$315,000 · SATELLITE BEACH, FL 32937
Works for flippers · Landlords would lose money

Available

$315,000Asking price

3 bd · 2 ba · 1,196 sq ft · built 1960

SATELLITE BEACH, FL 32937

No contract on file

via InvestorLift Classic

1 view · listed Oct 30

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $480,000
Asking price: −$315,000
RepairsMiddle of the seller’s $30,000 – $50,000. Ours: $14,500 – $30,500: −$40,000
Loan, holding, closing20% down, 12% interest, 2 points, 76 days: −$35,187
Profit18.7% of ARV · flippers want 10%+: $89,813
Works

Works for a flipper up to $354,000.

HOOSIER BUYERS

Lily Ibrahim

No reviews yet

Comps

Sales

Rents

ARV $480,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $356,000.

The sales behind this value are shown to members.

ARV $480,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

HOOSIER BUYERS

Lily Ibrahim

No reviews yet

Seller Description

For more details, Call/Text Lily: (317) 644-2554

3 Bed, 2 Bath, 1,196 SF home built in 1960 on a 0.19-acre lot, featuring an attached 1-car garage and approximately 600 SF of additional unfinished space with electrical already installed. Vacant and currently livable, with a slab foundation, vinyl siding, PVC plumbing, an electrical panel updated within the last few years, and central A/C approximately 7 years old. Interior updates include flooring replacement, kitchen and bathroom renovations, window replacement, and furnace installation. The roof is approximately 15 years old and reported to be in good condition, though replacement is listed in the exterior scope and should be verified. The unfinished space offers potential for a fourth bedroom or expanded living area, creating additional value-add upside.