Additional Details

• Important Details: --> VACANT AT CLOSE! --> NO HOA
• Features: Dual threat opportunity in VERO BEACH?! This block 3-bedroom, 2-bathroom property features 987 sq ft. Being offered VACANT at close with instant equity, plenty of upside as a flip, or a great addition to your rental portfolio. Located within minutes of major highways, downtown, and the beaches. Don't miss out!
• Potential ARV: $215,000-$230,000
• Rehab Description: This property will need a full rehab. The roof and flooring need to be replaced. The kitchen and both bathrooms will need to be remodeled. The AC unit is in working order, but may need to be serviced or replaced due to age. Interior and exterior paint must be applied. Finish off with landscaping to boost curb appeal.
• Estimate Rehab: $50,000-$60,000
• Comparable Rent: $1500-$1600
• Ideal Investment Strategy: Rental/Resale
• Occupancy: VACANT AT CLOSE
• Construction: CBS
• Comp 1: 4075 45th Ln, Vero Beach, FL 32967 4/2 1132 SQFT 1984 Build PENDING @ $249,990 (8 days on the market) (Slightly bigger/clean with some updates)
• Comp 2: 4725 30th Ave, Vero Beach, FL 32967 4/1 840 SQFT 1953 Build PENDING @ $189,990 (Smaller/some updates)
• Comp 3: 4555 47th Ct, Vero Beach, FL 32967 3/2 1185 SQFT 1977 Build SOLD @ $250,000 03/15/24 (Bigger/updated flip)
• Comp 4: 4070 46th Ln, Vero Beach, FL 32967 3/2 1120 SQFT 1986 Build SOLD @ $245,000 10/20/23 (Slightly bigger/fully updated/has a garage)
• Comp 5: 3975 46th Pl, Vero Beach, FL 32967 4/2 960 SQFT 1965 Build SOLD @ $220,000 10/04/23 (Similar size with one more room and bathroom/updated)
• Hard Money: Pre-Approved by OPS Loans for up to 70% LTV – See OPS Loans Tab