Additional Details

• Important Details: --> Vacant at close --> Roof is 8 years old
• Features: Dual-threat opportunity in Cocoa for UNDER $140,000?! This 3-bedrooom, 1.5-bathroom features 1443 of living space, a newer wooden deck, and sits on a large fenced in lot with water views. Being offered VACANT AT CLOSE, with instant equity to add to your rental portfolio or plenty of upside as a flip. Prime central location in Cocoa. Near shopping centers, restaurants, major highways, and 10 minutes away from the beach. New finishes and a modern paint job will help this superior home move quickly. Don't miss out on this opportunity!
• Potential ARV: ARV: $240,000-$250,000
• Rehab Description: For a flip or rental this is an easy rehab. On the outside the roof is 8 years old and in good working order. The AC unit is older and should be replaced. Modernize the interior by updating the flooring, kitchen, baths, and fixtures/trim. Apply interior/exterior fresh paint and deep clean. Finish up with landscaping to boost curb appeal! It is recommend to turn the half to a full bathroom to maximize on resale value!
• Estimated Rehab: $40,000-$50,000
• Comparable Rent: $1800-$2000
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS
• Comp 1: 1044 Myrtle Ln, Cocoa, FL 32922 3/1 1436 SQFT 1957 Build SOLD @ $237,989 08/14/2024 (Similar size/only one bathroom/updated)
• Comp 2: 1118 Kirkland Dr, Cocoa, FL 32922 3/1 1942 SQFT 1958 Build SOLD @ $256,800 08/06/2024 (Bigger/only one bathroom/clean, but dated)
• Comp 3: 402 Churchill Dr, Cocoa, FL 32922 3/2 1032 SQFT 1958 Build SOLD @ $222,000 07/22/24 (Smaller/has a garage/dated)
• Comp 4: 1048 Bristol Dr, Cocoa, FL 32922 4/2.5 1344 SQFT 1958 Build SOLD @ $235,00 0 06/27/24 (Updated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab