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617 Tulane Ave, Melbourne, FL 32901
617 Tulane Avenue, Melbourne, Florida, 32901
Cancelled $224,990  
1476 sq ft 3 Bedrooms 2 Bathrooms 1 Garage 1977 Year Built

Additional Details

  • Important Details: --> 2017 Roof --> 2024 Electrical breaker panel upgraded to 150 amp
  • Features: TEXTBOOK flip with great specs in Melbourne, FL?! This CBS 3-bedrooom, 2 bathroom features 1476 of living space, an attached one car garage, a screened-in lanai, an outdoor shed, and sits on a large fenced-in lot. Being offered VACANT at close, and with a 2017. Prime central location in Brevard County. Near shopping centers, restaurants, attractions, and close to beach. Don't miss out on this opportunity!!
  • Potential ARV: $300,000-$320,000
  • Rehab Description: This is an easy rehab. On the outside the roof was replaced in 2017. The AC unit is in working order. Remodel the kitchen, one of the bathrooms, replace the fixtures, the garage door, and apply fresh paint.
  • Estimated Rehab: $20,000-$30,000
  • Comparable Rent: $2100-$2200/MO
  • Ideal Investment Strategy: Resale/Rental
  • Construction: CBS
  • Comp 1: 700 Dartmouth Ave, Melbourne, FL 32901 3/2 1373 SQFT 1978 Build SOLD @ $335,000 05/21/25 (Dated/smaller/two car garage)
  • Comp 2: 3446 Mazur Dr, Melbourne, FL 32901 3/2 1120 SQFT 1986 Build SOLD @ $310,000 03/21/25 (Smaller by over 300 sqft/2 car garage/clean)
  • Comp 3: 306 Yale Ave, Melbourne, FL 32901 3/2 1326 SQFT 1967 Build SOLD @ $269,000 03/25/25 (Smaller/clean, but dated)
  • Comp 4: 20 Vida Way, Melbourne, FL 32901 3/2 1735 SQFT 1958 Build SOLD @ $300,000 03/12/25 (Slightly bigger/clean, but dated)
  • Comp 5: 2506 Plantation Dr, Melbourne, FL 32901 3/2 1512 SQFT 1964 Build Sold @ $275,000 1/3/2025 (Dated)
  • Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Tab
Property Location

Benjamin Valdez – Asset Manager

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Benjamin Valdez – Asset Manager