL 32960 - 1957 Build - 2 bd1ba w/810 sqft - Sold $150,000 on 03/28/23 - (Dated)
• Comp 2: 1085 29th St, Vero Beach, FL 32960 - 1972 Build - 4 bd2 ba w/1,274 sqft - Sold $240,000 on 04/07/23 - (Dated)
• Comp 3: 1005 25th St, Vero Beach, FL 32960 - 1952 Build - 4 bd2 ba w/1803 sqft - Sold $327,000 on 05/01/23 - (Updates/ Pool)
• Comp 4: 2605 Carissa Dr, Vero Beach, FL 32960 - 1970 Build - 3 bd2 ba w/1618 sqft - Sold $570,000 on 06/16/23 - (w/ Updates)
• Rehab Description: For a Flip or a Rental! This property will need a full cosmetic renovation. The porch and carport has been converted to bedrooms with window units in place. The roof, kitchen, bathrooms and flooring need to be replaced. Interior and exterior paint must be applied. New doors, appliances and fixtures are needed. Central AC system must be replaced along with some updates to the electrical . Landscaping and trash-out is needed. Adding an additional bathroom could push the ARV even higher.
• Features: INVESTOR'S DELIGHT! much larger than tax roll and in an excellent area of Indian River county! Property sits just minutes from downtown attractions, restaurants, beach and much more! This 4 bedroom, 1 bathroom home features 1,560 of living space with an additional backyard shed. With a complete renovation, this property holds incredible investment potential. Conveniently located off the main highway and minutes away from downtown!
• Important Details: - Vacant at Closing; Living Area: 897ft(main enclosed w/ window unit) + 245ft (closed porch enclosed w/ window unit)) + 418ft (Carport enclosure enclosed w/ window unit)) = 1560 SqFt Total Living Area
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab