Overview
- 2 Bedrooms
- 2 Bathrooms
- 1,394 ft
- Year Built: 1953
Description
Address: Vero Beach, FL 32960
Property Details:
2 Bed, 2 Bath (Option to easily add a third room)
1,394 sqft
Lot Size: 20,038 sqft
New Roof
Fully Gutted
No Central AC
Financial Information:
Selling Price: $255,000
ARV (After Repair Value): $430,000
Highlighting the Investment Opportunity:
This property offers a unique opportunity for investors looking to maximize their return on investment. With the property being fully gutted, you have a blank canvas to create a highly desirable living space. The new roof is a significant advantage, and the large lot size provides potential for further enhancements or expansions.
Key Points:
High ARV Potential: With an ARV of $430,000, there is a substantial profit margin available.
Flexibility in Layout: The existing 2 bed, 2 bath layout can easily be modified to add a third room, increasing the property’s value and appeal.
New Roof: Reduces immediate repair costs and adds to the property’s longevity.
Prime Location: Located in Vero Beach, a desirable area with strong market demand.