Canaveral Cocoa Flip on 1 Acre

Canaveral Cocoa Flip on 1 Acre

3 bed 2 bath 1551 sq ft Built in 1987 Single Family
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70
Quality of Comparables
Low High
16 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
12/20
Quality of Floor Plan
Choppy Flowing
19/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
9/10
Property Details

Located in a highly sought-after Cocoa community, this concrete block home features 3 bedrooms, 2 bathrooms, and an attached two-car garage, all situated on a spacious 1-acre lot with city water and septic.

The roof was replaced in 2016 and the HVAC system was installed in 2019, providing a solid foundation for your renovation. While the home will require a full interior and cosmetic update to maximize its potential, the major mechanical improvements help reduce renovation risk.

Comparable renovated homes on similar 1-acre lots support an estimated after-repair value of approximately $530,000. With the right vision and finishing touches, this property can be transformed into a private, highly desirable estate that will appeal to retail buyers seeking space and privacy.

Opportunities like this are hard to find in Brevard County. Contact your EquityPro Advisor today for additional information.

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We recommend flip
Rental Income
$1,800 mo. / $21,600 yr.
Estimated Taxes
$1,635 / yr.
Maintenance
$900 / yr.
HOA Dues
$0 / yr.
$17,065
Projected Income
4.76%
Estimated APY
$79,800
Projected Income
17.73%
Estimated ROI

Comps

 
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