Beach Flip - Huge Profit - 4 Min Walk To Beach

Brevard County, Indialantic, FL, 32903
Sold
Listed at: November 16th, 2023
Price
$375,000
ARV
$520,000
Gross Margin
$145,000
Sq. Footage
1670
Type
Single-Family
Parking
Attached Garage
Year build
1965
Lot size
0.22 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary
We have a direct contract with the seller and a NOI has been recorded against the title for this property. Contacting the seller directly will not result in you obtaining a purchase contract.


Investor Price. $375,000

Retail Value ....$520,000

Gross Margin .$145,000

Estimated Value

Est. Value Range High: $535,000
Est. Value Range Low: $510,000
Est. Rent Per Month: $3,500

Property Details

Rehab Level: Light - Moderate
Construction: Block on Slab
Electrical Panel: Good Condition
Air Conditioner: 2016
Water Heater: Good Condition
Roof: 2018
Occupancy: Occupied

Comps

2561 Carmel Rd - 3 / 2 / 1,427 sqft - SOLD $515,000
311 Beach St - 3 / 2 / 1,498 sqft - SOLD $503,000
440 Coconut Dr - 4 / 2 / 1,351 sqft - SOLD $490,000 *not renovated


*Do not disturb occupants or walk on property. Trespassing is a criminal offense.
***DO NOT re-market this property under any circumstance without consent. Tru REI LLC is a principle in all assets that we market for sale and will vigorously defend our position in a court of law.*** All information and estimates are provided as a courtesy and should be confirmed by the Buyer. Tru REI and its associates are not liable for the accuracy of the information.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brittaney Perez

No reviews

Disposition manager