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1519 Palmwood Dr, Melbourne, FL 32935
1519 Palmwood Dr, Melbourne, FL 32935
Cancelled $209,990 - Single Family
1,618 SqFt 3 Bedrooms 2 Bathrooms 1964 Year Built

Additional Details

  • Contact your dispositions agent, Julian Kasky: (954)-807-9115; jkasky@propertyforce.com
  • Ideal Investment Strategy: Rental/Resale
  • Potential ARV: $355,000 - $365,000
  • Estimated Rehab: $45,000 - $55,000
  • Comparable Rent: $2,230
  • Construction: CBS
  • Occupancy: Call your Agent
  • Comp 1: 1435 Lakewood Dr, Melbourne, FL 32935 -- 3/2/1335 sq ft -- SOLD $355k NOV 2022 -- (Updates)
  • Comp 2: 601 Kingswood Ave, Melbourne, FL 32935 -- 3/2/1828 sq ft -- SOLD $345k OCT 2022 -- (Clean)
  • Comp 3: 1312 Boxwood Dr, Melbourne, FL 32935 -- 3/2/1479 sq ft -- SOLD $230k NOV 2022 -- (Investor Purchase)
  • Rehab Description: For a rental or a flip, cosmetic updates are recommended. Remodel the kitchen, bathrooms, and flooring throughout. Replace the roof. The HVAC system appears to be in good working order. Partial ceiling drywall needs to be addressed. Replace lighting and fixtures throughout and finish with a fresh coat of paint in and out.
  • Features: COOKIE CUTTER HOME IN Melbourne?! This 3 bedroom, 2 bathroom, CBS construction home sits on a sizeable lot in a quiet desired residential pocket of Sunwood Park! The property features a screened-in front porch, a spacious floorplan including a master suite, a living room, an additional family room, as well as the option for a 4th bedroom. Right off US-1 and only a one-minute walk to the local elementary school, this property sits in the PRIME Eau Gallie location! Don't miss out on this opportunity to add this rental with equity or quick flip to your portfolio!
  • Important Details: --> Vacant at Close!; Enclosed Rear Family Room Under Air; Possible 4th Bedroom
  • Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab
Property Location