Property Description:
This 3-bed, 2-bath, 2,120 sf block home built in 1963 sits on a 15,246 sf (0.35 acre) lot with a garage in Vero Beach. The property has a block foundation and natural curb appeal, plus sits in a quiet, established neighborhood. Interior needs cosmetic updates, with original finishes and aging systems. With nearby renovated 3/2 and 3/3 homes closing in the upper mid-$600s, this property presents a solid flip opportunity at the current $449,900 asking price.
🛠️ Rehab Scope
- Replace aging roof (no record of replacement since early 2000s)
- Inspect and service HVAC; likely due for replacement
- Update kitchen and baths with modern cabinetry, counters, and fixtures
- Replace flooring, repaint interior and exterior
- Refresh landscaping and driveway for curb appeal
- General cleanup, lighting, and hardware upgrades
🔵 Comparable Sales
- 3050 11th Ave – 3/3 | 1,906 sf | 1960 | $630,000 ($331/sf) – Renovated
- 3025 Buckinghammock Tr – 3/2 | 1,766 sf | 1958 | $708,000 ($401/sf) – Updated
- 3135 11th Ter – 3/2 | 2,330 sf | 2003 | $635,000 ($273/sf) – Good condition
- 3060 10th Ct – 3/3 | 2,122 sf | 1960 | Active $789,900 ($372/sf) – Fully rehabbed
Based on these comps, the ARV is estimated around $675,000 +/-, depending on finish quality and system updates.