Overview
- 2 Bedrooms
- 1 Bathrooms
- 1,216 ft
- Year Built: 1957
Description
INVESTOR SPECIAL – EASY FLIP – VERO BEACH, FL
Address: Vero Beach, FL 32962
Property Details:
3 Bed, 1 Bath (Option to add an extra room and an extra bath during rehab)
1,216 sqft
Lot Size: 6,534 sqft
Needs New AC and Roof
Financial Information:
Selling Price: $235,000
ARV (After Repair Value): $330,000
Highlighting the Investment Opportunity:
This property presents an excellent value-add opportunity for investors willing to undertake renovations. With the option to add an extra room and an extra bath, you can significantly increase the property’s value and rental income potential. The property’s current condition allows for a substantial equity gain post-rehab, given its ARV of $330,000.
Key Points:
High Profit Potential: The property’s ARV of $330,000 offers a considerable profit margin after the necessary repairs and upgrades.
Flexible Layout: The existing 3 bed, 1 bath layout can be expanded to include an additional room and bath, enhancing the property’s appeal.
Essential Upgrades Needed: New AC and roof installations are required, providing an opportunity to modernize the property and increase its market value.
Prime Location: Situated in Vero Beach, a sought-after area with a strong real estate market.