Attention Palm Beach County cash buyers, fix-and-flip investors, and landlords!
This 3-bedroom, 1-bathroom single-family residence offers an opportunity to acquire a property for $220,000 and explore its potential through cosmetic improvements, resale, or long-term rental use.
Situated on a 5,482 SqFt lot in Riviera Beach, this property may appeal to investors seeking an entry-level acquisition with opportunities to improve its condition and marketability.
WHY INVESTORS SHOULD TAKE A CLOSER LOOK:
$220,000 Asking Price: Opportunity to acquire a single-family residence in Palm Beach County.
Cosmetic Value-Add Potential: Evaluate improvements that could enhance the property's appearance and resale value.
3 Bedrooms: Functional bedroom count for owner-occupants or long-term renters.
1,008 SqFt Living Area: Manageable property size for a targeted renovation.
5,482 SqFt Lot: Outdoor space for landscaping, curb appeal, and potential improvements.
Month-to-Month Tenant Reported: Potential occupancy flexibility, subject to verification of the lease, tenant status, and applicable law.
Multiple Exit Strategies: Fix and flip, renovate and hold, or evaluate the property as a rental investment.
The property is advertised as a cosmetic value-add opportunity. The exact scope of repairs has not been provided.
Buyers should evaluate:
Kitchen cabinets, countertops, and appliances
Bathroom fixtures, finishes, and modernization
Interior flooring and painting
Interior doors, trim, and lighting
Exterior painting and curb appeal
Landscaping and yard improvements
Roof, HVAC, electrical, and plumbing condition
Structural components and any additional inspection findings
Estimated Repair Costs: To be determined following inspection and contractor assessment.
Cosmetic renovation potential does not guarantee that major-system or structural repairs will be unnecessary.
ARV BREAKDOWN & SOLD COMPARABLES
ESTIMATED AFTER REPAIR VALUE: PENDING VERIFICATION
Comparable sales have not been provided in the current property listing.
Investors should evaluate recently sold, renovated 3-bedroom single-family residences in the surrounding Riviera Beach market, with particular attention to:
Comparable properties within approximately 0.5 miles
Sales within the past 6 months, expanding to 12 months if necessary
Similar living area and lot size
Comparable construction type and property condition
Similar bedroom and bathroom configurations
Renovated properties representing a realistic resale condition
ARV ANALYSIS
Asking Price: $220,000
Estimated ARV: Pending
Estimated Repairs: Pending
Potential Gross Spread: To Be Determined
Projected Net Profit: Not Available
A reliable ARV and investment margin cannot be established until comparable sales and renovation costs are verified.
INVESTMENT POTENTIAL
FIX & FLIP OPPORTUNITY
Acquire at $220,000, complete the improvements supported by property inspections and contractor estimates, and pursue resale based on verified comparable sales.
BUY & HOLD OPPORTUNITY
Evaluate the existing residence as a long-term rental investment. Investors should review market rental rates, tenant status, property taxes, insurance, financing, and ongoing operating expenses.
TENANT / OCCUPANCY CONSIDERATIONS
The property is advertised as having a month-to-month tenant, although the listing's occupancy field identifies it as vacant.
Buyers must confirm current occupancy, lease terms, rental income, security deposits, and possession arrangements before submitting an offer.
SHOWING & OFFER INSTRUCTIONS
SHOWINGS BY APPOINTMENT — CONFIRM ACCESS AND AVAILABILITY
Request additional information, schedule a showing, or submit your offer today.
WHOLESALERS ADD YOUR FEE ON TOP.
DISCLAIMER
HomeSellers Investments and/or an affiliated contracting entity may hold a contractual or equitable interest in the property. The transaction is marketed as an assignment. Buyers must independently verify property condition, occupancy, lease agreements, square footage, permits, zoning, comparable sales, ARV, repair costs, and investment projections. Pricing, terms, and availability are subject to change.
More About This Property
Nearby Deals
Nearby Markets12 cities · 8 counties · 12 ZIP codes
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ARV $350,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $219,000.
