Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $370,000-$380,000
• Estimated Rehab: $30,000-$40,000
• Comparable Rent: $2,500
• Construction: Stucco Over Frame
• Occupancy: Call your Agent
• Comp 1: 8053 Bracken Ln, Melbourne, FL 32940 -- 2/2/1380 sq ft -- SOLD $410k SEP 2022 -- (Cookie Cutter with Updates)
• Comp 2: 6808 Whitetail Ct, Melbourne, FL 32940 -- 3/2/1458 sq ft -- SOLD $399k JUL 2022 -- (Original Finishes, Lived-in Condition)
• Comp 3: 6712 Fawn Ridge Dr, Melbourne, FL 32940 -- 3/2/1327 sq ft -- SOLD $380k DEC 2022 -- (Cookie Cutter with Updates)
• Rehab Description: For a rental or a flip, cosmetic updates are optional. Remodel the kitchen and bathrooms. Replace the flooring in the bedrooms. The Roof is in good condition and regularly maintained so replacing it is recommended but optional. The HVAC appears to be in good working order. Address partial drywall. Finish with fresh paint in and out to boost curb appeal!
• Features: Cookie Cutter Home in Brevard County! This 3 bedroom, 2 bathroom home sits in the attractive Hammock Trace neighborhood of Melbourne, FL! The property features a 2-car garage, a split floor plan complete with a master suite, high ceilings, and is already in fair shape! Centrally located just east of I-95 and a short drive to local schools, this property sits in a prime location! Don't miss out on this opportunity to enter this market at a nearly impossible-to-find price point!
• Important Details: Vacant at Closing; HOA -> $340 per Year/ No Restrictions
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab