Brevard County Flip
West Melbourne, FL 32904
Bedrooms: 3 Bathrooms: 2 SQFT: 1,720
Year: 1961 ARV: $260,000
Flip opportunity on the red-hot Space Coast of Central Florida. This West Melbourne home built in 1961 has great bones and features 3 bedrooms, 2 bathrooms, and 1,720 square feet of living space. This property is situated very convenient to shopping, hospitals, dining, and major roadways (I-95) however, the best part about this home isn't the amazing A+ rated schools. The best part about this investment opportunity is that when you finish your renovations and relist this home for sale, a home in the very desirable community of Sylvan Estates, your only competition in this community, currently, is a home that the seller has priced well out of the market. In regards to renovations, this house is solid and you should expect only cosmetic updates to bring this home up to today's desired standards. Since this neighborhood does not have a lot of activity in regards to properties sold, we had to go all the way back to 2017 for additional sold comps so we took into consideration increases in home values over the last year when determining our very conservative after repair value of $260,000. Call us today for more information and to schedule a showing.
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