GREENACRES 5/3 POOL HOME | $565K ASK | $700K ARV | 2,941 SQFT | GATED COMMUNITY | PALM BEACH COUNTY
PROPERTY OVERVIEW
Location: Greenacres, FL 33463
Asking Price: $565,000
Estimated ARV: $700,000
Property Type: Single-Family Residence
Bedrooms: 5
Bathrooms: 3
Living Area: 2,941 SqFt
Lot Size: 8,126 SqFt
Property Features: Swimming Pool (verification required)
Community: Gated Community
Occupancy: VACANT
County: Palm Beach County, Florida
Escrow Deposit: $10,000
Transaction Type: Assignment
Showing Instructions: By Appointment
PROPERTY HIGHLIGHTS
SPACIOUS 5-BEDROOM HOME IN A GATED COMMUNITY — NEARLY 3,000 SQFT, PRIVATE POOL POTENTIAL, AND $700K PROJECTED ARV!
Attention Palm Beach County cash buyers and fix-and-flip investors!
This spacious 5-bedroom, 3-bathroom single-family residence in Greenacres presents an opportunity to acquire a large home in a gated residential community at approximately 80.7% of its projected after-repair value.
Featuring 2,941 SqFt of living space on an 8,126 SqFt lot, this property offers a substantial existing footprint for investors looking to renovate and reposition a larger family residence.
WHY INVESTORS SHOULD TAKE A CLOSER LOOK:
$700,000 Projected ARV: Potential resale opportunity following appropriate renovations.
$135,000 Gross Difference to ARV: Difference between asking price and projected resale value before renovation and transaction expenses.
5 Bedrooms / 3 Bathrooms: Spacious layout appealing to buyers seeking larger family homes.
2,941 SqFt Living Area: Nearly 3,000 SqFt of existing interior space.
Gated Community: Residential setting that may appeal to buyers seeking controlled community access.
Swimming Pool: Advertised as a pool home; pool presence and condition should be confirmed.
Vacant Property: No tenant relocation required based on reported occupancy.
8,126 SqFt Lot: Outdoor space for landscaping, entertaining, and exterior improvements.
Multiple Exit Strategies: Fix and flip or renovate and hold, depending on investor underwriting.
This property is being marketed as a fix-and-flip opportunity for investors interested in improving a spacious single-family residence and repositioning it for resale.
Potential renovation considerations include:
Kitchen modernization, cabinetry, countertops, and appliances
Bathroom upgrades and updated fixtures
Interior flooring, painting, lighting, and finishes
Exterior improvements, landscaping, and curb appeal
Pool inspection and any necessary repairs or improvements
Roofing, HVAC, electrical, and plumbing inspections
Windows, doors, and other property improvements
Review of HOA architectural restrictions and renovation requirements
Additional repairs identified during property inspections
Estimated Repair Costs: To be determined following property inspection and contractor assessment.
The items above are suggested inspection areas, not confirmed defects.
ARV BREAKDOWN & SOLD COMPARABLES
ESTIMATED AFTER REPAIR VALUE: $700,000
Comparable sales have not been provided in the current property listing.
Investors should evaluate recently sold, renovated single-family residences in Greenacres and comparable nearby communities, focusing on:
Properties within approximately 0.5–1 mile, prioritizing the same gated community
Sales within the past 6 months, expanding to 12 months if necessary
Similar 4–5 bedroom homes with 3 bathrooms
Approximately 2,600–3,200 SqFt of living area
Comparable lot sizes and construction characteristics
Similar pool and garage amenities
Similar HOA fees and community features
Renovated properties reflecting the anticipated finished condition
ARV ANALYSIS
Asking Price: $565,000
Estimated ARV: $700,000
Asking Price as Percentage of ARV: 80.7%
Gross Difference Between Asking Price and ARV: $135,000
Estimated Repair Costs: Pending
Projected Net Profit: Not Available
The projected $700,000 ARV requires verification through relevant sold comparable properties.
The $135,000 difference is not projected net profit. Renovation, financing, holding, closing, HOA, and resale expenses must be considered.
INVESTMENT POTENTIAL
FIX & FLIP OPPORTUNITY
Acquire at $565,000, complete a renovation appropriate for the community and target resale based on verified comparable sales and the property's finished condition.
With five bedrooms, three bathrooms, and nearly 3,000 SqFt of living area, the property may appeal to retail buyers seeking larger homes in gated residential communities.
BUY & HOLD OPPORTUNITY
Evaluate the property for long-term rental income following improvements.
Investors should independently verify rental rates, HOA leasing restrictions, insurance, taxes, financing, and operating expenses before selecting a rental strategy.
HOA & COMMUNITY CONSIDERATIONS
As the property is advertised within a gated community, investors should verify:
Request additional information, schedule a property 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, square footage, pool features, HOA restrictions, zoning, permits, comparable sales, ARV, repair costs, and all investment projections. Pricing, terms, and availability are subject to change.
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Figures from the seller unless a line says otherwise. Verify before you close.
