Check out this Palm Bay condo opportunity for under $100K. This 2-bedroom, 2-bathroom first-floor unit is a great option for a first-time investor looking to buy and hold or renovate and flip.

The unit is in original condition and will need a full renovation, including the kitchen, flooring, bathrooms, and HVAC. With a purchase price under $100K and an estimated after-repair value around $160K, the property offers roughly $60K of potential value spread before renovation, closing, financing, and other holding costs.

The $334/month association fee includes water, sewer, cable, internet, roof, and lawn care. The community roofs were replaced in 2024, and the unit also includes its own washer and dryer.

The property is conveniently located near I-95, major shopping, malls, and attractions, making it appealing to both renters and retail buyers. Recent renovated units in the community have averaged approximately 35 days on market.

For more information, contact your EquityPro Advisor.