Concrete Block Flip or Rental

Flip Return
Cocoa, FL 32926

Bedrooms: 3     Bathrooms:  2    SQFT: 1,328

Year: 1965     ARV: $159,900

Off-Market, 1965 built investment home in Cocoa, FL. This concrete block property is in great shape and  features, 3 bedrooms, 2 bathrooms, 1,328 square feet of living space, a big utility room with washer dryer hookups, and a 1 car garage. The roof and AC system are approximately 9 - 10 years old and are in great shape. Flippers will need simple cosmetic updates to get this property back on the market for resale including, paint, flooring, update the kitchen & baths, as well as appliances.

For the buy & hold investors, getting this property in move-in / rent ready condition, this home will need a refrigerator, interior paint, and flooring.  Market rent for this area is between $1,200 - $1,300 / month so with very minimum rehab and a scorching hot rental market, expect this property to be a cash cow very quickly in your portfolio with NET returns estimated at over 9%. Give your Florida Property Hub agent a call for more information on this Brevard County Investment Opportunity. 

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