Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $890,000 - $910,000
• Estimated Rehab: $60,000 - $80,000
• Comparable Rent: $3850
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 407 Beverly Ct, Melbourne Beach, FL 32951 - 4 bd/4 ba w/2991 SqFt - Sold $1,500,000 on 08/08/23 - (Updates/Pool/Larger)
• Comp 2: 349 Arrowhead Ln, Melbourne Beach, FL 32951 - 4 bd/3 ba w/2556 SqFt - Sold $800,000 on 08/11/23 - (Dated/Pool)
• Comp 3: 261 Arrowhead Ln, Melbourne Beach, FL 32951 - 3 bd/3 ba w/1848 SqFt - Sold $957,500 on 05/17/23 - (Smaller/Frame/Partial-Updates/Pool)
• Comp 4: 268 Beverly Ct, Melbourne Beach, FL 32951 - 3 bd/2 ba w/2316 SqFt - Sold $1,000,000 on 09/07/22 - (Partial-Updates/Pool)
• Comp 5: 296 Hiawatha Way, Melbourne Beach, FL 32951 - 4 bd/3 ba w/2511SqFt - Sold $915,000 on 11/18/22 - (Partial-Updates/Pool)
• Comp 6: 367 Hiawatha Way, Melbourne Beach, FL 32951 - 4 bd3 ba w/2143 SqFt - Sold $815,000 on 12/19/22 - (Dated/Pool)
• Comp 7: 343 Hiawatha Way, Melbourne Beach, FL 32951 - 3 bd2 ba w/1897 SqFt - Sold $830,000 on 12/14/22 - (Smaller/Dated/Pool)
• Rehab Description: This is an Easy Renovation! For a flip, this property's needs are mainly cosmetic, to bring the home to 2023 or 2024 standards. The kitchen is in great condition. Updates to the Bathrooms and Air Condition should be considered. Replacing the floor is optional as well as the roof (2010 in good conditions & under warranty). Landscaping, attention to the pool, New Interior, and New Exterior Paint will have this home retail ready!
• Features: This conforming CBS Pool home is nestled in the desirable Sunnyland Beach Subdivsion of Melbourne Beach. No HOA, and located between river and ocean, Deeded Direct Beach Access, and a short walk, bike ride, or golf cart ride to water; this property won't be available long. Steps from the water! This property features a spacious layout, 2-car garage, Open kitchen, 3 bathrooms, and a swimming pool. Don't miss this Great investment opportunity!
• Important Details: On Canal {Direct Access}-> Swimming Pool; ***2022 assessed at 600k***; 2010 Roof in Good Condition w/25Year Warranty; Post-Closing Occupancy w/$10k HB; Community has deeded private beach access. No HOA!!!
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab