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362 SHERMAN ST SE PALM BAY, FL 32909
362, Sherman Street Southeast, Palm Bay, Brevard County, Florida, 32909, United States
SOLD! $184,990 - Single Family
1,076 sq ft 3 Bedrooms 2 Bathrooms 2 Garages 1999 Year Built .23 acres

Additional Details

  • Ideal Investment Strategy: Rental/Resale
  • Potential ARV: $265,000-$285,000
  • Estimated Rehab: $10,000-$30,000
  • Comparable Rent: $2,000
  • Construction: CBS
  • Occupancy: Call your Agent
  • Comp 1: 305 Brickell St SE, Palm Bay, FL 32909 -- 3/2/1380 sq ft -- SOLD $293k MAY 2023 -- (Clean Framer with Updates, Larger, 1-car Garage)
  • Comp 2: 139 Richardson St SE, Palm Bay, FL 32909 -- 3/2/1291 sq ft -- SOLD $270k APR 2023 -- (Clean Block Home with Updates, 1-car Garage, Low Curb Appeal)
  • Comp 3: 560 Breakwater St SE, Palm Bay, FL 32909 -- 3/2/1152 sq ft -- SOLD $269k NOV 2022 -- (Clean Block Home with Partial Updates, Lived-in Condition)
  • Comp 4: 818 Brittan Ave SE, Palm Bay, FL 32909 -- 3/2/1206 sq ft -- SOLD $265k NOV 2022 -- (Clean Framer with Partial Updates)
  • Comp 5: 606 Alhambra Rd SE, Palm Bay, FL 32909 -- 3/2/1252 sq ft -- SOLD $248k DEC 2022 -- (Dated Framer with a 2-car Garage)
  • Comp 6: 774 Fletcher Rd SE, Palm Bay, FL 32909 -- 3/2/1257 sq ft -- LEASED $1995/mo MAR 2023 -- (Clean Rental Condition)
  • Rehab Description: For a rental or a flip, cosmetic updates are optional. The kitchen, bathrooms and flooring are already in rent-ready condition. Remodel the bathrooms and flooring to maximize flip returns. The roof appears to be in good working order and free of leaks, but may need to be addressed due to age. The HVAC appears to be newer. Replace lighting and fixtures throughout, and finish with fresh paint to the interior.
  • Features: Dual-Threat Opportunity in Brevard County?! This 3 bedroom, 2 bathroom, CBS construction home sits on a quarter-acre lot in a quiet residential pocket of Palm Bay, FL! The property features a split floor plan complete with a master suite, vaulted ceilings, an updated kitchen with shaker cabinets and granite counters, and a brand new stainless steel oven/stovetop. The property is already in rent-ready condition with minimal updates required! Centrally located just west of I-95 and only a short drive to groceries, this property sits in an IDEAL location! Don't miss out on this opportunity to grab a cash flowing rental with equity or a quick and easy flip to your portfolio!
  • Important Details: --> 35-day Post-Closing Occupancy with Escrow Holdback
  • Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab
Property Location

Julian Kasky

Contact

Julian Kasky