Fort Pierce Block Flip

Fort Pierce Block Flip

3 bed 2 bath 1640 sq ft Built in 1982 Single Family
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73
Quality of Comparables
Low High
14 /20
Level of Rehab
Heavy Light
12/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
6/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Don’t miss this opportunity to flip a solid block home in Fort Pierce. This is one of the lowest priced single-family homes in all of Port Pierce. This true 3-bedroom, 2-bathroom house features a garage and a spacious backyard, perfect for end-users. Located just fifteen minutes from Downtown Fort Pierce and thirty minutes from Stuart — it’s in a prime spot.

Similar properties in the area are listed at over $400,000, with many not renovated. There may be an opportunity to increase the after-repair value if a full remodel is done on the property. 

Rental comps in the area easily support $2,500 per month and possibly even higher with a nice remodel. This can also be a great opportunity for a long-term buy and hold with a good return. With the area's ongoing growth and rising popularity, this house is well-positioned for significant future appreciation.

Contact your EquityPro Advisor today to secure this deal.

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We recommend flip
Rental Income
$2,500 mo. / $30,000 yr.
Estimated Taxes
$4,000 / yr.
Maintenance
$1,000 / yr.
HOA Dues
$0 / yr.
$20,100
Projected Income
6.61%
Estimated APY
$50,100
Projected Income
15.66%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

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