Downtown Melbourne Flip

Downtown Melbourne Flip

3 bed 2 bath 1032 sq ft Built in 1960 Single Family
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68
Quality of Comparables
Low High
16 /20
Level of Rehab
Heavy Light
8/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Here’s a great opportunity to secure a Brevard County flip near the Eau Gallie and Downtown Melbourne area. This 3-bedroom, 2-bathroom concrete-block home with a carport is ready for a full renovation. Expect to replace all major components — including the roof, windows, kitchen, and other big-ticket items — to bring this property to its full potential.

Comparable sales support an After Repair Value (ARV) of approximately $280,000, and the rental market is strong with rents up to $1,900 per month. This makes it an ideal candidate for the BRRRR strategy, a cash-out refinance, or a profitable fix and flip.

Don’t miss this opportunity to start 2026 strong on Florida’s Space Coast.
Contact your EquityPro Advisor for more details.

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We recommend flip
Rental Income
$1,850 mo. / $22,200 yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$18,100
Projected Income
7.86%
Estimated APY
$37,250
Projected Income
15.35%
Estimated ROI

Comps

 
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Sold

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