Property Description:
Located in Palm Bay is this three bedroom, one bathroom single family home with an estimated after-repair value of $215,000 on a third of an acre lot. Expect to fully renovate the home if you are to fix and flip it. As a buy-and-hold, we recommend completing minor cosmetic updates to make it rent-ready. Market rent in the area is between $1,200 – $1,400. In addition, the home is of wood frame construction. The comparables within the same vicinity are also wood frame and are selling for $200k plus. Brevard is still a really great market for affordable opportunities. For more information contact us.