Additional Details

• Features: Textbook flip in Melbourne! This 3 bedroom, 3 bathroom features 1390 sq ft, has an attached garage, and spacious lanai. This home is being offered VACANT AT CLOSE with instant equity and has excellent upside as a flip! Located minutes away from beaches, Wickham Park, shopping, and restaurants. Don't miss out!!
• Potential ARV: $300,000-$320,000
• Rehab Description: For a flip or rental, this is an easy rehab. Modernize the interior by updating the flooring in the rooms, kitchen, baths, and fixtures/trim. Apply interior fresh paint and deep clean. Roof is 10 years old and appears to be in good condition. The AC is older and in working order, but may need to be serviced or replaced. Finish up with landscaping to boost curb appeal!
• Estimated Rehab: $30,000-$40,000
• Ideal Investment Strategy: Resale/Rental
• Important Details: -->VACANT AT CLOSE! -->HOA $198/mo (Covers common areas and basic maintenance)
• Construction: CBS
• Comp 1: 3445 Sparrow Ct Melbourne, FL 32935 2/2 1387 SQFT 1992 Build Pending @ $299,990 (2 days on the market) (Dated/smaller/some updates)
• Comp 2: 1838 Quail Trl. Melbourne, FL 32935 2/2 1350 SQFT 1987 Build Pending @ $280,000 (One day on the market) (Smaller/completely dated)
• Comp 3: 3463 Sandpiper Ct. Melbourne, FL 32935 2/2 1330 SQFT 1979 Build Sold @ $296,000 12/22/23 (Smaller/one less bedroom/clean with some updates)
• Comp 4: 3481 Sparrow Ct. Melbourne, FL 32935 3/2 1226 SQFT 1979 Build Sold @ $320,000 11/15/23 (Smaller/updated)
• Occupancy: VACANT AT CLOSE!